Lakeland, TN
Housing market overview · Updated weekly
$330,000median sale price
Homes sold
11
Last 12 weeks
Days on market
32
Average pace
Active listings
64
5.8 months supply
Sale-to-list
100.1%
Above asking
The Lakeland housing market is currently classified as a balanced market with a median sale price of $330,000. Prices have fallen 25.8% compared to last year, with homes spending an average of 32 days on market, indicating 5.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lakeland
There are currently 64 homes listed for sale in Lakeland, Tennessee. The median listing price is $589K.
Active listings
64
Homes on market
Median list price
$589K
Avg. days on market
32
Days until sale
New this week
28
Newly listed
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Frequently asked questions
What is the average home price in Lakeland?
The median home sale price in Lakeland is $330,000, down 25.8% from last year.
How long do homes stay on market in Lakeland?
Homes typically spend 32 days on market before going under contract.
Is Lakeland a buyer's or seller's market?
With 5.8 months of supply, Lakeland is currently a balanced market.
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