Clermont, Florida

Lake County Real Estate - Clermont

Clermont is a city in Lake County, Florida in East Central Florida. It's population as recorded in the 2010 Census was 28,742. Clermont is approximately 24 miles west of Orlando (population 238,300) and around 18 miles from Apopka (population 41,542).  Clermont is a part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area.

Clermont is home to the Florida Citrus Tower, one of Florida's first constructed landmarks. The 226-foot tower is the highest observation point in Florida, and was built so visitors could observe the many orange groves that surround it. Clermont is also home to a historic downtown area, known as the Clermont Historic Village. The property for the historic village was purchased by the City of Clermont in 1996 and includes the Train Depot and Quonset Hut.  In 2014 Clermont's median family income was approximately $48,000 a year.  It's real estate is made up primarily of middle-class homes.

The median age for residents of Clermont is 40.9. Around 32.6% of Clermont households include school aged children and 34.8% of households include individuals aged 65 years or over. Census records indicate 71.6% of the Clermont population are White, 14.4% are Black or African American, .4% American Indian, 4.1% Asian and 3.8% are Two or more Races.

There are 12,730 housing units in Clermont. 1,514 (11.8%) of these were reported as vacant in the 2010 Census. Clermont is a tourist destination, 29.7% (450) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 3,966 residential rental units in Clermont. 3,566 of them were occupied in 2010 providing a residential rental vacancy rate of 9.6%.

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Clermont is located in Lake County. It has a population of approximately 28,742 people. The population increased 2.3% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 2.1% for Lake County and a 1.7% increase for the country as a whole. Clermont occupies 13.63 of the 938.38 square miles in Lake County. It had a population density of 2108.4 persons per square mile in 2010. This compared to 316.6 for the county, 350.6 for Florida and 87.4 for the country.

8.8% ( 12,730) of the 145,303 housing units in Lake County are in Clermont (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Clermont has a 74.5% homeownership rate compared to Lake County's 77.7% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Clermont 28,742 $8192.3%$56,291 12,730$213,000

Clermont's medium household income in 2011 was $56,291. Lake County's medium household income was $47,509, which is lower than the medium income for Florida as a whole: $47,827. 8.1% of the population in Clermont lives below the poverty line, compared to 14.7% in Florida, 11.4% of the population in Lake County and 14.3% nationwide. Additional Information:

Clermont Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Clermont. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $819 million, Clermont's economic activity represents 15.08% of Lake County's $5,430MM in economic activity. Lake County represents 0.86% of the Florida economy.

Clermont Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $35 4.2%
Retail sales $703 85.9%
Accommodation and food services sales $81 9.9%
Total $819100%

Lake County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Clermont 28,742 $8192.3%$56,291 12,730$213,000
Eustis 18,558 $2721.8%$45,170 8,871$158,800
Groveland 8,729 $595.2%$53,178 3,369$184,900
Lady Lake 13,926 $3511.2%$35,625 8,865$131,400
Leesburg 20,117 $1,0582.1%$36,061 10,625$133,000
Mascotte 5,101 $101.6%$50,729 1,737$124,400
Mount Dora 12,370 $4953.9%$45,104 6,942$215,400
Tavares 13,951 $1362.1%$39,395 7,598$139,200

Lake County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Lake County represents 5.1% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Brevard County 543,376 $16,070 0.7% $50,068 270,512 $171,200
Osceola County 268,685 $7,448 7.0% $46,479 129,830 $170,200
Orange County 1,145,956 $53,843 4.9% $49,731 492,209 $211,100
Seminole County 422,718 $12,124 1.9% $58,908 182,625 $225,500
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Volusia County 494,593 $10,951 0.5% $44,169 254,981 $172,100
Sumter County 93,420 $1,120 8.8% $44,817 55,988 $186,800
Total 3,369,551 $106,985 3.7% $48,812 1,531,448 $186,400

Clermont Real Estate

There are 33,590 properties in Clermont. The following table shows a summary of them based on 2014 sales data.

