Land O' Lakes, Florida Housing Market Prices
Land O' Lakes Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 4% above the Florida median$323,014
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Median rent 24% above the Florida median$2,064
Housing Market Overview
| Metric | Land O' Lakes | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $323,014 | $311,338 | $248,835 |
| Price Trend (Annual %) | 8.8% | 11.2% | 7.5% |
| Median Gross Rent | $2,064 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.6% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Land O' Lakes is about 4% higher than in Florida. Rent is about 24% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Land O' Lakes, up about 8.8% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Land O' Lakes rose about 67.2% between 2015 and 2024, from $1,234 to $2,064. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Land O' Lakes.
Buying the median-priced home in Land O' Lakes costs roughly 13.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Land O' Lakes. The price-to-rent ratio in Florida is about 15.6.
| Metric | Land O' Lakes | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $323,014 | $311,338 | $248,835 |
| Median Household Income | $99,621 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.2 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Land O' Lakes rose about 123.3%, while median household income rose about 30.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Land O' Lakes | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 77.3% | 57.7% | 58.5% |
| Rental Rate | 18.4% | 27.7% | 31.2% |
| Vacancy Rate | 4.3% | 14.6% | 10.2% |
| Median Tenure (years) | 14.0 | 13.0 | 15.0 |
| Median Year Moved In | 2012 | 2013 | 2011 |
Land O' Lakes has a homeownership rate of 77.3%, higher than the Florida average of 57.7%. Its housing vacancy rate is 4.3%, compared with 14.6% in Florida.
Housing Stock
| Metric | Land O' Lakes | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.75 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1999 | 1988 | 1978 |
| Median Number of Rooms | 6.3 | 5.2 | 5.5 |
The typical housing unit in Land O' Lakes was built around 1999. On average, 2.8 people live in a home with about 6.3 rooms, staying for about 14.0 years on average.
Land O' Lakes, FL Housing Compared With Nearby Cities
How Land O' Lakes, FL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Land O' Lakes, FL | 36,189 | $323,014 #2/2 | $2,064 #1/2 | 80.8% #1/2 |
| Lutz, FL | 32,806 | $345,444 | $1,729 | 73.3% |
Frequently Asked Questions
Common questions about the housing market in Land O' Lakes, Florida.
What is the median home price in Land O' Lakes, Florida?
The median home price in Land O' Lakes, Florida is $323,014, higher than the Florida average of $311,338.
What is the average home price in Land O' Lakes, Florida?
The typical home price in Land O' Lakes, Florida, reported as the median sale price, is $323,014. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Land O' Lakes, Florida?
The median gross rent in Land O' Lakes, Florida is $2,064 per month, higher than the Florida average of $1,668.
What was the median gross rent in Land O' Lakes in 2020?
In 2020, the median gross rent in Land O' Lakes, Florida was $1,428 per month.
What is the price-to-rent ratio in Land O' Lakes, Florida?
The price-to-rent ratio in Land O' Lakes, Florida is about 13.0, meaning it would take roughly 13.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Land O' Lakes.
Are home prices or rent rising faster in Land O' Lakes, Florida?
Both home prices and rent are rising in Land O' Lakes, up about 8.8% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Land O' Lakes, Florida?
77.3% of households in Land O' Lakes, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Land O' Lakes, Florida?
The housing vacancy rate in Land O' Lakes, Florida is 4.3%, lower than the Florida average of 14.6%.
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