Lakewood Ranch, FL34211

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$558,000
7.0% YoY Growth
Median Household Income
$119,000
14.7% 5-Year Growth
Days on Market
87
19.0% Longer than last year
Home Price Forecast
-0.6%
Median Rent
$3,000
5.4% YoY Growth
1-Bed Rent
$1,670
N/A
2-Bed Rent
$3,000
2.6% YoY Growth
3-Bed Rent
$2,850
10.0% YoY Growth

Property Listings — Lakewood Ranch, FL

As of Aug '25 and according to Realtor.com, the median days on market for a home in Lakewood Ranch, FL is 87. This is an increase of 19.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$600,0002.0%
Listing Count
624N/A
Listings as % of Homes3.7%N/A
Days on Market
8719.0%
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Demographics — Lakewood Ranch, FL

MetricLatest CensusYoY % Change
Population
20,800163.6%
% Under 18
17.1%6.2%
% Under 5N/AN/A
% Seniors
27.5%-4.5%
% WFH
33.4%102.4%
% w/ College Degree
55.3%25.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.8%-3.5%
% Black
2.1%-22.2%
% Hispanic
11.4%29.5%
% Asian
2.9%38.1%
% Foreign Born
15.6%43.1%
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Mortgage and Risk — Lakewood Ranch, FL

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Lakewood Ranch, FL in that year was 1412. 89.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 64.0%. Of those, 14.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Lakewood Ranch, FL. Investor activity in Lakewood Ranch, FL is low, as 3.0% of all loans are originated by investors. In 2023, 4.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
1,412N/AN/A
% Conventional Loans
89.0%N/AN/A
% Government Loans
11.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
9.0%N/AN/A
% Cash Out Refinance
4.0%N/AN/A
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Rentals and Section 8 — Lakewood Ranch, FL

As of 2024, the percent of homes in Lakewood Ranch, FL under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
66
Total Units Section 8
66
% Rentals under Section 8
2.2%
% Occupied Section 8
84.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$390$1,670$2,060
2 Bedroom-$590$3,000$2,410
3 Bedroom$320$2,850$3,170
4 Bedroom$490$3,300$3,790

Affordability — Lakewood Ranch, FL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio5.3N/AN/A
Median Home Price$558,000N/AN/A
Median Household Income$119,000N/AN/A

Lakewood Ranch, FL — ZIP Code Boundary Map

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