Clermont Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 462 1.38 4 $240,000 $101May 1st, 2014August 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 204 0.61 0n/an/an/an/a
Health Care 5 0.01 0n/an/an/an/a
Hotel & Motel 14 0.04 0n/an/an/an/a
Industrial 90 0.27 8 $354,000 $73March 1st, 2014September 1st, 2014
Miscellaneous Property 64 0.19 0n/an/an/an/a
Mobile/Manufactured 860 2.56 34 $62,500 $52January 1st, 2014August 1st, 2014
Multifamily 313 0.93 12 $125,500 $72January 1st, 2014August 1st, 2014
Office 273 0.81 22 $387,500 $172February 1st, 2014September 1st, 2014
Residential 30,795 91.68 1,616 $168,000 $93January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 385 1.15 17 $1,100,000 $200January 1st, 2014September 1st, 2014
Senior Housing 5 0.01 0n/an/an/an/a
Special Purpose 103 0.31 2 $696,250 $81February 1st, 2014July 1st, 2014
Sports & Entertaining 17 0.05 0n/an/an/an/a

Agricultural Real Estate in Clermont, Florida

462( 1.38%) of the properties in Clermont are classified as Agricultural. 4 of them sold between May 1st, 2014 and August 1st, 2014. The total value of these sales was $963,500. The median sales price was $240,000. In 2014 the median sales price for Agricultural in Clermont was $101 per sq ft.

Commercial Real Estate in Clermont, Florida

0( .00%) of the properties in Clermont are classified as Commercial.

Government Real Estate in Clermont, Florida

204( .61%) of the properties in Clermont are classified as Government.

Health Care Real Estate in Clermont, Florida

5( .01%) of the properties in Clermont are classified as Health Care.

Hotel & Motel Real Estate in Clermont, Florida

14( .04%) of the properties in Clermont are classified as Hotel & Motel.

Industrial Real Estate in Clermont, Florida

90( .27%) of the properties in Clermont are classified as Industrial. 8 of them sold between March 1st, 2014 and September 1st, 2014. The total value of these sales was $3,549,900. The median sales price was $354,000. In 2014 the median sales price for Industrial in Clermont was $73 per sq ft.

Miscellaneous Real Estate in Clermont, Florida

64( .19%) of the properties in Clermont are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Clermont, Florida

860( 2.56%) of the properties in Clermont are classified as Mobile/Manufactured. 34 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $2,700,900. The median sales price was $62,500. In 2014 the median sales price for A Class Mobile/Manufactured in Clermont was $93 per sq ft, B Class properties sold for $52/ft and C Class $29/ft.

Multifamily Real Estate in Clermont, Florida

313( .93%) of the properties in Clermont are classified as Multifamily. 12 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $26,750,300. The median sales price was $125,500. In 2014 the median sales price for Multifamily in Clermont was $72 per sq ft.

Office Real Estate in Clermont, Florida

273( .81%) of the properties in Clermont are classified as Office. 22 of them sold between February 1st, 2014 and September 1st, 2014. The total value of these sales was $34,787,400. The median sales price was $387,500. In 2014 the median sales price for A Class Office in Clermont was $911 per sq ft, B Class properties sold for $172/ft and C Class $90/ft.

Residential Real Estate in Clermont, Florida

30,795( 91.68%) of the properties in Clermont are classified as Residential. 1,616 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $468,646,600. The median sales price was $168,000. In 2014 the median sales price for A Class Residential in Clermont was $117 per sq ft, B Class properties sold for $93/ft and C Class $66/ft.

Residential Real Estate in Clermont, Florida

0( .00%) of the properties in Clermont are classified as Residential.

Retail Real Estate in Clermont, Florida

385( 1.15%) of the properties in Clermont are classified as Retail. 17 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $33,397,800. The median sales price was $1,100,000. In 2014 the median sales price for Retail in Clermont was $200 per sq ft.

Senior Housing Real Estate in Clermont, Florida

5( .01%) of the properties in Clermont are classified as Senior Housing.

Special Purpose Real Estate in Clermont, Florida

103( .31%) of the properties in Clermont are classified as Special Purpose. 2 of them sold between February 1st, 2014 and July 1st, 2014. The total value of these sales was $1,392,500. The median sales price was $696,250. In 2014 the median sales price for Special Purpose in Clermont was $81 per sq ft.

Sports & Entertaining Real Estate in Clermont, Florida

17( .05%) of the properties in Clermont are classified as Sports & Entertaining.

