Lakeland, FL 33801 Real Estate Market Report

ZIP Code: 33801
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Lakeland housing market in ZIP 33801 has seen a median sold price of $250,000, indicating a shift towards stabilization as home values have decreased 8% since 2022. This decline reflects a broader trend of softening prices in the area, as evidenced by the median listing price of $262,450, which remains elevated compared to sold prices, suggesting potential pricing friction between seller expectations and market realities.

The market is characterized by median days on market of 214, indicating slower sales velocity and a shift towards a more balanced environment. Elevated inventory levels relative to sales activity suggest a market that is adjusting from peak seller conditions, with underlying demand supported by strong regional economic growth in Polk County. Overall, the market temperature is currently neutral, reflecting a balanced state between supply and demand.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Lakeland, FL average around 5.8% to 6.13% compared to a projected 2026 average of 6.2% to 6.28%, presenting a slight cost opportunity for property owners.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $250,000 indicates a significant pricing gap compared to the median listing price of $262,450, suggesting pricing friction in the market.

2. With median days on market at 214, properties are experiencing slower sales velocity, which may indicate a need for adjustments in pricing strategies.

3. The median market rent of $1,565 reflects a stable rental environment, although the down trend in rent year-over-year may impact investor sentiment.

4. Current interest rate pressure is elevated, with mortgage rates projected to average between 6.2% and 6.28% in 2026, potentially affecting buyer affordability.

5. The market's neutral temperature suggests a balanced state, with neither buyers nor sellers holding a distinct advantage, making it a cautionary time for both parties.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.