Lakeland, FL

Buyer's market+8.9% YoY

Housing market overview · Updated weekly

$304,950median sale price

Homes sold

78

Last 12 weeks

Days on market

65

Average pace

Active listings

440

5.6 months supply

Sale-to-list

97.5%

Below asking

The Lakeland housing market is currently classified as a buyer's market with a median sale price of $304,950. Prices have risen 8.9% compared to last year, with homes spending an average of 65 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lakeland

There are currently 440 homes listed for sale in Lakeland, Florida. The median listing price is $340K.

Active listings

440

Homes on market

Median list price

$340K

Avg. days on market

65

Days until sale

New this week

139

Newly listed

Price drops:33.0%of listings
Sale-to-list:97.5%

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Frequently asked questions

What is the average home price in Lakeland?

The median home sale price in Lakeland is $304,950, up 8.9% from last year.

How long do homes stay on market in Lakeland?

Homes typically spend 65 days on market before going under contract.

Is Lakeland a buyer's or seller's market?

With 5.6 months of supply, Lakeland is currently a buyer's market.

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