Lakeland, FL housing market: home values, sales and rents
The typical home value in the Lakeland, FL metro area was $295,502 in September 2026, down 2.2% over a year and up 15.7% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 98.5% of their asking price, with 6.5 months of supply on the market. Typical rent was $1,814 a month. Our simple reading of these numbers: buyer's market leaning.
Updated November 04, 2026.
Reading: Buyer's market leaning
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $295,502 | -2.2% | September 2026 |
| Typical value — lower-priced third | $206,834 | -2.1% | September 2026 |
| Typical value — higher-priced third | $398,870 | -1.9% | September 2026 |
| Median sale price | $294,000 | -2.0% | August 2026 |
| Median list price | $325,000 | -4.1% | September 2026 |
| Sale price vs asking price | 98.5% | +0.2 pts | August 2026 |
| Homes sold above asking | 16% | -0.8 pts | August 2026 |
| Homes sold (month) | 793 | -5.5% | September 2026 |
| New listings (month) | 1,057 | +10.4% | September 2026 |
| Homes for sale | 5,191 | -1.8% | September 2026 |
| Months of supply | 6.5 months | +0.2 | September 2026 |
| Sales-to-new-listings ratio | 75% | -12.7 pts | September 2026 |
| Days to an accepted offer (median) | 43 days | -10.0 | September 2026 |
| Typical rent (all homes) | $1,814 | +0.9% | September 2026 |
| Zillow market heat index buyer's market on Zillow's scale (0–100) | 32 | -1.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 32 of 100: buyer's market on Zillow's scale (0–100).
- 6.5 months of supply: plenty of choice for buyers.
- The typical home sells at 98.5% of its asking price.
- Homes sold equal 75% of new listings this month, slower than this city's usual pace (99% on average since 2018).
- Typical home value down 2.2% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
Nearby: other places in FL
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Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.