Clermont, Lake County Market Data

Clermont Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 385 581,439
Government Property 202 573,785
Health Care 2 13,846
Hotel & Motel 14 310,475
Industrial 90 1,651,683
Land 2,284 238,368
Miscellaneous Property 32 24,381
Mobile/Manufactured 617 833,495
Multifamily 314 3,224,791
Office 272 1,064,025
Residential 32,232 59,572,028
Retail 375 5,185,116
Senior Housing 9 109,317
Special Purpose 106 827,155
Sports & Entertaining 16 173,388

Clermont Median Property Values per Sq Ft

Clermont Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $658$37 $126$17 $57$7
Auto sales, auto repair and storage or auto service shop 2016 $352$33 $117$18 $49$11
Bowling alley, skating rink, pool hall or enclosed arena 2016 $352$37 $117$17 $49$7
Church 2016 $175$17 $60$12 $54$9
Club, lodge or union hall 2016 $175$17 $60$12 $54$9
Community Shopping Center 2016 $352$33 $117$18 $49$11
Condominium 2016 $152$16 $72$16 $59$16
Cooperative 2016 $132$16 $98$16 $62$16
County Owned 2016 $175$26 $60$14 $54$8
Cropland soil capability Class I 2015 $151$18 $55$14 $27$10
Cropland soil capability Class III 2016 $130$19 $43$14 $21$10
Department Store 2016 $352$33 $117$18 $49$11
Drive-in Restaurant 2016 $352$33 $117$18 $49$11
Enclosed theater or auditorium 2016 $352$37 $117$17 $49$7
Federal Owned 2016 $175$26 $60$14 $54$8
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $352$33 $117$18 $49$11
Food processing 2016 $130$9 $43$6 $21$5
Golf course or driving range 2016 $658$37 $126$17 $57$7
Government Undefined 2016 $175$26 $60$14 $54$8
Grazing land soil capability Class III 2016 $344$19 $150$14 $80$10
Grazing land soil capability Class IV 2016 $344$19 $150$14 $80$10
Grazing land soil capability Class VI 2016 $344$19 $150$14 $80$10
Home for the aged 2016 $88$15 $88$10 $88$9
Hospital 2016 $175$26 $60$14 $54$8
Hotel or motel 2016 $472$33 $252$33 $51$33
Light manufacturing 2016 $130$9 $43$6 $21$5
Lumber yard, sawmill or planing mill 2016 $130$9 $43$6 $21$5
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $130$9 $43$6 $21$5
Mixed use - store and office or store and residential or residential combination 2016 $352$33 $117$18 $49$11
Mobile Home 2016 $157$6 $72$6 $46$6
Mortuary, cemetery or crematorium 2016 $88$17 $88$12 $88$9
Multi-family - 10 units or more 2016 $157$13 $72$10 $46$8
Multi-family - less than 10 units 2016 $138$13 $60$10 $41$8
Municipal Owned 2016 $175$26 $60$14 $54$8
Nightclub, cocktail lounge or bar 2016 $352$37 $117$17 $49$7
Office building, non-professional service building, multi-story 2016 $229$26 $98$18 $50$14
Office building, non-professional service building, one story 2016 $229$26 $98$18 $50$14
Orchard Groves, Citrus, etc. 2016 $344$19 $150$14 $80$10
Ornamentals, miscellaneous agricultural 2016 $344$19 $150$14 $80$10
Orphanage, other non-profit or charitable services 2016 $88$17 $88$12 $88$9
Poultry, bees, tropical fish, rabbits, etc. 2016 $344$19 $150$14 $80$10
Private school or college 2016 $175$17 $60$12 $54$9
Privately owned hospital 2016 $175$25 $60$17 $54$11
Professional service building 2016 $229$26 $98$18 $50$14
Public county school 2016 $175$26 $60$14 $54$8
Repair service shop (excluding automotive) 2016 $352$33 $117$18 $49$11
Restaurant, cafeteria 2016 $352$33 $117$18 $49$11
Retirement Home not eligible for exemption. 2016 $132$15 $98$10 $62$9
Sanitarium or convalescent rest home 2016 $175$25 $60$17 $54$11
Service station 2016 $352$33 $117$18 $49$11
Single Family 2016 $133$16 $111$16 $89$16
State Owned 2016 $175$26 $60$14 $54$8
Store, one story 2016 $352$33 $117$18 $49$11
Timberland - site index 90 and above 2016 $344$19 $150$14 $80$10
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $352$37 $117$17 $49$7
Undefined - Reserved for Use by Department of Revenue 2016 $138$16 $60$16 $41$16
Utility 2016 $175$42 $60$15 $54$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $130$9 $43$6 $21$5