The Southwest Lakeland housing market is somewhat competitive. The median sale price of a home in Southwest Lakeland was $245K last month, down 14.0% since last year. The median sale price per square foot in Southwest Lakeland is $275, up 27.6% since last year.
What is the housing market like in Southwest Lakeland today?
In December 2024, Southwest Lakeland home prices were down 14.0% compared to last year, selling for a median price of $245K. On average, homes in Southwest Lakeland sell after 43 days on the market compared to 16 days last year. There were 8 homes sold in December this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$245,000
-14.0% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Southwest Lakeland, FL
$245,000
-14.0%
United States
To compare other locations to the Southwest Lakeland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lakeland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Southwest Lakeland
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How hot is the Southwest Lakeland housing market?
Southwest Lakeland is somewhat competitive. Homes sell in 43 days.
0
100
61
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 43 days.
Hot homes
can sell for around list price and go pending in around 17 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.1%
+8.0 pt YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Southwest Lakeland, FL
98.1%
+8.0 pt
United States
View houses in Southwest Lakeland that sold recently
Learn about schools in the Southwest Lakeland area
Elementary
Middle
High
GreatSchools Rating
5/10
Southwest Elementary School
Public • PreK-5
375
Students
6 reviews
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 Southwest Lakeland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Lakeland.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Lakeland has a minor risk of flooding. 94 properties in Southwest Lakeland are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Southwest Lakeland. Flood risk is increasing slower than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Lakeland has a moderate risk of wildfire. There are 195 properties in Southwest Lakeland that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in Southwest Lakeland.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Lakeland has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Lakeland is most at risk from hurricanes. 994 properties in Southwest 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 138 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 152 mph.
77% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Southwest Lakeland has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 77% of homes in Southwest Lakeland have a Severe Heat Factor®.
Southwest Lakeland is expected to see a 242% increase in the number of days over 108ºF over the next 30 years. Southwest Lakeland is expected to experience 10