Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 35,929, 14,512 total housing units (homes and apartments), and a median house value of $515,257, Land O' Lakes real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Land O' Lakes, accounting for 78.23% of the town's housing units. Other types of housing that are prevalent in Land O' Lakes include large apartment complexes or high rise apartments ( 10.94%), mobile homes or trailers ( 4.38%), and a few row houses and other attached homes ( 3.99%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Land O' Lakes. Owner-occupied housing accounts for 81.51% of Land O' Lakes's homes, and 69.71% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Land O' Lakes built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Land O' Lakes built between 2000 and later ( 45.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.28%).
In the last 10 years, Land O' Lakes has experienced some of the highest home appreciation rates of any community in the nation. Land O' Lakes real estate appreciated 158.33% over the last ten years, which is an average annual home appreciation rate of 9.96%, putting Land O' Lakes in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Land O' Lakes definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Land O' Lakes's appreciation rate, at 6.34%, has been at or slightly above the national average. In the latest quarter, Land O' Lakes's appreciation rate has been 0.30%, which annualizes to a rate of 1.19%.
Notably, Land O' Lakes's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Land O' Lakes's latest annual appreciation rate is higher than 50% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Land O' Lakes differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Land O' Lakes - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Land O' Lakes real estate investment or home purchase decisions.
$515,257
for Florida
for nation
14,512
$3,539 / per month