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Lake Forest, FL Real Estate


According to census data in the year 2000 there were 1,691 housing units in Lake Forest.

Of those housing units, 1,691 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Forest is about 85.2%. Lake Forest's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 3.22 people.

The majority of houses, apartments or condos in Lake Forest were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type4.70%
One Bedroom10.20%
Two Bedrooms24.50%
Three Bedrooms49.60%
Four Bedrooms9.50%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.29
Median year structure was built1958
Median Value of occupied units$79,700
Median Price asked for vacant units$73,000

Rented Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1965
Median Monthly Rent asked for vacant units$741

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.10%
Home Equity Loan5.40%
Simple Mortgage63.70%
Debt Free23.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%