Market Overview
Home Prices in Lakewood Ranch, FL
The median home value in Lakewood Ranch, FL is $587,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.6% compared to a year ago and down 7.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lakewood Ranch are priced43% above average. Lakewood Ranch is part of the North Port-Sarasota-Bradenton, FL metro area.
Over the past five years, Lakewood Ranch home values have risen by approximately22.8%, reflecting strong long-term appreciation in this market.
Price History
Lakewood Ranch Home Price Trend
City Comparison
Lakewood Ranch vs. National Median
At $587,150, homes in Lakewood Ranch cost 43% above the national median of $410,000. Buyers in Lakewood Ranch should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lakewood Ranch?
20% Down Payment
$117,430
on $587,150
Monthly P&I
$3,062/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,889/mo
incl. taxes & insurance
Income Needed
$155,560
gross annual (30% rule)
10% Down Option
$58,715
+ PMI applies
Loan Amount (20% dn)
$469,720
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lakewood Ranch, FL?
The median home value in Lakewood Ranch is $587,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.6% year-over-year.
How much have home prices changed in Lakewood Ranch?
Over the past year, home values in Lakewood Ranch have decreased by 5.6%. Over five years, prices have risen approximately 22.8%.
How much do I need to earn to buy a home in Lakewood Ranch?
To comfortably afford the median home price of $587,150 with a 20% down payment ($117,430) at today's rates (6.8%), you'd need a gross annual income of approximately $155,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Lakewood Ranch compare to the national average home price?
The national median home value is approximately $410,000. At $587,150, homes in Lakewood Ranch are 43% above the national average.
What metro area is Lakewood Ranch part of?
Lakewood Ranch is part of the North Port-Sarasota-Bradenton, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.