Lakeland, FL 33813 Real Estate Market Report

ZIP Code: 33813
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: 33813) stands at $386,500, reflecting the actual market transactions and providing a clearer picture of current property values. The market appears to be cooling toward a neutral stance, with elevated inventory levels contributing to a competitive environment, though the overall sales activity remains moderate. The median listing price of $449,000 indicates a notable gap between seller expectations and buyer willingness, suggesting potential pricing friction as the market adjusts to current conditions.

With a median days on market of 175, properties are experiencing slower sales velocity, which may indicate a shift in buyer sentiment or increased caution in purchasing decisions. The economic backdrop remains stable, supported by consistent demand for new construction, yet elevated interest rate pressure may further influence market dynamics. As the market temperature is classified as neutral, it suggests a balanced environment where buyers and sellers may find common ground, albeit with careful consideration of pricing and inventory levels.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 the Lakeland FL market average around 6.12% to 6.20%, which is slightly higher than the 6.12% average seen in early January 2026, indicating property owners locked in a marginally better rate recently.

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. $386,500 is the median sold price, indicating current market value based on actual transactions.

2. The median listing price of $449,000 suggests potential pricing friction as it exceeds the median sold price.

3. Properties are taking 175 days on average to sell, reflecting slower sales velocity in the current market.

4. The market temperature is classified as neutral, indicating a balanced environment for buyers and sellers.

5. Elevated interest rate pressure may impact future buyer sentiment and overall market activity.

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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.