Polk County, FL Home Values & Market Trends

The median home price in Polk County, FL is $306,935.05. There were 15,999 home sales in Polk County, FL over the past 12 months. The median residential Polk County, FL home value for transactions over the previous year is $293,283.813. The number of current listings in Polk County, FL is 2,194, and the percentage of properties for sale is 2194.00%. The county has 2,797 foreclosures, 40 bank owned properties, 131 headed for auction, and 2,194 properties for sale.

Polk County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Kissimmee

$ 377,000

$ 211/sqft

Fort Meade

$ 224,200

$ 187/sqft

Lakeland

$ 320,000

$ 194/sqft

Eagle Lake

$ 295,000

$ 172/sqft

Davenport

$ 399,000

$ 204/sqft

Babson Park

$ 273,500

$ 197/sqft

Winter Haven

$ 301,205

$ 173/sqft

River Ranch

$ 111,400

$ 231/sqft

Haines City

$ 320,000

$ 186/sqft

Nichols

$ --

$ --

Lake Wales

$ 282,400

$ 183/sqft

Homeland

$ --

$ --

Auburndale

$ 335,000

$ 187/sqft

Indian Lake Estates

$ --

$ --

Bartow

$ 299,450

$ 182/sqft

Highland City

$ --

$ --

Mulberry

$ 314,950

$ 192/sqft

Lake Hamilton

$ --

$ --

Frostproof

$ 199,980

$ 170/sqft

Waverly

$ --

$ --

Polk City

$ 328,816

$ 167/sqft

Nalcrest

$ --

$ --

Dundee

$ 300,000

$ 181/sqft

Kathleen

$ --

$ --

Lake Alfred

$ 320,384

$ 163/sqft

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Housing Market Summary for Polk County, FL

Apr 2023March 2024Change
Median Listing Price$329.3K$300.1K-8.88%
Median Sold Price$311.7K$300.1K-3.74%
Homes For Sale1,6692,12427.26%
Homes Sold8,5358,208-3.83%
Price
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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 Polk County, FL

Polk County, FL home values range from $17,984 to $43,649,629. Davenport is the priciest city with a median listing home price of $398,000, and River Ranch is most affordable with average house prices of around $127,500.

Foreclosure
There are 25 cities within Polk County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $306,482 in Mulberry to the lowest value of $34,999 in Mulberry. Foreclosure homes account for 1.00% of properties in Polk County, FL with Kissimmee containing 1285 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.00% of all residential properties in Polk County, FL with Kissimmee containing 1214 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 25 cities within Polk County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $4,579,000 in Lake Hamilton to the lowest home value of $34,999 in Mulberry.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Polk County, FL ranges from the highest value of $473,952 in Polk City to the lowest value of $99,750 in Lakeland. Bank owned homes and properties account for 0.02% of properties in Polk County, FL. There are 25 cities within Polk County, FL; Lakeland containing 16 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Kissimmee has 63 auction properties, the highest number of properties going to auction in a single city in the state of Polk County, FL. Auction homes and other auction properties account for 0.05% of all properties in Polk County, FL. There are 25 cities within Polk County, FL; of those cities, the median estimated home value for homes going to auction ranges from $845,847 in Mulberry to the lowest value of $46,028 in Mulberry.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.83% of residential properties in Polk County, FL with Kissimmee containing 649 homes for sale, the highest number of listed properties in a single city. There are 25 cities within Polk County, FL; homes for sale in those cities, have a range of median values from $900,000 in Polk City to the lowest value of $26,782 in Frostproof.
    Sold Homes
    The median value for recently sold homes ranges from $417,783 in Indian Lake Estates to the lowest price of $24,125 in Indian Lake Estates. There are 25 cities within Polk County, FL. Lakeland has 2443 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.12% of properties in Polk County, FL.

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      Guide for Polk County, FL

      Market Reports
      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Jacksonville, FL: Real Estate Market Trends 2023
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      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
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      Thriving Des Moines Real Estate Market Shows Robust Growth Through Early 2024
      Market Reports|posted 1 April 2024

      Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
      Fix and Flip|posted 8 February 2024

      Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.