Lakeland, FL 33812 Real Estate Market Report

ZIP Code: 33812
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Lakeland, FL (ZIP: 33812) currently stands at $371,500, reflecting a market that has seen some fluctuations in value. The overall trend indicates a cooling from previous highs, as evidenced by a slight decrease in home values. The market appears to be transitioning toward a neutral environment, characterized by longer days on market, with properties averaging 261 days before sale. This suggests a shift in buyer sentiment and market dynamics, where elevated inventory levels are contributing to a more balanced market temperature.

Despite the elevated inventory levels, the median listing price is notably higher at $449,000, indicating a potential pricing friction between seller expectations and buyer willingness. The moderate sales activity, coupled with a 6.00% interest rate for 30-year fixed mortgages—lower than the previous year's average—may provide some support for buyers, although the overall market remains cautious with a down trend in rental prices. This environment suggests that while there are opportunities for buyers, they may need to navigate a landscape of longer transaction times and pricing adjustments.

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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

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.

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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 around 6.00% are 0.87% lower than the 6.87% average seen one year ago in February 2025.

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. $371,500 is the current median sold price, indicating a market that has seen some fluctuations in value.

2. The median days on market is 261, suggesting slower sales velocity and a shift toward a more balanced market.

3. Elevated inventory levels relative to sales activity may indicate excess supply, contributing to a neutral market temperature.

4. The median listing price of $449,000 suggests pricing friction between seller expectations and buyer willingness.

5. Current interest rates at 6.00% are lower than last year, which may support buyer activity despite a down trend in rental prices.

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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.