Real Estate Market Update for Lake Worth, FL
Welcome to September's Market Update. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 36% from one year earlier, and down 19% 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 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change ... reflecting virtually no change in the local inventory-turnover rate. The median sale price was 200-thousand dollars. The number of units sold increased 18% year-over-year, and increased 8% 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: 35,999
  • Median Age: 37.16 yr
  • Median Commute Time: 25 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 6,130/sq mi
  • Population Change Since 2000: 1.47%
  • Closest Airport: Palm Beach International
  • Closest College: Palm Beach Atlantic University
  • Closest Jr. College: Palm Beach Community College-lake Worth
  • Median Household Income: $38,305
  • Annual Residential Turnover: 22%
  • Median Home Sales Price: $115,000
  • Closest Major Sports Team: Jupiter Hammerheads (a)
  • Change Avg. Household Income Since 2000: 34.28%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lake Worth, FL
Median Age: 37.16 Married: 27% Number of Households: 13,468 Households with Children: 4,018
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 0.5 mi Public PRESCHOOL-5 1 0
      Diamond View Elementary School 0.9 mi Public K-5 1 0
      Tradewinds Middle School 0.9 mi Public 6-8 2 0
      Heritage Elementary School 0.9 mi Public K-5 2 0
      Potentia Academy 1.2 mi Private 6-12 0 0
      Montessori Academyof Early Enrichment, Inc 1.5 mi Public PRESCHOOL-8 2 0
      L C Swain Middle School 1.5 mi Public 6-8 1 3
      Coral Reef Elementary School 1.5 mi Public PRESCHOOL-5 4 0
      Suncoast Christian Academy 1.8 mi Private PRESCHOOL-5 0 0
      Renaissance Charter School At Central Palm 2.1 mi Public K-8 0 0
      Greenacres Elementary School 2.2 mi Public PRESCHOOL-5 2 0
      Greenacres Christian Academy 2.2 mi Private K-12 0 0
      Manatee Elementary School 2.2 mi Public PRESCHOOL-5 5 4
      Royal Palm School 2.4 mi Public PRESCHOOL-12 0 0
      Starlight Cove Elementary School 2.5 mi Public PRESCHOOL-5 1 0
      Jfk Medical Center Charter School 2.5 mi Public K-7 3 0
      John I. Leonard High School 2.5 mi Public 9-12 2 3
      Santaluces High Adult Education Center 2.5 mi Public UNGRADE-UNGRADE 0 0
      Santaluces Community High School 2.5 mi Public 9-12 3 0
      Trinity Christian Academy 2.6 mi Private PRESCHOOL-12 0 0
      Kentwood Preparatory School 2.8 mi Private 1-12 0 0
      Park Vista Community High School 2.9 mi Public 9-12 4 3
      Park Vista Community High School 2.9 mi Public 9-12 0 0
      Hidden Oaks Elementary School 2.9 mi Public K-5 3 0
      Global Learning Of Palm Springs Inc. 3.0 mi Private - 0 0
      Franklin Academy Charter School 3.1 mi Public K-8 3 0
      Palm Springs Elementary School 3.2 mi Public K-5 1 0
      Woodlands Middle School 3.3 mi Public 6-8 3 0
      Mavericks High School At Palm Springs 3.4 mi Public 9-12 0 3
      Clifford O Taylor/kirklane Elementary School 3.6 mi Public K-5 1 0
      Adult Virtual Academy 3.6 mi Public - 0 0
      Discovery Key Elementary School 3.7 mi Public K-5 4 0
      Saint Luke Catholic 3.8 mi Catholic PRESCHOOL-8 0 0
      Northern Private School 3.9 mi Private PRESCHOOL-2 0 0
      South Area Secondary Intensive Transition Program 4.3 mi Public 6-12 1 0
      Barton Elementary School 4.3 mi Public PRESCHOOL-5 0 0
      Precious Promise Learning Center & Christian Academy 4.5 mi Private PRESCHOOL-K 0 0
      Lake Worth High Adult Education Center 4.5 mi Public UNGRADE-UNGRADE 0 0
      Lake Worth High School 4.5 mi Public 9-12 1 3
      Our Savior Lutheran School 4.6 mi Private PRESCHOOL-5 0 0
      Lake Worth Community Middle School 4.6 mi Public 6-8 1 2
      Renaissance Charter School At Wellington 4.7 mi Public K-8 0 0
      Highland Elementary School 4.7 mi Public PRESCHOOL-5 1 0
      Lantana Middle Adult Education Center 4.7 mi Public - 0 0
      Lantana Middle School 4.7 mi Public 6-8 2 5
      Academy For Positive Learning 4.7 mi Public K-8 4 0
      Lantana Elementary School 4.9 mi Public PRESCHOOL-5 1 0
      Dibacco School 5.0 mi Private 8-12 0 0
      Unity For Kids 5.0 mi Private PRESCHOOL-12 0 0
      South Grade Elementary School 5.0 mi Public K-5 1 0
      Panther Run Elementary School 5.1 mi Public PRESCHOOL-5 5 0
      Palm Beach Maritime Academy High School 5.2 mi Public 9-12 0 0
      Sacred Heart School 5.4 mi Catholic PRESCHOOL-8 0 0
      North Grade Elementary School 5.4 mi Public K-5 2 0
      Ed Venture Charter School 5.4 mi Public 9-12 0 0
      Polo Park Middle School 6.3 mi Public 6-8 4 0
      International Prep School 1,402.3 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.