Lakeland, FL Home Values & Market Trends

Real estate market trends reflect that there have been 4,249 transactions over the past year in Lakeland. The median value for residential home transactions that occurred over the previous year is $339,900. The number of current listings in Lakeland is 616, and the percentage of properties for sale in the city is 616.00%. Lakeland, FL currently has 695 properties in foreclosure, 12 bank owned properties, 21 properties headed for auction, and 616 properties for sale.

Lakeland, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
33810

$ 347,337

$ 200/sqft

33801

$ 261,521

$ 213/sqft

33813

$ 431,332

$ 199/sqft

33805

$ 250,000

$ 184/sqft

33809

$ 310,000

$ 206/sqft

33812

$ 390,042

$ 215/sqft

33803

$ 325,000

$ 217/sqft

33815

$ 181,000

$ 178/sqft

33811

$ 355,048

$ 190/sqft

Housing Market Summary for Lakeland, FL

Oct 2023September 2024Change
Median Listing Price$325K$325.5K0.15%
Median Sold Price$299K$314.6K5.20%
Homes For Sale48860924.80%
Homes Sold2,8482,754-3.30%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lakeland, FL

Lakeland home values range from $29,775 to $2,535,375. The median estimated value of a home in Lakeland is $339,900. The median list price of a home is 325,000, and the total count of properties in the city is 4,722.

Foreclosure
There are 9 zips within Lakeland, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,776,579 in 33815 to the lowest value of $46,713 in 33815. Foreclosure homes account for 14.00% of properties in Lakeland, FL with 33810 containing 172 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 14.02% of all residential properties in Lakeland, FL with 33810 containing 165 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 9 zips within Lakeland, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $871,117 in 33813 to the lowest home value of $46,713 in 33815.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lakeland, FL ranges from the highest value of $263,900 in 33813 to the lowest value of $149,455 in 33810. Bank owned homes and properties account for 0.25% of properties in Lakeland, FL. There are 9 zips within Lakeland, FL; 33801 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    33810 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Lakeland, FL. Auction homes and other auction properties account for 0.44% of all properties in Lakeland, FL. There are 9 zips within Lakeland, FL; of those zips, the median estimated home value for homes going to auction ranges from $554,750 in 33812 to the lowest value of $246,826 in 33812.
Homes for Sale
Homes and properties that are actively listed for sale account for 13.05% of residential properties in Lakeland, FL with 33810 containing 129 homes for sale, the highest number of listed properties in a single zip. There are 9 zips within Lakeland, FL; homes for sale in those zips, have a range of median values from $658,000 in 33812 to the lowest value of $70,000 in 33815.
    Sold Homes
    The median value for recently sold homes ranges from $1,047,243 in 33811 to the lowest price of $29,775 in 33811. There are 9 zips within Lakeland, FL. 33810 has 539 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 57.52% of properties in Lakeland, FL.

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      Guide for Lakeland, FL

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      An in-depth analysis of the real estate market in Miami and its neighboring cities, focusing on property values, sale prices, and per square foot costs.