Real Estate Market Update for Lake Worth, FL
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 34% from one year earlier, and down 22% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 240-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold increased more than 150% year-over-year, and increased 45% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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: 35,264
  • Median Age: 36.78 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 6,005/sq mi
  • Population Change Since 2000: -.57%
  • Closest Airport: Palm Beach International
  • Closest College: Palm Beach Atlantic University
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $39,016
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $99,000
  • Closest Major Sports Team: Jupiter Hammerheads (a)
  • Change Avg. Household Income Since 2000: 33.3%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lake Worth, FL
Median Age: 36.78 Married: 28% Number of Households: 13,187 Households with Children: 3,618
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 School Rating Parent Rating
      Indian Pines Elementary School 0.6 mi Public PRESCHOOL-5 1 0
      Diamond View Elementary School 0.7 mi Public K-5 2 0
      Tradewinds Middle School 0.8 mi Public 6-8 2 0
      Heritage Elementary School 0.8 mi Public K-5 1 0
      Potentia Academy 1.1 mi Private 6-12 0 0
      L C Swain Middle School 1.5 mi Public 6-8 1 3
      Montessori Academyof Early Enrichment, Inc 1.5 mi Public PRESCHOOL-7 2 0
      Coral Reef Elementary School 1.7 mi Public PRESCHOOL-5 4 0
      Suncoast Christian Academy 1.8 mi Private PRESCHOOL-5 0 0
      Greenacres Elementary School 2.1 mi Public PRESCHOOL-5 2 0
      Greenacres Christian Academy 2.1 mi Private K-12 0 0
      Manatee Elementary School 2.3 mi Public PRESCHOOL-5 5 4
      Royal Palm School 2.3 mi Public PRESCHOOL-12 0 0
      Jfk Medical Center Charter School 2.3 mi Public K-7 3 0
      Starlight Cove Elementary School 2.3 mi Public PRESCHOOL-5 0 0
      John I. Leonard High School 2.4 mi Public 9-12 2 3
      Santaluces Community High School 2.4 mi Public 9-12 3 0
      Santaluces High Adult Education Center 2.4 mi Public UNGRADE-UNGRADE 0 0
      Trinity Christian Academy 2.5 mi Private PRESCHOOL-12 0 0
      Kentwood Preparatory School 2.7 mi Private 1-12 0 0
      Hidden Oaks Elementary School 2.8 mi Public K-5 3 0
      Park Vista High Adult Education 2.9 mi Public - 0 0
      Park Vista Community High School 2.9 mi Public 9-12 4 3
      Franklin Academy Boynton Beach (k-8) 3.0 mi Public K-8 0 0
      Palm Springs Elementary School 3.1 mi Public K-5 1 0
      Mavericks High School At Palm Springs 3.3 mi Public 9-12 0 3
      Woodlands Middle School 3.4 mi Public 6-8 3 0
      Clifford O Taylor/kirklane Elementary School 3.5 mi Public PRESCHOOL-5 1 0
      St Luke School 3.7 mi Catholic PRESCHOOL-8 0 0
      Northern Private School 3.8 mi Private PRESCHOOL-2 0 0
      Discovery Key Elementary School 3.8 mi Public K-5 4 0
      South Area Secondary Intensive Transition Program 4.1 mi Public 6-12 0 0
      Barton Elementary School 4.2 mi Public PRESCHOOL-5 1 0
      Precious Promise Learning Center & Christian Academy 4.3 mi Private PRESCHOOL-K 0 0
      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 4.4 mi Private PRESCHOOL-5 0 0
      Noahs Ark International Charter School 4.5 mi Public K-5 0 0
      Lake Worth Community Middle School 4.5 mi Public 6-8 1 2
      Lantana Middle School 4.5 mi Public 6-8 2 5
      Lantana Middle Adult Education Center 4.5 mi Public - 0 0
      Highland Elementary School 4.5 mi Public PRESCHOOL-5 0 0
      Academy For Positive Learning 4.6 mi Public K-8 4 0
      Lantana Elementary School 4.7 mi Public PRESCHOOL-5 1 0
      Dibacco School 4.8 mi Private 8-12 0 0
      Unity For Kids 4.9 mi Private K-12 0 0
      South Grade Elementary School 4.9 mi Public K-5 0 0
      Sacred Heart School 5.2 mi Catholic PRESCHOOL-8 0 0
      North Grade Elementary School 5.2 mi Public K-5 3 0
      Ed Venture Charter School 5.2 mi Public 9-12 0 0
      Panther Run Elementary School 5.2 mi Public PRESCHOOL-5 4 0
      Polo Park Middle School 6.5 mi Public 6-8 4 0
      International Prep School 1,402.4 mi Private UNGRADE-UNGRADE 0 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Lake Worth, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.