Land O' Lakes, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Land O' Lakes, FL Housing Market Trends

With 33,381 people, 13,526 houses or apartments, and a median cost of homes of $304,736, Land O' Lakes real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Land O' Lakes, accounting for 79.06% of the town's housing units. Other types of housing that are prevalent in Land O' Lakes include large apartment complexes or high rise apartments ( 10.17%), row houses and other attached homes ( 5.21%), and a few mobile homes or trailers ( 4.45%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Land O' Lakes. Owner-occupied housing accounts for 80.75% of Land O' Lakes's homes, and 73.20% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Land O' Lakes built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Land O' Lakes built between 2000 and later ( 43.03%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.31%).

Land O' Lakes Home Appreciation Rates

In the last 10 years, Land O' Lakes has experienced some of the highest home appreciation rates of any community in the nation. Land O' Lakes real estate appreciated 83.95% over the last ten years, which is an average annual home appreciation rate of 6.28%, putting Land O' Lakes in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Land O' Lakes definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Land O' Lakes that despite a nationwide downturn in the housing market, Land O' Lakes real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Land O' Lakes appreciation rates continue to be some of the highest in America, at 8.13%, which is higher than appreciation rates in 96.17% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Land O' Lakes. Land O' Lakes appreciation rates in the latest quarter were at 2.51%, which equates to an annual appreciation rate of 10.42%.

Relative to Florida, our data show that Land O' Lakes's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Land O' Lakes differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Land O' Lakes - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Land O' Lakes real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$304,736

Land O' Lakes, FL HOME PRICES

> $1,277,000
0.3%
0.3%
$957,001 - $1,277,000
0.7%
0.7%
$638,001 - $957,000
2.6%
2.6%
$511,001 - $638,000
5.5%
5.5%
$383,001 - $511,000
19.3%
19.3%
$255,001 - $383,000
37.5%
37.5%
$128,001 - $255,000
26.7%
26.7%
$64,001 - $128,000
4.4%
4.4%
$0 - $64,000
3.1%
3.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for FL

Value Relative To Nation

Number Of Homes And Apartments:
13,526

Land O' Lakes Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
116.93% 3.76%
4
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,085 / per month

Homeownership Rate

Owners
80.7%
80.7%
Renters
19.3%
19.3%
Vacant
6.0%
6.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
43.0%
43.0%
1970 - 1999
52.6%
52.6%
1940 - 1969
4.3%
4.3%
1939 or Older
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
79.1%
79.1%
Townhomes
5.2%
5.2%
Small Apt. Buildings
0.8%
0.8%
Apt. Complexes
10.2%
10.2%
Mobile Homes
4.4%
4.4%
Other
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
4.9%
4.9%
2 Bedrooms
15.0%
15.0%
3 Bedrooms
45.4%
45.4%
4 Bedrooms
27.8%
27.8%
5 or more bedrooms
6.0%
6.0%
0.0% 100.0%
% OF HOMES