Lakewood Ranch, FL—34202
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Lakewood Ranch, FL
Home Price Trends — Lakewood Ranch, FL
As of Oct '25, the median home price in Lakewood Ranch, FL is $670,000, with a year-over-year change of -9.5%. This indicates that home prices in Lakewood Ranch, FL are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $670,000 | -9.5% |
| Single Family | $721,000 | -10.0% |
| Condos | $325,000 | -13.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $170,000 | -17.1% |
2 Bed | $426,000 | -11.3% |
3 Bed | $643,000 | -9.6% |
4 Bed | $879,000 | -9.4% |
| 5 Bed | $1,266,000 | -8.3% |
% of Housing Stock
Rental Trends — Lakewood Ranch, FL
As of July '25, Rentcast reports the average rent in Lakewood Ranch, FL is $3,340, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Lakewood Ranch, FL is 1-bedrooms: $1,650, 2-bedrooms: $2,730, 3-bedrooms: $3,380, 4-bedrooms: $4,150. The most common rental property sizes in Lakewood Ranch, FL are 2-bedroom and 3-bedroom, accounting for 41.1% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,820 | $3,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,650 |
| 2 Bed Rent | $2,400 | $2,730 |
| 3 Bed Rent | $2,750 | $3,380 |
| 4 Bed Rent | $3,500 | $4,150 |
% of Rental Stock
Property Listings — Lakewood Ranch, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lakewood Ranch, FL is 78. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $721,000 | -6.0% |
Listing Count | 351 | 2.0% |
| Listings as % of Homes | 1.9% | 2.0% |
Days on Market | 78 | 1.0% |
Demographics — Lakewood Ranch, FL
As of the latest ACS Survey released in 2023, Lakewood Ranch, FL has a population of 27,200, which has increased by 14.7% over the past 5 years. Lakewood Ranch, FL is a moderately popular place for families, as children make up 17.8% of the population. The area has a highly educated workforce, with 57.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,200 | 14.7% |
% Under 18 | 17.8% | -11.0% |
% Seniors | 32.7% | 18.9% |
% WFH | 26.7% | 59.9% |
% w/ College Degree | 57.0% | 0.5% |
As of the latest ACS Survey released in 2023, Lakewood Ranch, FL is a predominantly white area, with 80.1% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Lakewood Ranch, FL is hispanic, making up 9.4% of the population. Foreign-born residents account for 11.6% of the population in Lakewood Ranch, FL, and this percentage has decreased by 7.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.1% | -5.9% |
% Black | 2.3% | 76.9% |
% Hispanic | 9.4% | -10.5% |
% Asian | 3.0% | 25.0% |
% Foreign Born | 11.6% | -7.9% |
Mortgage and Risk — Lakewood Ranch, FL
According to HUD data as of 2023, there were 345 mortgage originations in Lakewood Ranch, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Lakewood Ranch, FL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 345 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Lakewood Ranch, FL
As of 2024, the percent of homes in Lakewood Ranch, FL under the Section 8 program is 2.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lakewood Ranch, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 63 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $1,600 | $2,140 |
| 2 Bedroom | $100 | $2,400 | $2,500 |
| 3 Bedroom | $530 | $2,750 | $3,280 |
| 4 Bedroom | $430 | $3,500 | $3,930 |
Affordability — Lakewood Ranch, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $670,000 |
| Median Household Income | $123,000 |