Is Lakeland, GA 31635 a buyer’s or seller’s market?
Lakeland is a seller’s market. With about 3.4 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 60% of U.S. ZIP codes, and #12 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lakeland housing market right now
In the three months ending August 31, 2026, 31% of homes in Lakeland, GA 31635 sold above their list price, the typical home went under contract in 34 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold more slowly (31 days then) and the median sale price rose 27% to $254,840. Overall, Lakeland is more competitive than a year ago, so tougher for buyers.
On our competition score, Lakeland ranks #12 of 371 GA ZIP codes with enough sales (score 58 out of 100).
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Questions about Lakeland real estate
Is Lakeland a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Lakeland, GA 31635 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lakeland?
The typical home went under contract in 34 days in the latest three months.
Do homes in Lakeland sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Lakeland?
About 1.00% of a home’s value a year in Lanier County, or roughly $4,000 on a $400,000 home.
What is the median home price in Lakeland?
The median sale price was $254,840 in the three months ending August 31, 2026, about $153 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology