Lakeland, FL Real Estate & Property Data

Lakeland Real Estate Market Trends
Last Updated: April 23, 2024

To gain insights into Lakeland, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Lakeland real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 4,612 residential properties have been sold in Lakeland, FL over the past year, with a median home price of $323,500. Additionally, 41.26% of homes in Lakeland are equity rich, while 0.79% of homes are seriously underwater. There have been 38 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Lakeland, Florida, you can rely on ATTOM, your go-to source for Lakeland property reports and real estate data.

Lakeland Real Estate Market Trends
Total Residential Properties 84,327
Total Commercial Properties 6,185
Avg. Home Age (Single Family Home) 39 Years
Avg. Square Feet (Single Family Home) 1,788
Total 2024 Residential Sales (year-to-date) 561
% of Homes Seriously Underwater (Q2 2024) 0.79%
Total 2023 Residential Sales 4,307
% of Equity Rich Homes (Q2 2024) 41.26%
Effective 2023 Property Tax 0.78%
Total Foreclosure Filings (year-to-date) 71
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Lakeland, FL Real Estate Overview

Lakeland, FL saw 4,612 residential properties being sold in the past year, with a median home value of $313,467. The city of Lakeland has a total of 84,327 residential properties, spread across 3766 streets and 9 zip codes.

Median Sales Price i
$323,500
(Feb 2024)
+2.7%
year-over-year
y-o-y
  • February '24 Feb '24 $323,500
  • January '24 Jan '24 $308,750
  • December '23 Dec '23 $300,000
  • November '23 Nov '23 $316,000
  • October '23 Oct '23 $315,000
  • September '23 Sep '23 $325,000
  • August '23 Aug '23 $329,000
  • July '23 Jul '23 $325,000
  • June '23 Jun '23 $336,250
  • May '23 May '23 $319,500
  • April '23 Apr '23 $309,500
  • March '23 Mar '23 $314,500
Median Down Payment i
$27,000
(Feb 2024)
+7.5%
year-over-year
y-o-y
  • February '24 Feb '24 $27,000
  • January '24 Jan '24 $37,100
  • December '23 Dec '23 $38,550
  • November '23 Nov '23 $27,750
  • October '23 Oct '23 $55,490
  • September '23 Sep '23 $28,500
  • August '23 Aug '23 $29,250
  • July '23 Jul '23 $34,349
  • June '23 Jun '23 $26,969
  • May '23 May '23 $33,000
  • April '23 Apr '23 $34,800
  • March '23 Mar '23 $28,000
Number of Homes Sold i
260
(Feb 2024)
+0.8%
year-over-year
y-o-y
  • February '24 Feb '24 260
  • January '24 Jan '24 301
  • December '23 Dec '23 337
  • November '23 Nov '23 281
  • October '23 Oct '23 414
  • September '23 Sep '23 355
  • August '23 Aug '23 377
  • July '23 Jul '23 372
  • June '23 Jun '23 368
  • May '23 May '23 452
  • April '23 Apr '23 379
  • March '23 Mar '23 458
Number of Purchase Loans i
165
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 165
  • January '24 Jan '24 200
  • December '23 Dec '23 216
  • November '23 Nov '23 186
  • October '23 Oct '23 209
  • September '23 Sep '23 192
  • August '23 Aug '23 244
  • July '23 Jul '23 234
  • June '23 Jun '23 238
  • May '23 May '23 274
  • April '23 Apr '23 243
  • March '23 Mar '23 277
Number of REFI Loans i
160
(Feb 2024)
+60%
year-over-year
y-o-y
  • February '24 Feb '24 160
  • January '24 Jan '24 170
  • December '23 Dec '23 151
  • November '23 Nov '23 118
  • October '23 Oct '23 204
  • September '23 Sep '23 189
  • August '23 Aug '23 191
  • July '23 Jul '23 161
  • June '23 Jun '23 155
  • May '23 May '23 132
  • April '23 Apr '23 117
  • March '23 Mar '23 161
Number of HELOC Loans i
52
(Feb 2024)
-5.5%
year-over-year
y-o-y
  • February '24 Feb '24 52
  • January '24 Jan '24 53
  • December '23 Dec '23 43
  • November '23 Nov '23 52
  • October '23 Oct '23 73
  • September '23 Sep '23 71
  • August '23 Aug '23 77
  • July '23 Jul '23 57
  • June '23 Jun '23 76
  • May '23 May '23 92
  • April '23 Apr '23 65
  • March '23 Mar '23 75

Lakeland, FL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Lakeland, FL Foreclosure Activity

There were a total of 38 Lakeland, FL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 22 Lakeland, FL properties and repossessed 5 Lakeland, FL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
38
(Feb 2024)
+72.7%
year-over-year
y-o-y
  • February '24 Feb '24 38
  • January '24 Jan '24 33
  • December '23 Dec '23 22
  • November '23 Nov '23 46
  • October '23 Oct '23 28
  • September '23 Sep '23 51
  • August '23 Aug '23 33
  • July '23 Jul '23 32
  • June '23 Jun '23 43
  • May '23 May '23 65
  • April '23 Apr '23 32
  • March '23 Mar '23 30
Foreclosure Starts i
22
(Feb 2024)
+29.4%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 28
  • December '23 Dec '23 21
  • November '23 Nov '23 34
  • October '23 Oct '23 20
  • September '23 Sep '23 36
  • August '23 Aug '23 29
  • July '23 Jul '23 25
  • June '23 Jun '23 31
  • May '23 May '23 46
  • April '23 Apr '23 28
  • March '23 Mar '23 21
Completed Foreclosures (REOs) i
5
(Feb 2024)
  • February '24 Feb '24 5
  • January '24 Jan '24 2
  • December '23 Dec '23 6
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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