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Housing in Lake Kerr

A typical Lake Kerr home is worth roughly $122,000

The median sale price was $135,000 in May 2026.

Typical home value
$122K
▲ 5% in a year · FL $359K
Estimate
Median sale price
$135K
May 2026 · Redfin
Homes sold
3
in May · 15 for sale
2-bedroom rent
$1,520
a month, utilities in · HUD
Median tax bill
$913
FL $2,730

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Lake Kerr?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.9 years of income

Less than across Florida (4.8 years). Try your own numbers below.

You could afford about
$165,000
Typical Lake Kerr home $122K

That covers a typical Lake Kerr home, with $43K to spare.

The typical home, each month
$730
Loan $600Tax $80Insurance $40

A two-bedroom rents for about $1,520 a month here, $790 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lake Kerr’s typical property tax (0.83% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

95% of Lake Kerr households own their home

Half of Lake Kerr’s homes were built before 1976.

Owners and renters
Own 95%Rent 5%

Florida: 68% own.

1976
typical home built · FL 1988
$913
median property tax bill · FL $2,730
0.83%
of a home’s value, a year in tax · FL 0.76%
38%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Home prices up 60% in 5 years

The federal house price index for the ZIP code around Lake Kerr rose 60% over the past 5 years, about the same as across Florida. Last year prices rose 5%. Carrying the Census median home value forward with that index puts the typical Lake Kerr home at roughly $122,000 today.

Lake Kerr areaFlorida
0%+50%+100%+150%+200%+250%+300%200020052010201520202025
+5%
past year
+60%
past 5 years
+139%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $122K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Lake Kerr, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,520

Renters already here pay a median of $525, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,270
1 bedroom$1,340
2 bedrooms$1,520
3 bedrooms$1,920
4 bedrooms$2,320
5%
of households rent · FL 32%
31
renter households
16%
of renters spend 30%+ of income on rent · FL 60%
43%
of the median income, for a two-bedroom
$525
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ocala, FL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Lake Kerr buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lake Kerr still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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