Lake Butler, FL

Full City Profile · Florida · Orange County County

4.6 /5.0
A+ Excellent
17,242 Population 161/sq mi density
$178,750 Median Income $98,874 per capita
$886,300 Home Value $280,492 Zillow
$2,413 Median Rent 45.1% income on rent
73°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
5.0 / 5.0
$178,750 median income, 1.9% unemployment
B+
Affordability
3.9 / 5.0
$886,300 home value, $2,413/mo rent
A+
Education
5.0 / 5.0
58.4% bachelor's degree or higher

Housing Overview

Median Home Value
$886,300
214% above
US avg: $281,900
Median Rent
$2,413/mo
107% above
US avg: $1,163/mo
Homeownership Rate
87.5%
34% above US avg (65.4%)
Total Housing Units
6,866
Median year built: 2003

Home Value by Source

Census Median
$886,300
Zillow (ZHVI)
$280,492
Redfin Median Sale
$965,000
Median Sale Price
$965,000
Median List Price
$1,624,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

87.5%
Owner-Occupied
12.5%
Renter-Occupied
88%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $2,413/mo

Market Indicators (Redfin)

Median Sale Price
$965,000
Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
21.7%
of listings with price reduction
Price Per Sq Ft
$326
Active Inventory
92
homes for sale

Affordability & Housing Stock

Rent Burden
45.1%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
87.5%

Complete Housing Data

Home Values

Census Median Value$886,300
Zillow Home Value (ZHVI)$280,492
Redfin Median Sale$965,000
Median Sale Price$965,000
Median List Price$1,624,500
Price Per Sq Ft$326

Rent

Census Median Rent$2,413
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market38
Sale-to-List Ratio1.0%
Price Drops21.7%
Homes Sold20
Active Inventory92
Price Per Sq Ft$326

Ownership & Stock

Owner-Occupied87.5%
Renter-Occupied12.5%
Homeownership Rate87.5%
Total Housing Units6,866
Median Year Built2003
Rent Burden45.1%