The Villages, FL Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Are home prices dropping in The Villages in Florida? ›

The Villages, FL housing market

The median listing home price in The Villages, FL was $379.2K in July 2024, trending down -5.2% year-over-year. The median listing home price per square foot was $257. The median home sold price was $392.5K.

Village of Lynnhaven

With a median home price of $299,840 and a median rent of $1,682, Village of Lynnhaven is the most affordable neighborhood on our list. Based on the growth in home prices in Village of Lynnhaven over the last 3 years, it ranks No. 15 among all the neighborhoods in The Villages.

With 1,550 homes in the community, the Village of Duval is one of the most popular neighborhoods in The Villages. Residents love the convenience and comfort of living in this top-rated community.

Village of Tamarind Grove

With a median home price of $575,505 and a median rent of $1,682, Village of Tamarind Grove is the most expensive neighborhood on our list. Based on the growth in home prices in Village of Tamarind Grove over the last 3 years, it ranks No. 1 among all the neighborhoods in The Villages.

The Villages is home to the world's largest recreation department, has more golf courses than any other community in the world, is home to three town squares (with a fourth one just announced) where residents go to eat and shop and enjoy free nightly entertainment, and is home to roughly 100 restaurants.

The Villages, Florida is one of the most well-known 55 Plus Communities globally and one of the best places to retire in Florida. The friendly atmosphere, endless activities, and nightly entertainment draw Active Adults from all over to this community.

The trouble began in 2019 when residents of The Villages were suddenly hit with a 25 percent hike in their property taxes. In the master-planned retirement community of 130,000 across Sumter, Lake, and Marion counties in central Florida, many are on fixed incomes.

The Villages doesn't have an HOA and technically there are no HOA fees. Instead, residents pay CDD fees. According to The Villages, average CDD assessments (including the bond, maintenance fee, and fire protection) range from $129 to $220 per month.

THE VILLAGES IS A STRONG GROWING COMMUNITY OF PEOPLE FROM ALL AROUND THE WORLD. ITS A GREAT PLACE TO MEET PEOPLE FROM ALL SORTS OF CULTURES AND BACKGROUNDS. It is a great place to live. There is a ton to do and getting to certain activities is convenient.

“YELLOW: Mid level swap. For those who want to have fun but are still nervous” “BLACK: Full swap. Those who say what the hell let it all go down” “TEAL: Bisexual.

How white is The Villages in Florida? ›

Race and Ethnicity

In 2022, there were 109 times more White (Non-Hispanic) residents (76.5k people) in The Villages, FL than any other race or ethnicity. There were 700 Asian (Non-Hispanic) and 577 White (Hispanic) residents, the second and third most common ethnic groups.

The Villages is located approximately 55 miles (89 km) northwest of Orlando and 80 miles (130 km) northeast of Tampa. It is bordered to the west and south by the city of Wildwood in Sumter County and to the east by the town of Lady Lake and city of Fruitland Park in Lake County.

Cons. The cons of living in The Villages include: Humidity and high temperatures: Florida can have unbearable heat, which can be uncomfortable for many who are not used to it, especially seniors. The moisture also can feel damp and muggy, where it can also feel unpleasant.

The average The Villages, FL home value is $409,251, down 2.8% over the past year and goes to pending in around 40 days.

Florida Housing Market Overview

In July 2024, home prices in Florida were up 1.2% compared to last year, selling for a median price. On average, the number of homes sold was up 2.9% year over year and there were 33,056 homes sold in July this year, up 32,112 homes sold in July last year.

Even as Florida remains among the most overpriced housing markets in the country after the boom experienced during the COVID-19 pandemic, especially in cities like Cape Coral and Miami, a recent surge in inventory has allowed buyers to push prices down in parts of the state.

Ryan Erisman, author of “The Villages Florida Book,” says the first thing people interested in the area want to know is “Can I afford it?” The official Village line on what it costs to live there is $1,039 a month, well within many couples' budgets, even those heavily reliant on Social Security.

The Villages has come a long way from its humble beginnings as a trailer park in the 1970s. Today, this 55-and-up community spans 57 square miles. And according to the most recent U.S Census data, it is now the nation's fastest-growing metro. From July 1, 2022-July 1, 2023, the population grew by 4.7% to 151,565.