Real Estate Market Update for Eagle Lake, FL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 91% from one year earlier, and up 5% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 150-thousand dollars. The number of units sold increased more than 200% year-over-year, and increased 600% 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.
Show Transcript

Map Information for Eagle Lake, FL

Area Information for Eagle Lake, FL
  • Population: 3,313
  • Median Age: 36.52 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 1,434/sq mi
  • Population Change Since 2000: 47.73%
  • Closest Airport: Orlando International
  • Closest College: Polk State College
  • Closest Jr. College: South Florida Community College
  • Median Household Income: $49,339
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $264,046
  • Closest Major Sports Team: Lakeland Flying Tigers (a)
  • Change Avg. Household Income Since 2000: 62.14%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Eagle Lake, FL
Median Age: 36.52 Married: 37% Number of Households: 1,109 Households with Children: 314
    • 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 Eagle Lake, FL

      School Name Distance Type Grades School Rating
      Lake Region High School 0.5 mi Public 9-12 1
      Eagle Lake Elementary School 0.5 mi Public PRESCHOOL-5 2
      Pinewood Elementary School 0.6 mi Public PRESCHOOL-5 2
      Jordan Christian Preparatory 1.0 mi Private K-12 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.
      Local Weather for Eagle Lake, FL
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.