Egypt Lake-Leto, Florida Real Estate & Housing Market

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Egypt Lake-Leto Housing Information

Index	Egypt Lake-Leto	Florida	National
Median home price	$125,500	$166,800	$184,700
Median rent asked	$916	$1,032	$949
Avg. people per household	2.8	2.6	2.6
Owner occupied households	41.9%	64.8%	63.6%
Renter occupied households	58.1%	35.2%	36.4%

Above, you'll find an overview of the real estate market in Egypt Lake-Leto, FL. Generally, real estate in the Egypt Lake-Leto, FL area is more affordable in Florida, as the median price of a home in Egypt Lake-Leto, FL is $125,500, which is 25% lower than the Florida average. The median rental price in Egypt Lake-Leto, FL is $916. This is 11% lower than the average rental price in Florida. Home owners comprise 41.9% of the population of Egypt Lake-Leto, FL, where an average of 2.8 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Egypt Lake-Leto, FL. Below, you can search for real estate listings in Egypt Lake-Leto, FL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Egypt Lake-Leto Home Affordability

When searching for real estate in Egypt Lake-Leto, FL, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Egypt Lake-Leto, FL, the median house price is $125,500, while the median income for households in the area is $37,180. Therefore, the ratio of house price to income is 3.4x; this ratio is 1% lower than the average in Florida. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Egypt Lake-Leto, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Beacon Square, FL	6,971	$62,600	66%
Elfers, FL	13,375	$63,800	65%
Holiday, FL	20,451	$65,200	65%
Lealman, FL	20,704	$70,500	62%
West Lealman, FL	16,235	$77,800	58%
Egypt Lake-Leto, FL	37,589	$125,500	32%

Cities with similar population

City, State	Population	Home Price	National Avg.
Schertz, TX	37,597	$179,000	3%
Spartanburg, SC	37,570	$115,900	37%
Park Ridge, IL	37,567	$397,400	115%
Spanish Fork, UT	37,565	$204,300	11%
Delaware, OH	37,554	$161,100	13%
Egypt Lake-Leto, FL	37,589	$125,500	32%

Source: The Egypt Lake-Leto, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).