Why Live in Bear Lake
Forest City, centered around the scenic Bear Lake, offers a residential haven in Central Florida, close to Altamonte Springs and Apopka. This established community, which began developing in the 1970s, features a mix of condos, family homes, gated communities, retirement homes, and ranch-style houses. Home styles range from older bungalows and ranch-style homes near Bear Lake to contemporary builds with ample space. The area is known for its highly rated schools, including Bear Lake Elementary School, Teague Middle School, and Lake Brantley High School, which offers a variety of Advanced Placement courses and specialized programs. Bear Lake itself spans over 300 acres, providing opportunities for swimming, boating, and jet skiing, with access through the Bear Lake Clubhouse. Indoor athletic venues like The Athlete Factory and Altamonte American Karate Academy, along with entertainment options such as Rebounderz Orlando, cater to both casual exercisers and athletes. Local shopping includes strip malls like Hunt Club Corners and West Town Corners, featuring major retailers such as Costco and Publix, as well as the Sprouts Farmers Market at Wekiva Riverwalk. Dining options range from fast-food franchises to family-owned eateries like Sherry’s Trini Flavors and La Granja. With State Route 436 and Interstate 4 providing connectivity, Forest City is well-situated for commuters to downtown Orlando, less than 10 miles away. The area has a low crime risk compared to the national average, making it a practical choice for families seeking a quiet, sunny home.
Home Trends in Bear Lake, FL
On average, homes in Bear Lake, Forest City sell after 59 days on the market compared to the national average of 51 days. The median sale price for homes in Bear Lake, Forest City over the last 12 months is $393,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$393,000
Median Single Family Sale Price
$415,000
Median Townhouse Sale Price
$320,000
Median 2 Bedroom Sale Price
$169,900
Median 1 Bedroom Sale Price
$142,000
Average Price Per Sq Ft
$221
Number of Homes for Sale
70
Last 12 months Home Sales
201
Median List Price
$400,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
11%