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Lake Magdalene, FL housing market

CDP · lake-magdalene-fl

The median sale price in Lake Magdalene, FL was $440K in May 2026, up 1.1% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $417K, easing from $469K across the three months before that. That puts prices 11.0% below the strongest three-month stretch on record here, which ended in Feb 2026 at $469K.

Buyers had 79 homes to choose from in May 2026, down 13.2% year over year (Redfin). At the current sales pace that standing inventory works out to 1.9 months of supply; convention treats four to six months as a balanced market, which puts Lake Magdalene, FL on the sellers' side of that line. 40 homes came to market in May 2026, down 14.9% year over year, against 41 closings, up 5.1% year over year. Homes that sold in May 2026 took a median of 24 days to go under contract, 14 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 17% settled above asking, and the average sale landed at 98% of its final list price. 43% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Lake Magdalene, 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.

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Sources for Lake Magdalene, FL: Redfin. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.