Lake Lorraine, FL housing market

The median sale price in Lake Lorraine, FL was $400K in May 2026, down 8.1% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $347K, firming from $300K across the three months before that. That puts prices 19.8% below the strongest three-month stretch on record here, which ended in Mar 2025 at $432K.

Buyers had 63 homes to choose from in May 2026, up 1.6% year over year (Redfin). At the current sales pace that standing inventory works out to 9.0 months of supply; convention treats four to six months as a balanced market, which puts Lake Lorraine, FL on the buyers' side of it. 14 homes came to market in May 2026, down 30.0% year over year, against 7 closings. Homes that sold in May 2026 took a median of 71 days to go under contract, 30 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 0.0% settled above asking, and the average sale landed at 98% of its final list price. 21% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Lake Lorraine, FL — median sale price, inventory (active), median days on market, months of supply, homes sold, new listings, and more — sourced from Redfin, running from Aug 2016 through May 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.