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Lakeland Housing Market Report June 2025•Polk County, Florida

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Housing Prices in Lakeland, FL

How much do homes in Lakeland, FL cost?

Housing Market Conditions

Is Lakeland, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lakeland is a Buyer's Market

Difference Since June 2024

At the same time last year, Lakeland was a Seller's Market.

Insight

Lakeland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$323,356$197/SqFt
+$7,434
+2.4%

Based on all homes sold in the last 12 months

Insight

Homes in Lakeland have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Lakeland was $323,356 in June 2025, up 2.4% from last year, and the median price per square foot was $197.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Polk City
+3.8%
Lakeland
+2.4%
Plant City
-2.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$116.5K$120K
+3.0%
2$219.9K$235K
+6.9%
3$300.5K$310.1K
+3.2%
4$385K$395K
+2.6%
5$498.2K$495K
-0.7%

Summary: Lakeland housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.0%. The home price for 2 bedroom homes increased by +6.9%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +2.6%. The home price for 5 bedroom homes decreased by -0.7%.

How does Lakeland, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lakeland, FL

Housing supply in Lakeland, FL

How many homes are available in Lakeland, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,469Last MonthJun 2025
1,4832 months agoMay 2025
-0.9 %
Change MoMMay – Jun

Summary: The Lakeland real estate market had 1,469 homes for sale in Jun 2025, a 0.9 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
203Last MonthJun 2025
2652 months agoMay 2025
-23.4 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
199
0.0%
2244229
-6.1%
3713696
-2.4%
4407424
+4.2%
5110111
+0.9%

Summary: Lakeland housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -6.1%. The inventory for 3 bedroom homes decreased by -2.4%. The inventory for 4 bedroom homes increased by +4.2%. The inventory for 5 bedroom homes increased by +0.9%.

Asking Price vs. Sold Price

How much do homes in Lakeland, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price34 Homes

At Asking Price54 Homes

Under Asking Price115 Homes

Insight

If you're buying a home in Lakeland, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.

Summary: A total of 203 homes were sold or pending in Lakeland in June 2025, down by 23.4% month-over-month. Of the 203 sold homes, 57% were sold under asking, 27% were sold at asking, and and 17% were sold over asking.

Days on Market for Lakeland, FL

How long does it take to sell a home in Lakeland, FL?

Breakdown of Home Sale Times

Under 30 Days85 Homes

30 – 90 Days68 Homes

Over 90 Days50 Homes

Insight

Many homes in Lakeland are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 203 homes were sold in Lakeland; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
65 DaysThis YearJun 2025
45 Days1 year agoJun 2024
+42.8 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Lakeland had an average listing age of 65 days in Jun 2025, up by 42.8% compared to the previous year.

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Newest Listings in Lakeland, FL

What homes are available in Lakeland, FL?

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Nearby markets

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Stellar MLS, Miami MLS, Daytona Beach MLS, realMLS, and Space Coast MLS for the period 07/01/2023 - 07/01/2025

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 6:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXIDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2025 Daytona Beach Area Association of REALTORS Multiple Listing Services. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 6:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.