What $500K Buys in Lake County, FL
A $500K 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 $500K — 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 394 homes for sale in Lake County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 2,236 sq ft, built 2019, at $222/sq ft; 25% of them are new construction and the median has been on the market 74 days. The most house for the money is in Howey In The Hills (2,658 sq ft median); the least in The Villages (1,969 sq ft); the newest in Sorrento (median build year 2026).
What $500K buys, city by city
| City | Homes for sale | Median sq ft | Beds / baths | Median year built | $ / sq ft | New construction | Median DOM |
|---|---|---|---|---|---|---|---|
| Clermont | 129 | 2,252 | 4 / 2.5 | 2016 | $221 | 20% | 64 |
| Mount Dora | 51 | 2,132 | 3 / 2.5 | 2023 | $229 | 41% | 92 |
| Minneola | 38 | 2,101 | 4 / 2.5 | 2023 | $230 | 26% | 64 |
| Groveland | 33 | 2,536 | 4 / 3 | 2023 | $195 | 39% | 64 |
| Leesburg | 25 | 2,465 | 3 / 2.75 | 2004 | $199 | 8% | 62 |
| Eustis | 23 | 2,304 | 4 / 2.75 | 2019 | $220 | 39% | 50 |
| Tavares | 23 | 2,142 | 3 / 2.5 | 2001 | $229 | 13% | 86 |
| Lady Lake | 20 | 2,303 | 3 / 2.5 | 2008 | $223 | 20% | 102 |
| The Villages | 11 | 1,969 | 3 / 2 | 2017 | $246 | 0% | 40 |
| Sorrento | 9 | 2,477 | 4 / 3 | 2026 | $206 | 78% | 103 |
| Fruitland Park | 6 | 2,036 | 3 / 2.25 | 1982 | $243 | 0% | 142 |
| Howey In The Hills | 6 | 2,658 | 4 / 3 | 2013 | $193 | 0% | 107 |
By ZIP code: where $500K 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 |
|---|---|---|---|---|---|
| 34711 Clermont | 66 | 2,313 | 2007 | $218 | 6% |
| 34714 Clermont | 54 | 2,261 | 2023 | $220 | 39% |
| 32757 Mount Dora | 51 | 2,132 | 2023 | $229 | 41% |
| 34715 Minneola | 47 | 2,096 | 2023 | $233 | 23% |
| 34736 Groveland | 33 | 2,536 | 2023 | $195 | 39% |
| 32778 Tavares | 25 | 2,146 | 2003 | $229 | 12% |
| 32159 Lady Lake | 22 | 2,303 | 2002 | $223 | 18% |
| 34748 Leesburg | 16 | 2,502 | 2006 | $191 | 6% |
| 32736 Eustis | 14 | 2,220 | 2022 | $226 | 43% |
| 32776 Sorrento | 10 | 2,305 | 2026 | $212 | 70% |
| 34788 Leesburg | 9 | 2,414 | 1990 | $203 | 11% |
| 32726 Eustis | 9 | 2,584 | 1977 | $188 | 33% |
Communities with the most homes near $500K
| Community | City | Homes for sale near $500K | Median sq ft | Median year built |
|---|---|---|---|---|
| Villages Minneola Hills Clermont | MINNEOLA | 9 | 2,005 | 2023 |
| Royal Trails | EUSTIS | 8 | 2,166 | 2026 |
| Trinity Lakes | GROVELAND | 7 | 2,911 | 2026 |
| Harbor Hills | LADY LAKE | 7 | 2,531 | 2001 |
| Arlington Ridge | LEESBURG | 5 | 2,333 | 2017 |
| Trailside | MOUNT DORA | 5 | 2,226 | 2026 |
| The Villages Lady Lake | THE VILLAGES | 5 | 2,013 | 2017 |
| Lakehaven Estates | CLERMONT | 5 | 1,896 | 2026 |
| Reserve At Minneola | MINNEOLA | 5 | 2,092 | 2017 |
| Seasons At Wekiva Ridge | MOUNT DORA | 4 | 2,670 | 2026 |
| Waterbrooke | CLERMONT | 4 | 2,015 | 2022 |
| Rainwood | GROVELAND | 4 | 2,457 | 2026 |
| deer island club | Tavares | 3 | 2,156 | 2006 |
| Hartwood Landing | CLERMONT | 3 | 2,236 | 2023 |
| Sugarloaf 55S | MINNEOLA | 3 | 2,366 | 2026 |
How to read this
Counts and medians are computed from active MLS listings priced within 10% of $500K ($450,000–$550,000) as of October 24, 2026; property mix at this price: Single-family 94%, Condo 2%, Townhouse 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, $400K, $750K, $1M. Back to homes for sale in Lake County, FL.