Three Lakes Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$247,100

  • 4.3% 1-year change
  • -1.0% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm
Buyers' Market
Sellers' Market

The median home value in Three Lakes is $247,100. Three Lakes home values have gone up 4.3% over the past year and Zillow predicts they will fall -1.0% within the next year. The median rent price in Three Lakes is $1,938, which is lower than the Miami-Fort Lauderdale Metro median of $2,000.

Relative ZHVI
- +

Three Lakes Market Overview

Data through Jul 31, 2015
  • $247,100 ZHVI
  • -1.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • $250,500 Median sale price
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Three Lakes Market Health

Data through Jul 31, 2015
  • 1.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Cities

Name Median ZHVI
Country Walk $255,300
Kendall $237,200
Richmond West $221,100
Name Median ZHVI
The Hammocks $213,000
The Crossings $197,800
Palmetto Estates $162,700
Name Median ZHVI
Kendale Lakes $156,500
West Perrine $129,100
Richmond Heights $120,500

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $151 Median sale price / sq ft
  • No data Listings with price cut
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Three Lakes Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,881 Three Lakes
    $1,815 Miami-Fort Lauderdale Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,938 Rent list price
  • $1.15 Rent list price / sq ft
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