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Lakeland, FL 33805 Real Estate Market Report

ZIP Code: 33805
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The housing market in Lakeland, FL is currently characterized by a median sold price of $249,900, reflecting a stable market environment. This price point indicates a balanced transaction activity, as it aligns closely with the median listing price of $277,000, suggesting that sellers are adjusting expectations to meet buyer demand. The market has shown a flat price trend year-over-year, indicating a period of stabilization rather than growth or decline.

However, homes are taking longer to sell, with a median days on market of 322 days, which points to a slower sales velocity. The inventory situation appears to be one of elevated inventory levels, providing buyers with more options and leverage in negotiations. This shift towards a more balanced market may suggest that buyers are becoming more discerning, impacting overall liquidity in the market.


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.

Analysis Window
90 Days
Total Properties Analyzed
94
Active Listings
57
Sold Properties
37

Market Metrics

Median Listing Price
$277,000
Median Sold Price
$249,900
Median Price per Sqft
$177/sqft

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.


Rental Market

Median Market Rent
$1,650
Rent Range
$990 - $2,080

Property Taxes

Property Tax Rate
0.73%

Liquidity & Velocity

Median Days on Market
322
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price of $249,900 indicates a stable market, aligning closely with seller expectations.

  2. Homes are experiencing a median days on market of 322 days, reflecting a slower sales velocity and potential buyer hesitation.

  3. The median listing price of $277,000 suggests that sellers are adjusting their expectations to meet current market conditions.

  4. With elevated inventory levels, buyers have more leverage, potentially leading to increased negotiation power on price and terms.

  5. The median market rent stands at $1,650, which has shown a down trend year-over-year, indicating a softening rental market.


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.

Recent Transactions

5115 Deeson Pointe Ct, Lakeland, FL 33805
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
3 baths
2,860 sqft
$489,000
Mar 1, 2026
$171/sqft/sqft
107 days on market
6261 Great Bear Dr, Lakeland, FL 33805
Market Benchmark

Sold at market average

3 beds
2 baths
2,102 sqft
$389,900
Jan 1, 2026
$185/sqft/sqft
294 days on market
1407 Edgewater Beach Dr, Lakeland, FL 33805
Quick Flip

Sold below market average

3 beds
2 baths
2,732 sqft
$375,000
Mar 1, 2026
$137/sqft/sqft
512 days on market
1664 Bayview Dr, Lakeland, FL 33805
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
864 sqft
$219,950
Mar 1, 2026
$255/sqft/sqft
119 days on market
224 Crevasse St, Lakeland, FL 33805
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
874 sqft
$219,000
Jan 1, 2026
$251/sqft/sqft
113 days on market
827 Lafayette Ln, Lakeland, FL 33805
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,276 sqft
$214,000
Mar 1, 2026
$168/sqft/sqft
1109 Neville Ave, Lakeland, FL 33805
Quick Flip

Sold below market average

2 beds
1 baths
912 sqft
$25,000
Mar 1, 2026
$27/sqft/sqft
524 days on market
3130 Tenoroc Mine Rd, Lakeland, FL 33805
Quick Flip

Sold below market average

3 beds
2 baths
1,998 sqft
$5,000
Feb 1, 2026
$3/sqft/sqft
259 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

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