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Market Snapshot

Median listing price
$349K

The median listing price in Lakeland, FL ZIP 33811 is $349,000 as of June 2026.

Median rent
$2,029/mo

The median market rent in Lakeland, FL ZIP 33811 is $2,029/month as of June 2026.

Days on market
258 days

The median days on market in Lakeland, FL ZIP 33811 is 258 days as of June 2026. The market is currently neutral.

Gross rental yield
6.98%

At a median list price of $349,000 and a median rent of $2,029/month, the gross rental yield in Lakeland, FL ZIP 33811 is 6.98% as of June 2026.

STR vs LTR
$1,958/mo STR · $2,029/mo LTR

In Lakeland, FL ZIP 33811, median Airbnb revenue is $1,958/month compared to median long-term rent of $2,029/month as of June 2026.

Lakeland, FL 33811 Real Estate Market Report

ZIP Code: 33811

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
132
Active Listings
67
Sold Properties
65

Market Metrics

Median Listing Price
$349,000
Median Sold Price
$307,350
Median Price per Sqft
$184/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
$2,029

Property Taxes

Property Tax Rate
0.86%

Liquidity & Velocity

Median Days on Market
258
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
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Key Findings

  1. The primary indicator of recent transactions is the median sold price of 307,350, which, when paired with a median listing price of 349,000, suggests a meaningful gap between asking and achieved prices and aligns with the reported down price year-over-year trend.
  2. Sales velocity is slow: the median days on market is 258, which appears to reflect slower transaction tempo and pricing friction rather than rapid turnover—this may indicate buyers have more negotiation leverage than during tighter market periods.
  3. Inventory dynamics suggest elevated inventory relative to sales activity in the analyzed sample, which, combined with the median price per square foot of 184, may pressure sellers to align asking prices with recent sold outcomes rather than holding out for premium pricing.
  4. Rental context is weakening relative to a prior period: the median market rent is 2,029 and rent year-over-year trend is down; with interest rate pressure at moderate, financing costs remain a constraining factor for buyer affordability and could dampen near-term price recovery.

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

2646 Old Medulla Rd, Lakeland, FL 33811
Top Sale

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

2 beds1 baths1,176 sqft
$800,000
May 1, 2026
$680/sqft/sqft
4925 Hamilton Rd, Lakeland, FL 33811
Premium

Sold above market average

4 beds2 baths1,884 sqft
$700,000
Apr 1, 2026
$372/sqft/sqft
1477 days on market
6482 English Creek Dr, Lakeland, FL 33811
Premium

Sold above market average

4 beds3 baths2,980 sqft
$650,000
Mar 1, 2026
$218/sqft/sqft
104 days on market
2143 Noretta Ln, Lakeland, FL 33811
Market Benchmark

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

2 beds2 baths1,188 sqft
$340,000
Apr 1, 2026
$286/sqft/sqft
605 days on market
5739 Grey Granite Way, Lakeland, FL 33811
Market Benchmark

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

4 beds2 baths1,812 sqft
$338,000
May 1, 2026
$187/sqft/sqft
134 days on market
6531 Newman Cir E, Lakeland, FL 33811
Market Benchmark

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

3 beds2 baths1,481 sqft
$335,000
Mar 1, 2026
$226/sqft/sqft
96 days on market
6301 Lunn Rd, Lakeland, FL 33811
Value

Sold below market average

2 beds1 baths1,040 sqft
$170,000
Mar 1, 2026
$163/sqft/sqft
1618 Colonnades Cir N, Lakeland, FL 33811
Value

Sold below market average

2 beds2 baths1,150 sqft
$102,500
Apr 1, 2026
$89/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

$164/mo
33811 Avg Rent
33811 Cost to Own
Rent$2,029
Own$1,865

20% down, 6.50% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33811 Avg nightly rate
33811 Avg occupancy (days/year)
Nightly rate$129/night
Occupancy153 of 365 days

Data Sources

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

Report generated: 6/1/2026

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