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.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom4.20%
Two Bedrooms17.50%
Three Bedrooms33.20%
Four Bedrooms39.90%
Five Bedrooms or more4.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1990
Median Value of occupied units$180,000
Median Price asked for vacant units$250,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1988
Median Monthly Rent asked for vacant units$873

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10.90%
Home Equity Loan10.90%
Simple Mortgage61.70%
Debt Free16.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%