Lakeland, FL Home Values & Market Trends
Real estate market trends reflect that there have been 4,294 transactions over the past year in Lakeland. The median value for residential home transactions that occurred over the previous year is $314,233.71. The number of current listings in Lakeland is 586, and the percentage of properties for sale in the city is 586.00%. Lakeland, FL currently has 679 properties in foreclosure, 15 bank owned properties, 36 properties headed for auction, and 586 properties for sale.
Lakeland, FL Real Estate Market Overview
Housing Market Summary for Lakeland, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $325K | $301.6K | -7.19% |
| Median Sold Price | $315.2K | $301.6K | -4.29% |
| Homes For Sale | 474 | 591 | 24.68% |
| Homes Sold | 2,655 | 2,431 | -8.44% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lakeland, FL
Browse Homes in Lakeland, FL
Lakeland home values range from $23,166 to $43,649,629. The median estimated value of a home in Lakeland is $314,233.71. The median list price of a home is 318,450, and the total count of properties in the city is 82,975.
- Pre-ForeclosurePre-foreclosure homes account for 0.76% of all residential properties in Lakeland, FL with 33810 containing 153 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 $805,060 in 33809 to the lowest home value of $45,778 in 33812.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lakeland, FL ranges from the highest value of $292,000 in 33812 to the lowest value of $99,750 in 33805. Bank owned homes and properties account for 0.02% of properties in Lakeland, FL. There are 9 zips within Lakeland, FL; 33801 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33810 has 10 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 0.04% 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 $433,660 in 33803 to the lowest value of $186,123 in 33803.
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Guide for Lakeland, FL
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