New - 20 hours on Rocket
$4,749 Closing Credit¹
#O6288148, Robert Foutz, Listing Office: ASSIST 2 SELL FOUTZ REALTY
Lake Mary Housing Market Report February 2025•Seminole County, Florida
Housing Prices in Lake Mary, FL
How much do homes in Lake Mary, FL cost?
Housing Market Conditions
Is Lake Mary, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lake Mary is a Buyer's Market
Difference Since February 2024
At the same time last year, Lake Mary was a Seller's Market.
Insight
Lake Mary is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$481,366$245/SqFt
+$20,433
+4.4%
Based on all homes sold in the last 12 months
Insight
Homes in Lake Mary have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Lake Mary was $481,366 in February 2025, up 4.4% from last year, and the median price per square foot was $245.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Lake Mary | $460.9K | $481.3K | +4.4% |
| Casselberry-Altamonte Springs | $364.8K | $380K | +4.1% |
| Sanford | $357.1K | $367K | +2.8% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $170K | $159.9K | -5.9% |
| 22 Bedrooms | $259.9K | $259.9K | 0.0% |
| 33 Bedrooms | $425K | $450K | +5.9% |
| 44 Bedrooms | $612.5K | $596.2K | -2.7% |
| 55+ Bedrooms | $1.0M | $852K | -17.4% |
Summary: Lake Mary housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.9%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes decreased by -2.7%. The home price for 5 bedroom homes decreased by -17.4%.
Housing supply in Lake Mary, FL
How many homes are available in Lake Mary, FL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 229Last MonthFeb 2025 | ||
| 2112 months agoJan 2025 | +8.5 % Change MoMJan – Feb |
Summary: The Lake Mary real estate market had 229 homes for sale in Feb 2025, a 8.5 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthFeb 2025 | ||
| 252 months agoJan 2025 | +4.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 16 | 19 | +18.8% |
| 22 Bedrooms | 27 | 32 | +18.5% |
| 33 Bedrooms | 72 | 76 | +5.6% |
| 44 Bedrooms | 78 | 83 | +6.4% |
| 55+ Bedrooms | 18 | 19 | +5.6% |
Summary: Lake Mary housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +18.8%. The inventory for 2 bedroom homes increased by +18.5%. The inventory for 3 bedroom homes increased by +5.6%. The inventory for 4 bedroom homes increased by +6.4%. The inventory for 5 bedroom homes increased by +5.6%.
Asking Price vs. Sold Price
How much do homes in Lake Mary, FL cost?
Over Asking Price6 Homes
At Asking Price4 Homes
Under Asking Price16 Homes
Insight
If you're buying a home in Lake Mary, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Lake Mary in February 2025, up by 4.0% month-over-month. Of the 26 sold homes, 62% were sold under asking, 15% were sold at asking, and and 23% were sold over asking.
Days on Market for Lake Mary, FL
How long does it take to sell a home in Lake Mary, FL?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days6 Homes
Over 90 Days11 Homes
Insight
Most homes in Lake Mary are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 26 homes were sold in Lake Mary; 35% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 75 DaysThis YearFeb 2025 | ||
| 39 Days1 year agoFeb 2024 | +89.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Lake Mary had an average listing age of 75 days in Feb 2025, up by 89.7% compared to the previous year.
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Newest Listings in Lake Mary, FL
What homes are available in Lake Mary, FL?
New - 1 day on Rocket
$10,000 Closing Credit¹
#O6287921, Penney Lawrence, Listing Office: COLDWELL BANKER REALTY
New - 2 days on Rocket
$9,251 Closing Credit¹
#O6287951, Julian Jackson, Listing Office: SAND DOLLAR REALTY GROUP INC
New - 2 days on Rocket
$10,000 Closing Credit¹
#O6284751, Christopher Christensen, Listing Office: COMPASS FLORIDA, LLC
New - 2 days on Rocket3D tour
$10,000 Closing Credit¹
#O6276037, James Clark, Listing Office: CENTURY 21 ALTON CLARK
New - 3 days on Rocket
$9,607 Closing Credit¹
#TB8358016, Jawad Fayiz, Listing Office: CHARLES RUTENBERG REALTY INC
New - 3 days on Rocket
$10,000 Closing Credit¹
#O6286463, Michelle Algin PA, Listing Office: RE/MAX CENTRAL REALTY
New - 4 days on RocketVideo tour
$6,519 Closing Credit¹
#O6287298, John Katker, Listing Office: NEW STREET REALTY
New - 4 days on Rocket
$5,225 Closing Credit¹
#O6287142, Deanna Armel, Listing Office: ARMEL REAL ESTATE INC
New - 4 days on Rocket
$10,000 Closing Credit¹
#O6286121, Stacey Vazquez, Listing Office: KELLER WILLIAMS REALTY AT THE LAKES
New - 4 days on RocketVideo tour
$5,937 Closing Credit¹
#V4941290, Gayla Douglas, Listing Office: LPT REALTY, LLC
New - 5 days on Rocket
$4,737 Closing Credit¹
#O6286871, Robert Foutz, Listing Office: ASSIST 2 SELL FOUTZ REALTY
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MLS Disclaimers and Copyright
Based on information from Stellar MLS, Miami MLS, and Beaches MLS for the period 03/01/2023 - 03/01/2025
Listings courtesy of Stellar MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/9/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.