Housing in Lakeland, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$312,000

Median List Price

$319,945

Price Per Sq Ft

$190

Days on Market

59

Active Inventory

442

Months of Supply

4.9

Balanced market

Zillow Home Value

$306,505

ZHVI — January 2026

Zillow Rent Index

$1,683

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.2%List Price 6.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

8.8%

Off Market in 2 Weeks

31.8%

Sale-to-List Ratio

96.9%

Buyer's market

Sold Above Asking
8.8%
Under Contract in 2 Wks
31.8%
Listings with Price Drops
32.1%

Market Activity

Source: Redfin

Homes Sold

91

New Listings

154

Pending Sales

129

Homes Sold 42.0%New Listings 14.9%Pending 37.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$190

Median List $/SF

$196

Sale $/SF 1.1%List $/SF 0.5%Mar 24Jan 26

Lakeland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Lakeland is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$229,100

Median Rent

$1,299

Total Housing Units

53,926

Vacancy Rate

14.1%

Owner Occupied

56.1%

Renter Occupied

43.9%

Median Property Tax

$1,669

per year

Monthly Cost (w/ Mortgage)

$898

Housing Types

Single Family
54.5%
Multi-Family
31.0%
Mobile Home
14.5%

The current median sale price in Lakeland, FL is $312,000 according to Redfin data. Homes spend a median of 59 days on the market. 8.8% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $190. Zillow's observed rent index is $1,683/month. About 56.1% of housing units are owner-occupied. The median year homes were built is 1981. There are 53,926 total housing units.