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 575 homes for sale in Lake County, FL priced between $360,000 and $440,000 right now. At $400K, the typical home is 1,976 sq ft, built 2016, at $203/sq ft; 25% of them are new construction and the median has been on the market 50 days. The most house for the money is in Fruitland Park (2,459 sq ft median); the least in The Villages (1,564 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 | 154 | 1,827 | 3 / 2 | 2008 | $224 | 12% | 39 |
| Leesburg | 77 | 2,191 | 3 / 2 | 2006 | $175 | 29% | 50 |
| Groveland | 55 | 1,936 | 4 / 2 | 2020 | $203 | 25% | 43 |
| Mount Dora | 52 | 1,798 | 3 / 2 | 2012 | $224 | 17% | 65 |
| Tavares | 38 | 2,200 | 4 / 2.5 | 2024 | $169 | 47% | 51 |
| Eustis | 32 | 2,077 | 3 / 2 | 2002 | $192 | 31% | 29 |
| Lady Lake | 31 | 1,998 | 3 / 2 | 2024 | $207 | 48% | 116 |
| Sorrento | 20 | 2,045 | 4 / 2 | 2019 | $186 | 25% | 61 |
| Minneola | 18 | 1,781 | 3 / 2 | 2009 | $227 | 6% | 17 |
| Grand Island | 15 | 2,277 | 4 / 2 | 2017 | $165 | 47% | 72 |
| Howey In The Hills | 15 | 2,028 | 4 / 2.5 | 2026 | $187 | 80% | 122 |
| Mascotte | 13 | 2,209 | 4 / 2.5 | 2024 | $180 | 31% | 32 |
| Fruitland Park | 11 | 2,459 | 4 / 2.5 | 1990 | $163 | 0% | 70 |
| The Villages | 9 | 1,564 | 3 / 2 | 2016 | $255 | 0% | 65 |
| Astatula | 9 | 2,059 | 4 / 2.5 | 2026 | $185 | 89% | 1 |
| Umatilla | 7 | 2,109 | 4 / 2 | 2018 | $192 | 29% | 42 |
| Montverde | 6 | 1,568 | 3 / 2.75 | 2019 | $266 | 0% | 198 |
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 | 83 | 1,822 | 2020 | $227 | 20% |
| 34711 Clermont | 63 | 1,853 | 2002 | $220 | 3% |
| 34748 Leesburg | 57 | 2,117 | 2006 | $181 | 23% |
| 34736 Groveland | 55 | 1,936 | 2020 | $203 | 25% |
| 32757 Mount Dora | 52 | 1,798 | 2012 | $224 | 17% |
| 32778 Tavares | 38 | 2,200 | 2024 | $169 | 47% |
| 32159 Lady Lake | 31 | 1,998 | 2024 | $207 | 48% |
| 34715 Minneola | 26 | 1,761 | 2015 | $230 | 4% |
| 32726 Eustis | 20 | 2,025 | 1995 | $194 | 35% |
| 34788 Leesburg | 20 | 2,343 | 2023 | $167 | 45% |
| 32776 Sorrento | 20 | 2,045 | 2019 | $186 | 25% |
| 32735 Grand Island | 15 | 2,277 | 2017 | $165 | 47% |
Communities with the most homes near $400K
| Community | City | Homes for sale near $400K | Median sq ft | Median year built |
|---|---|---|---|---|
| sorrento pines | Sorrento | 8 | 2,322 | 2026 |
| Tula Parc | ASTATULA | 8 | 2,059 | 2026 |
| Kings Ridge | CLERMONT | 8 | 1,978 | 1999 |
| Seaport Village | TAVARES | 8 | 2,531 | 2026 |
| Boulevard Oaks Of Lady Lake | LADY LAKE | 8 | 1,998 | 2025 |
| Groves At Grand Island | GRAND ISLAND | 7 | 2,277 | 2026 |
| Sullivan Ranch | MOUNT DORA | 7 | 2,164 | 2013 |
| Cagan Crossings West | CLERMONT | 6 | 1,525 | 2026 |
| The Villages Lady Lake | THE VILLAGES | 6 | 1,498 | 2000 |
| Pine Meadows Reserve | EUSTIS | 6 | 2,063 | 2026 |
| Rainwood | GROVELAND | 6 | 1,920 | 2026 |
| Arlington Ridge | LEESBURG | 5 | 1,719 | 2017 |
| Sawgrass Bay | CLERMONT | 5 | 2,001 | 2014 |
| Royal Highlands | LEESBURG | 5 | 2,221 | 1999 |
| Morningside Reserve | Leesburg | 5 | 2,160 | 2027 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $400K ($360,000–$440,000) as of October 5, 2026; property mix at this price: Single-family 91%, 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.