Real Estate Market Update for Lake Worth, FL
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 40% from one year earlier, and up 44% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 100-thousand dollars. The number of units sold decreased 36% year-over-year, and decreased 42% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Lake Worth, FL
Area Information for Lake Worth, FL
  • Population: 35,565
  • Median Age: 34.19 yr
  • Median Commute Time: 22.03 mins
  • Educational Climate*: 3
  • Sales Tax: 5.995%
  • Population Density: 6,057/sq mi
  • Population Change Since 2000: -.23%
  • Closest Airport: Palm Beach International
  • Closest College: Palm Beach Atlantic University
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $39,118
  • Annual Residential Turnover: 19.51%
  • Median Years in Residence: 2.44 yr
  • Median Home Sales Price: $70,000
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 29%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lake Worth, FL
Median Age: 34.19 Married: 17% Number of Households: 13,636 Households with Children: 3,887
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Lake Worth, FL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Indian Pines Elementary School 0.6 mi Public PRESCHOOL-5 1 4
      Diamond View Elementary School 0.7 mi Public K-5 2-5 4
      Tradewinds Middle School 0.8 mi Public 6-8 2-5 3
      Heritage Elementary School 0.8 mi Public PRESCHOOL-5 2 3
      L C Swain Middle School 1.5 mi Public 6-8 2 3
      Montessori Academyof Early Enrichment, Inc 1.5 mi Public PRESCHOOL-6 2 5
      Coral Reef Elementary School 1.7 mi Public PRESCHOOL-5 4-5 4
      Suncoast Christian Academy 1.8 mi Private PRESCHOOL-5 0 3
      Greenacres Christian Academy 2.1 mi Private K-12 0 4
      Greenacres Elementary School 2.1 mi Public PRESCHOOL-5 2 3
      Manatee Elementary School 2.3 mi Public PRESCHOOL-5 4-5 4
      Royal Palm School 2.3 mi Public PRESCHOOL-12 0 4
      Jfk Medical Center Charter School 2.3 mi Public K-5 3-5 4
      Starlight Cove Elementary School 2.3 mi Public PRESCHOOL-5 1 3
      John I. Leonard High School 2.4 mi Public 9-12 2 3
      Santaluces Community High School 2.4 mi Public 9-12 3 3
      Santaluces High Adult Education Center 2.4 mi Public 9-12 0 0
      Trinity Christian Academy 2.5 mi Private PRESCHOOL-12 0 4
      Hidden Oaks Elementary School 2.8 mi Public K-5 3 4
      Park Vista Community High School 2.9 mi Public 9-12 4 3
      Palm Springs Elementary School 3.1 mi Public K-5 1 3
      Mavericks High School At Palm Springs 3.3 mi Public - 0 0
      Woodlands Middle School 3.4 mi Public 6-8 3-5 3
      Clifford O Taylor/kirklane Elementary School 3.5 mi Public K-5 1 4
      St Luke School 3.7 mi Catholic PRESCHOOL-8 0 0
      Northern Private School 3.8 mi Private PRESCHOOL-2 0 4
      Discovery Key Elementary School 3.9 mi Public K-5 4 4
      Barton Elementary School 4.1 mi Public PRESCHOOL-5 2 3
      South Area Secondary Intensive Transition Program 4.1 mi Public 6-12 0 0
      Precious Promise Learning Center & Christian Academy 4.3 mi Private PRESCHOOL-K 0 5
      Lake Worth High Adult Education Center 4.4 mi Public UNGRADE-UNGRADE 0 0
      Lake Worth High School 4.4 mi Public 9-12 1 3
      Our Savior Lutheran School 4.5 mi Private PRESCHOOL-5 0 4
      Noahs Ark International Charter School 4.5 mi Public K-5 0 4
      Lake Worth Community Middle School 4.5 mi Public 6-8 2 3
      Highland Elementary School 4.5 mi Public PRESCHOOL-5 1 4
      Academy For Positive Learning 4.6 mi Public K-8 3-5 4
      Lantana Middle School 4.6 mi Public 6-8 3 4
      Lantana Middle Adult Education Center 4.6 mi Public - 0 0
      Lantana Elementary School 4.8 mi Public PRESCHOOL-5 1 3
      Dibacco School 4.8 mi Private 9-12 0 4
      South Grade Elementary School 4.9 mi Public K-5 1 3
      Sacred Heart School 5.2 mi Catholic PRESCHOOL-8 0 0
      North Grade Elementary School 5.2 mi Public K-5 3 4
      Ed Venture Charter School 5.2 mi Public 9-12 0 0
      Panther Run Elementary School 5.2 mi Public PRESCHOOL-5 4-5 4
      Polo Park Middle School 6.5 mi Public 6-8 4-5 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Lake Worth, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.