Neighborhood · Orlando, Florida
Lake Richmond
Small-scale Orlando living, close to everything
1
Homes for sale
$249,995
Median list price
$220
Avg price / sqft
31
Median days on market
Lake Richmond sits in the southwest quadrant of Orlando, the kind of compact residential pocket where day-to-day life leans on easy proximity rather than big amenities. You're roughly 14 minutes from downtown, 15 from Universal Orlando, and under half an hour from Orlando International Airport, which puts the whole metro within reach. It's a practical, unfussy corner of the city for buyers who want to be central without paying central-Orlando prices, and it sits alongside better-known neighborhoods like College Park and Metro West.
The market here is small and tight — there's currently just one active listing, priced at $249,995, so inventory moves the moment it appears. Over the past year, eight homes sold at a median of $250,000, and sellers collected 100% of asking on average, which tells you buyers aren't finding much room to negotiate. If you're weighing this pocket against other Orlando homes for sale, come prepared to act quickly and pay close to list.
Lake Richmond is a community in Orlando, Florida.
Quick facts
$249,995 – $250K price range
1,136 sqft median home
8 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Richmond
Every active listing inside the Lake Richmond boundary
Open full map search →The numbers that matter
The Lake Richmond market
8
Sold, last 12 months
$250,000
Median sold price
100%
Sale-to-list ratio
What sellers actually get vs asking
29 days
Median time to sell
Lake Richmond vs Orlando
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 7.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Richmond boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Richmond is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Richmond home
≈ $1,616/mo
$249,995 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
794
Median age
33
Median income
$49,889
Median home value
$219,837
Beyond the listings
Living in Lake Richmond
Culture
Top 1% in the U.S.Dance Devotion
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
Culture
Top 3% in the U.S.Hip Hop Culture
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Active
Top 4% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Entertainment
Top 4% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Active
Top 5% in the U.S.Functional Fitness
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
Hobbies & Interests
Top 11% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
People who close here
Our Orlando experts
Straight answers
Lake Richmond FAQs
Is Lake Richmond a good place to live?+
It suits buyers who prioritize location over amenities — you're about 14 minutes from downtown Orlando and 15 from Universal, with the airport around 27 minutes away. The assigned schools are Oak Ridge High, Carver Middle, and Eccleston Elementary. It's a compact residential pocket rather than a resort-style community, so it rewards people who want central access at a reasonable price.
Is Lake Richmond expensive?+
No — it's one of the more affordable central Orlando options, with a median sold price of $250,000 over the past year and an average of about $220 per square foot. For comparison, you can weigh it against pricier neighborhoods like Laureate Park when deciding where your budget stretches furthest.
What do homes cost in Lake Richmond?+
The single active listing is priced at $249,995, and homes here run around $220 per square foot on a median size of about 1,136 square feet. Recent sales landed at a median of $250,000, so the current asking price is right in line with what the market has been paying.
How is the Lake Richmond housing market?+
It's small and moves fast — eight homes sold in the last 12 months, and sellers received 100% of asking on average. With a median 31 days on market and just one active listing right now, buyers should expect limited choice and little negotiating leverage.
What about HOA fees and property taxes?+
Median property tax comes in around $1,065 a year, which is low for the area. HOA data isn't available for this pocket, so confirm any fees on a property-by-property basis before you commit.
Keep exploring
More Orlando neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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