Three Lakes, FL housing market

The median sale price in Three Lakes, FL was $540K in May 2026, up 0.9% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $537K, holding steady against $539K across the three months before that. That puts prices 8.7% below the strongest three-month stretch on record here, which ended in Jan 2025 at $588K.

Buyers had 44 homes to choose from in May 2026, down 32.3% year over year (Redfin). At the current sales pace that standing inventory works out to 2.9 months of supply; convention treats four to six months as a balanced market, which puts Three Lakes, FL on the sellers' side of that line. 10 homes came to market in May 2026, down 47.4% year over year, against 15 closings, up 25.0% year over year. Homes that sold in May 2026 took a median of 151 days to go under contract, 93 days slower than this market's usual May pace.

Competition is measurable in the closings themselves: 7% settled above asking, and the average sale landed at 97% of its final list price. 18% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Three Lakes, 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.