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Market Snapshot

Median listing price
$330K

The median listing price in Lakeland, FL ZIP 33809 is $330,000 as of June 2026.

Median rent
$1,800/mo

The median market rent in Lakeland, FL ZIP 33809 is $1,800/month as of June 2026.

Days on market
276 days

The median days on market in Lakeland, FL ZIP 33809 is 276 days as of June 2026. The market is currently neutral.

Gross rental yield
6.55%

At a median list price of $330,000 and a median rent of $1,800/month, the gross rental yield in Lakeland, FL ZIP 33809 is 6.55% as of June 2026.

STR vs LTR
$1,600/mo STR · $1,800/mo LTR

In Lakeland, FL ZIP 33809, median Airbnb revenue is $1,600/month compared to median long-term rent of $1,800/month as of June 2026.

Lakeland, FL 33809 Real Estate Market Report

ZIP Code: 33809

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
122
Active Listings
59
Sold Properties
63

Market Metrics

Median Listing Price
$330,000
Median Sold Price
$277,000
Median Price per Sqft
$194/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
$1,800

Property Taxes

Property Tax Rate
0.54%

Liquidity & Velocity

Median Days on Market
276
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
elevated

Key Findings

  1. The primary market indicator is the median sold price $277,000, which reflects recent transaction activity and suggests realized pricing around this level in the neighborhood; given the market temperature is neutral, this price appears to represent a representative recent sale rather than an overheated peak or distressed trough.
  2. There is a meaningful spread between the median listing price $330,000 and the median sold price, which may indicate seller pricing expectations exceed recent transaction levels and could create pricing friction that slows deal execution if sellers do not adjust.
  3. Liquidity appears slow based on the median days on market 276, which suggests extended marketing periods and slower sales velocity; this aligns with a neutral market temperature and may require more aggressive pricing or concessions to accelerate transactions.
  4. Macro and rental context: the price year-over-year trend is up while the rent year-over-year trend is down and interest rate pressure is elevated; together these signals suggest continued buyer caution, potential downward pressure on investor demand, and limited upside from rental income in the near term.

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

1108 Fox Lake Dr, Lakeland, FL 33809
Top Sale

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

4 beds3 baths1,850 sqft
$900,000
Apr 1, 2026
$486/sqft/sqft
15383 Evans Ranch Rd, Lakeland, FL 33809
Premium

Sold above market average

3 beds2 baths3,225 sqft
$740,000
Mar 1, 2026
$229/sqft/sqft
291 days on market
1558 Yorkshire Trl, Lakeland, FL 33809
Market Benchmark

Sold at market average

3 beds4 baths3,375 sqft
$640,000
Mar 1, 2026
$190/sqft/sqft
149 days on market
219 Jenny Way, Lakeland, FL 33809
Market Benchmark

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

3 beds1 baths1,250 sqft
$315,000
Apr 1, 2026
$252/sqft/sqft
84 days on market
6054 Crane Dr, Lakeland, FL 33809
Market Benchmark

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

3 beds2 baths1,915 sqft
$313,000
Mar 1, 2026
$163/sqft/sqft
291 days on market
1042 Sharon Dr, Lakeland, FL 33809
Market Benchmark

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

3 beds2 baths1,218 sqft
$310,000
May 1, 2026
$255/sqft/sqft
11928 Rockridge Rd, Lakeland, FL 33809
Value

Sold below market average

3 beds1 baths960 sqft
$112,000
Apr 1, 2026
$117/sqft/sqft
9128 Hall Rd, Lakeland, FL 33809
Value

Sold below market average

2 beds1 baths816 sqft
$100,000
Mar 1, 2026
$123/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

$193/mo
33809 Avg Rent
33809 Cost to Own
Rent$1,800
Own$1,607

20% down, 6.50% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33809 Avg nightly rate
33809 Avg occupancy (days/year)
Nightly rate$155/night
Occupancy149 of 365 days

Data Sources

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

Report generated: 6/1/2026

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