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Featured local agent — Lakeland, NY
Sarah Mitchell
Compass Real Estate · Lakeland, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakeland, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$369,900median sale price
How is the Lakeland, NY housing market right now?
The median home sale price in Lakeland, NY is $369,900, up 9.6% year-over-year. Homes sell in an average of 12 days with 3 active listings. The market is currently a strong seller's market. (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?
Lakeland, NY is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
12
Fast-moving
Active listings
3
1.0 months supply
Sale-to-list
103.9%
Above asking
What does the Lakeland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $369,900 |
| Median list price | $269,900 |
| Year-over-year price change | +9.6% |
| Average days on market | 12 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 103.9% |
| Median price per sq ft | $257/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 5 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lakeland by property type?
How the Lakeland, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $209,900 | $130/sq ft | 1 | 23 days |
| Condo / Co-op | $369,950 | $257/sq ft | 2 | 25 days |
| Townhouse | $329,900 | $229/sq ft | 2 | 15 days |
Source: Redfin · Updated monthly
The Lakeland housing market is currently classified as a strong seller's market with a median sale price of $369,900. Prices have risen 9.6% compared to last year, with homes spending an average of 12 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lakeland
There are currently 3 homes listed for sale in Lakeland, New York. The median listing price is $270K.
Active listings
3
Homes on market
Median list price
$270K
Avg. days on market
12
Days until sale
New this week
5
Newly listed
Who lives in Lakeland?
Population
2,344
Median income
$89,405/yr
Median age
51 years
Owner-occupied
79.8%
College grads
26.2%
Avg commute
18.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Lakeland?
Lakeland is a community of approximately 2K residents with a median age of 51 years.The median household income is $89,405, which reflects a relatively affluent area with strong earning potential. 26.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.7 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 cities are near Lakeland, NY?
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 $369,900, up 9.6% from last year.
How long do homes stay on market in Lakeland?
Homes typically spend 12 days on market before going under contract.
What is the median income in Lakeland?
The median household income is $89,405 per year.
Is Lakeland a buyer's or seller's market?
With 1.0 months of supply, Lakeland is currently a strong seller's market.
What is the median condo price in Lakeland?
The median condo/co-op sale price in Lakeland, NY is $369,950, compared to $209,900 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lakeland?
The median single-family home price in Lakeland, NY is $209,900 (about $130 per square foot).
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