The Lakeland housing market is somewhat competitive. Homes in Lakeland receive 1 offers on average and sell in around 34 days. The median sale price of a home in Lakeland was $310K last month, up 3.4% since last year. The median sale price per square foot in Lakeland is $198, up 6.7% since last year.
What is the housing market like in Lakeland today?
In October 2024, Lakeland home prices were up 3.4% compared to last year, selling for a median price of $310K. On average, homes in Lakeland sell after 34 days on the market compared to 21 days last year. There were 117 homes sold in October this year, up from 99 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,300
+3.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lakeland, FL
$310,300
+3.4%
United States
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How hot is the Lakeland housing market?
Lakeland is somewhat competitive. Homes sell in 39.5 days.
0
100
53
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lakeland
Explore recent offers and recently sold homes in Lakeland
Recent offers
Winning Offer|
11 Weeks Ago
~$275K Offer
2bd | 1ba | ~1,000sqft
Under List Price
5%
Days on Market
34
Competing Offers
1
Down Payment
—
Zulma Machain
Lakeland Redfin Agent
Home is for Janice Horzempa who is moving from GA to be with her daughter and son in law (Louis Bungo) .
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lakeland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakeland.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakeland has a minor risk of flooding. 1,728 properties in Lakeland are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lakeland. Flood risk is increasing slower than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakeland has a moderate risk of wildfire. There are 25,901 properties in Lakeland that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in Lakeland.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lakeland has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakeland is most at risk from hurricanes. 39,068 properties in Lakeland have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 159 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 177 mph.