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Market Snapshot

Median listing price
$268K

The median listing price in Lakeland, FL ZIP 33805 is $267,500 as of June 2026.

Median rent
$1,350/mo

The median market rent in Lakeland, FL ZIP 33805 is $1,350/month as of June 2026.

Days on market
329 days

The median days on market in Lakeland, FL ZIP 33805 is 329 days as of June 2026. The market is currently neutral.

Gross rental yield
6.06%

At a median list price of $267,500 and a median rent of $1,350/month, the gross rental yield in Lakeland, FL ZIP 33805 is 6.06% as of June 2026.

STR vs LTR
$1,424/mo STR · $1,350/mo LTR

In Lakeland, FL ZIP 33805, median Airbnb revenue is $1,424/month compared to median long-term rent of $1,350/month as of June 2026.

Lakeland, FL 33805 Real Estate Market Report

ZIP Code: 33805

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
88
Active Listings
39
Sold Properties
49

Market Metrics

Median Listing Price
$267,500
Median Sold Price
$223,000
Median Price per Sqft
$182/sqft

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
$1,350

Property Taxes

Property Tax Rate
1.04%

Liquidity & Velocity

Median Days on Market
329
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Lakeland, FL, average approximately 6.5%, reflecting a market environment where rates have remained elevated compared to the sub-4% levels seen in recent historical cycles.

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


Key Findings

  1. $223,000 median sold price is the primary indicator of current market value and recent transaction activity in ZIP 33805; with price year-over-year trend reported as up, this suggests ongoing modest appreciation even as overall market pace moderates.
  2. There is a notable spread between the median listing price $267,500 and the median sold price, which may indicate pricing friction where seller expectations exceed recent transaction levels and could be contributing to longer negotiation windows.
  3. The median days on market 329 points to materially slower sales velocity and may signal reduced liquidity or elongated marketing timelines for SFR and condo properties; combined with a market temperature described as neutral, this appears consistent with a more balanced, slightly buyer-favorable environment.
  4. Interest rate pressure is characterized as moderate, and local 30-year fixed mortgage rates are noted at approximately 6.5%, which, alongside a reported median market rent $1,350 and rent year-over-year trend down, suggests financing costs and softer rental demand are relevant considerations for investors and owner-occupiers when evaluating acquisitions.

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

2119 Peyto Way, Lakeland, FL 33805
Top Sale

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

3 beds2 baths1,515 sqft
$10,197,000
Mar 1, 2026
$6,731/sqft/sqft
2225 days on market
2431 Caspian Dr, Lakeland, FL 33805
Premium

Sold above market average

3 beds2 baths1,515 sqft
$10,197,000
Mar 1, 2026
$6,731/sqft/sqft
2225 days on market
2222 Caspian Dr, Lakeland, FL 33805
Premium

Sold above market average

3 beds2 baths1,461 sqft
$10,197,000
Mar 1, 2026
$6,979/sqft/sqft
1964 days on market
2951 Kathryn Ave, Lakeland, FL 33805
Market Benchmark

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

3 beds1 baths1,308 sqft
$239,900
Apr 1, 2026
$183/sqft/sqft
123 days on market
2362 Delrose Dr E, Lakeland, FL 33805
Market Benchmark

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

3 beds2 baths1,145 sqft
$235,000
Mar 1, 2026
$205/sqft/sqft
194 days on market
505 W 5th St, Lakeland, FL 33805
Market Benchmark

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

2 beds1 baths816 sqft
$227,000
Apr 1, 2026
$278/sqft/sqft
126 days on market
621 W 4th St, Lakeland, FL 33805
Value

Sold below market average

2 beds1 baths1,047 sqft
$76,800
Apr 1, 2026
$73/sqft/sqft
223 W Valencia St, Lakeland, FL 33805
Value

Sold below market average

2 beds2 baths1,798 sqft
$73,000
Apr 1, 2026
$41/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$39/mo
33805 Avg Rent
33805 Cost to Own
Rent$1,350
Own$1,389

20% down, 6.53% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33805 Avg nightly rate
33805 Avg occupancy (days/year)
Nightly rate$182/night
Occupancy97 of 365 days

Data Sources

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

Report generated: 6/1/2026

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