Lake Mary, FL Real Estate
According to census data in the year 2000 there were 4,284 housing units in Lake Mary.
This represents a 86.6% growth from 2,296 in 1990.
Of those housing units, 4,284 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Mary is about 83.1%.
Lake Mary's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Lake Mary were built after 1990.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 4.20% |
| Two Bedrooms | 17.50% |
| Three Bedrooms | 33.20% |
| Four Bedrooms | 39.90% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1990 |
| Median Value of occupied units | $180,000 |
| Median Price asked for vacant units | $250,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $873 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.90% |
| Home Equity Loan | 10.90% |
| Simple Mortgage | 61.70% |
| Debt Free | 16.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
