Living in Lake Mary, Florida: The 2026 Data Guide
As of 2026-09-09, the median home sold in Lake Mary, Florida over the last 12 months went for $420,000 (297 closings across 83 communities in Momentum’s MLS record), about $232 per square foot for a median 1,956-sq-ft home built around 1994. Homes currently listed have been on the market a median of 37 days, and with 99 active listings against that sales pace the city is carrying roughly 4.0 months of supply. Sellers have been getting about 95% of their original asking price. That median is 4% above the median across Momentum’s Florida and Georgia coverage.
What your budget buys in Lake Mary
Three price points from 272 recent Lake Mary closings in our record, each showing what actually closed within 10% of that price:
- Around $365,000: the typical sale in this band was a 3-bed, 2-bath home of about 1,698 sq ft, built around 1992 (48 sales).
- Around $420,000: the typical sale in this band was a 3-bed, 2.5-bath home of about 1,850 sq ft, built around 1990 (60 sales).
- Around $695,000: the typical sale in this band was a 4-bed, 3-bath home of about 2,672 sq ft, built around 1998 (28 sales).
The real monthly cost of owning in Lake Mary
Take the median $420,000 home with 20% down at today’s 6.71% 30-year rate: principal and interest run about $2,170/month. Seminole County’s typical total millage is 15.18 mills, so after the $50,000 homestead exemption the property tax is roughly $5,617/year ($468/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Seminole County is about $1,572/year; private-market quotes vary with roof age and wind mitigation. 84% of current Lake Mary listings carry an HOA, with a median of $230/month where one applies. All in, budget on the order of $2,999/month to own the median Lake Mary home including a typical HOA.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Seminole County property tax guide and our home insurance by county map.
Where people are buying: Lake Mary’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| Fountain Parke At Lake Mary | 30 | $417,250 | 37 |
| Heathrow | 29 | $800,000 | 18 |
| Regency Park At Lake Mary A Condo | 23 | $128,000 | 63 |
| Lakewood At The Crossings | 20 | $415,000 | 37 |
| Magnolia Plantation | 16 | $1,002,000 | 27 |
| The Forest | 13 | $215,000 | 56 |
| Grande Oaks at Heathrow | 12 | $450,000 | 105 |
| Lakeside | 11 | $549,000 | 21 |
Lake Mary by ZIP code
Sales and medians by ZIP over the same 12 months: 32746 (266 sales, median $454,500).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 74% were single-family homes, 17% townhomes or villas, and 6% condos. The housing stock skews mixed: 12% of homes sold were built in 2015 or later and 9% before 1980.
Getting around from Lake Mary
Measured from the center of Lake Mary’s recent sales: Downtown Orlando is about 16 miles; Orlando International Airport (MCO) is about 23 miles; Daytona Beach is about 37 miles; Ocala is about 56 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Seminole County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Seminole County’s typical millage of 15.18; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Seminole County average of $1,572/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Lake Mary: the case for and against
What works in Lake Mary’s favor
- homes move quickly (median 37 days listed), so well-priced homes get competition
- insurance is comparatively manageable here (Citizens average $1,572/year)
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- only about 4.0 months of supply, so choice is limited in the most popular price bands
- 84% of listings carry an HOA (median $230/month)
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Lake Mary relocation toolkit
- Homes for sale in Lake Mary right now
- Cost of living in Lake Mary
- Best neighborhoods in Lake Mary
- Find an agent in Lake Mary
- Search every Lake Mary community
Common questions about moving to Lake Mary
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What are property taxes like in Lake Mary?
Is Lake Mary a buyer's or seller's market right now?
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Does Florida have a state income tax?
Sales figures are Momentum Realty’s MLS record of closings in Lake Mary communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Seminole County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.