What is the housing market like in Lake Formosa today?
In August 2024, Lake Formosa home prices were down 25.9% compared to last year, selling for a median price of $611K.
$611K
Sale Price
$358
Sale $/Sq. Ft.
Over List Price
2%
Days on Market
15
Down Payment
—
Total Homes Sold
1
To compare other locations to the Lake Formosa and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Orlando add value to a home.
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School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Formosa housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Formosa.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Formosa has a minor risk of flooding. 1 properties in Lake Formosa are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Lake Formosa. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Formosa has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Formosa is most at risk from hurricanes. 282 properties in Lake Formosa have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 137 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 150 mph.