What $400K Buys in Lake County, FL
A $400K budget buys a very different house depending on which Lake County city you point it at. This page compares every city with at least five active listings within 10% of $400K — size, age, bed and bath count, price per square foot, how much of the inventory is new construction and how long it has been sitting — from today’s live MLS actives, and lists the communities with the most homes at that price. It refreshes every night.
There are 569 homes for sale in Lake County, FL priced between $360,000 and $440,000 right now. At $400K, the typical home is 1,949 sq ft, built 2017, at $204/sq ft; 26% of them are new construction and the median has been on the market 47 days. The most house for the money is in Fruitland Park (2,586 sq ft median); the least in Montverde (1,402 sq ft); the newest in Howey In The Hills (median build year 2026).
What $400K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Clermont | 136 | 1,787 | 3 / 2 | 2008 | $227 | 13% | 37 |
| Leesburg | 80 | 2,184 | 3 / 2 | 2009 | $176 | 29% | 48 |
| Groveland | 59 | 1,936 | 4 / 2 | 2021 | $205 | 29% | 47 |
| Mount Dora | 54 | 1,817 | 3 / 2 | 2011 | $222 | 15% | 56 |
| Tavares | 43 | 2,190 | 4 / 2.5 | 2020 | $170 | 42% | 66 |
| Lady Lake | 32 | 1,998 | 3 / 2 | 2024 | $207 | 50% | 103 |
| Eustis | 32 | 2,050 | 4 / 2 | 2002 | $189 | 28% | 30 |
| Sorrento | 21 | 1,891 | 4 / 2 | 2021 | $197 | 24% | 33 |
| Grand Island | 16 | 2,277 | 4 / 2 | 2021 | $163 | 50% | 60 |
| Howey In The Hills | 15 | 2,028 | 4 / 2.5 | 2026 | $187 | 80% | 107 |
| Minneola | 14 | 1,797 | 3 / 2 | 2015 | $229 | 21% | 13 |
| Mascotte | 12 | 2,151 | 4 / 2.25 | 2024 | $183 | 42% | 42 |
| Fruitland Park | 10 | 2,586 | 4 / 2.25 | 1996 | $155 | 0% | 39 |
| The Villages | 9 | 1,559 | 3 / 2 | 2016 | $252 | 0% | 43 |
| Umatilla | 8 | 1,889 | 4 / 2 | 2012 | $211 | 25% | 27 |
| Astatula | 7 | 2,421 | 4 / 2.5 | 2026 | $167 | 71% | 126 |
| Montverde | 7 | 1,402 | 3 / 2.5 | 2019 | $261 | 0% | 182 |
By ZIP code: where $400K goes furthest
The same budget by ZIP — useful where one city covers most of the county.
| ZIP | Homes for sale | Median sq ft | Median year built | $ / sq ft | New construction |
|---|---|---|---|---|---|
| 34714 Clermont | 75 | 1,822 | 2020 | $224 | 24% |
| 34748 Leesburg | 60 | 2,177 | 2007 | $181 | 25% |
| 34736 Groveland | 59 | 1,936 | 2021 | $205 | 29% |
| 34711 Clermont | 55 | 1,747 | 2002 | $224 | 0% |
| 32757 Mount Dora | 54 | 1,817 | 2011 | $222 | 15% |
| 32778 Tavares | 43 | 2,190 | 2020 | $170 | 42% |
| 32159 Lady Lake | 32 | 1,998 | 2024 | $207 | 50% |
| 32726 Eustis | 23 | 2,037 | 1994 | $194 | 30% |
| 32776 Sorrento | 21 | 1,891 | 2021 | $197 | 24% |
| 34788 Leesburg | 20 | 2,184 | 2020 | $175 | 40% |
| 34715 Minneola | 20 | 1,733 | 2019 | $233 | 15% |
| 32735 Grand Island | 16 | 2,277 | 2021 | $163 | 50% |
Communities with the most homes near $400K
| Community | City | Homes for sale near $400K | Median sq ft | Median year built |
|---|---|---|---|---|
| Kings Ridge | CLERMONT | 11 | 1,989 | 2000 |
| sorrento pines | Sorrento | 10 | 2,210 | 2026 |
| The Villages Lady Lake | THE VILLAGES | 8 | 1,552 | 2000 |
| Groves At Grand Island | GRAND ISLAND | 8 | 2,277 | 2026 |
| Boulevard Oaks Of Lady Lake | LADY LAKE | 8 | 1,998 | 2025 |
| Arlington Ridge | LEESBURG | 6 | 1,716 | 2016 |
| Cagan Crossings West | CLERMONT | 6 | 1,525 | 2026 |
| Pine Meadows Reserve | EUSTIS | 6 | 2,118 | 2026 |
| Sullivan Ranch | MOUNT DORA | 6 | 2,164 | 2012 |
| Rainwood | GROVELAND | 6 | 1,951 | 2026 |
| Seasons At Waterstone | TAVARES | 5 | 2,070 | 2026 |
| Sawgrass Bay | CLERMONT | 5 | 2,160 | 2013 |
| Seaport Village | TAVARES | 5 | 2,679 | 2026 |
| Royal Highlands | LEESBURG | 5 | 2,221 | 1999 |
| Villa Pass | MASCOTTE | 5 | 2,064 | 2026 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $400K ($360,000–$440,000) as of September 15, 2026; property mix at this price: Single-family 92%, Townhouse 4%, Condo 1%. Cities with fewer than five listings in the band are folded out of the city table but still count in the county total. Prices are asking prices, not closings — see the county page for sale-to-list ratios. Source: live MLS feeds compiled by Momentum Research. Other budgets in Lake County: $300K, $500K, $750K, $1M. Back to homes for sale in Lake County, FL.