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 361 homes for sale in Lake County, FL priced between $450,000 and $550,000 right now. At $500K, the typical home is 2,258 sq ft, built 2017, at $221/sq ft; 23% of them are new construction and the median has been on the market 52 days. The most house for the money is in Sorrento (2,719 sq ft median); the least in Umatilla (1,343 sq ft); the newest in Minneola (median build year 2024).
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 | 115 | 2,269 | 4 / 2.75 | 2014 | $217 | 17% | 48 |
| Mount Dora | 42 | 2,111 | 3 / 2 | 2021 | $231 | 43% | 101 |
| Minneola | 40 | 2,103 | 4 / 2.5 | 2024 | $231 | 35% | 25 |
| Groveland | 30 | 2,503 | 4 / 3 | 2023 | $191 | 40% | 50 |
| Leesburg | 27 | 2,575 | 3 / 2.5 | 2006 | $186 | 7% | 93 |
| Eustis | 21 | 2,345 | 4 / 3 | 2007 | $220 | 33% | 25 |
| Lady Lake | 18 | 2,307 | 3 / 2.75 | 2008 | $223 | 22% | 70 |
| Tavares | 17 | 2,109 | 3 / 2.5 | 1999 | $239 | 12% | 75 |
| The Villages | 10 | 1,956 | 3 / 2 | 2020 | $252 | 0% | 75 |
| Sorrento | 9 | 2,719 | 4 / 3 | 2005 | $191 | 33% | 66 |
| Fruitland Park | 9 | 2,085 | 3 / 2.5 | 2002 | $232 | 0% | 59 |
| Umatilla | 7 | 1,343 | 3 / 2 | 1998 | $345 | 29% | 64 |
| Howey In The Hills | 6 | 2,627 | 4 / 3 | 2013 | $193 | 17% | 34 |
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 | 59 | 2,401 | 2007 | $209 | 3% |
| 34715 Minneola | 49 | 2,098 | 2023 | $231 | 31% |
| 34714 Clermont | 47 | 2,208 | 2023 | $218 | 34% |
| 32757 Mount Dora | 42 | 2,111 | 2021 | $231 | 43% |
| 34736 Groveland | 30 | 2,503 | 2023 | $191 | 40% |
| 34748 Leesburg | 22 | 2,583 | 2007 | $184 | 5% |
| 32159 Lady Lake | 20 | 2,246 | 2002 | $224 | 20% |
| 32778 Tavares | 17 | 2,109 | 1999 | $239 | 12% |
| 32736 Eustis | 11 | 2,197 | 2016 | $234 | 36% |
| 32726 Eustis | 10 | 2,417 | 1979 | $203 | 30% |
| 32776 Sorrento | 10 | 2,518 | 2005 | $207 | 30% |
| 34731 Fruitland Park | 9 | 2,085 | 2002 | $232 | 0% |
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 | 8 | 2,077 | 2023 |
| Trinity Lakes | GROVELAND | 7 | 2,560 | 2025 |
| Royal Trails | EUSTIS | 7 | 2,136 | 2026 |
| Harbor Hills | LADY LAKE | 7 | 2,531 | 2001 |
| Reserve At Minneola | MINNEOLA | 6 | 2,479 | 2015 |
| Sugarloaf 55S | MINNEOLA | 5 | 2,366 | 2026 |
| Arlington Ridge | LEESBURG | 4 | 2,428 | 2018 |
| Trailside | MOUNT DORA | 4 | 2,130 | 2026 |
| Seasons At Wekiva Ridge | MOUNT DORA | 4 | 2,670 | 2026 |
| Lochside | MOUNT DORA | 4 | 2,167 | 2026 |
| Cagan Crossing | CLERMONT | 3 | 2,343 | 2022 |
| Hidden Forest At Silver Creek | Clermont | 3 | 1,852 | 2021 |
| The Villages Lady Lake | THE VILLAGES | 3 | 1,959 | 2023 |
| Highland Ranch Esplanade | CLERMONT | 3 | 1,788 | 2017 |
| Lakehaven Estates | CLERMONT | 3 | 1,896 | 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 September 15, 2026; property mix at this price: Single-family 94%, Townhouse 1%, 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, $400K, $750K, $1M. Back to homes for sale in Lake County, FL.