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Featured local agent — Lakeland, GA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Lakeland, GA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lakeland, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lakeland, GA Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$215,000median sale price

How is the Lakeland, GA housing market right now?

The median home sale price in Lakeland, GA is $215,000. Homes sell in an average of 118 days with 11 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Leaning buyer's3.7 months of supply118 avg. days on market

Lakeland, GA is currently a leaning buyer's, based on 3.7 months of supply and homes selling in about 118 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

118

Average pace

Active listings

11

3.7 months supply

Sale-to-list

90.8%

Below asking

What does the Lakeland housing market data show?

Current housing market statistics for Lakeland, GA
MetricValue
Median sale price$215,000
Median list price$179,900
Average days on market118 days
Active inventory11 listings
Months of supply3.7 months
Sale-to-list price ratio90.8%
Median price per sq ft$109/sq ft
Homes sold (latest month)3
New listings (latest month)3
Listings with a price cut81.8%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Lakeland by property type?

How the Lakeland, GA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lakeland, GA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$215,000$109/sq ft3118 days

Source: Redfin · Updated monthly

The Lakeland housing market is currently classified as a leaning buyer's with a median sale price of $215,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 118 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Lakeland

There are currently 11 homes listed for sale in Lakeland, Georgia. The median listing price is $180K.

Active listings

11

Homes on market

Median list price

$180K

Avg. days on market

118

Days until sale

New this week

3

Newly listed

Price drops:81.8%of listings
Sale-to-list:90.8%

Who lives in Lakeland?

Population

2,943

Median income

$29,520/yr

Median age

37.9 years

Owner-occupied

43.2%

College grads

10.8%

Avg commute

16.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Lakeland?

Zillow home value

$185,966

Price-to-income

6.3x

Source: Zillow Research

What is it like to live in Lakeland?

Lakeland is a community of approximately 3K residents with a median age of 37.9 years.The median household income is $29,520, which represents a working-class community with solid middle-income opportunities. 10.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 43.2%, showing a blend of owner and renter-occupied properties. The average commute time is 16.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakeland offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lakeland?

3 schools tracked · 1,683 students

The largest public schools serving Lakeland, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Lanier County Elementary School

Grades PK-5 · 837 students

Public

Lanier County High School

Grades 9-12 · 473 students

Public

Lanier County Middle School

Grades 6-8 · 373 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Lakeland, GA?

Want a head-to-head view? Compare Lakeland side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Lakeland?

The median home sale price in Lakeland is $215,000, down 0.0% from last year.

How long do homes stay on market in Lakeland?

Homes typically spend 118 days on market before going under contract.

What is the median income in Lakeland?

The median household income is $29,520 per year.

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

With 3.7 months of supply, Lakeland is currently a leaning buyer's.

What is the Zillow home value estimate for Lakeland?

The Zillow Home Value Index (ZHVI) for Lakeland is $185,966, representing the typical home value in the area.

How much does a single-family home cost in Lakeland?

The median single-family home price in Lakeland, GA is $215,000 (about $109 per square foot).

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