Is Lakeland, FL 33801 a buyer’s or seller’s market?
Lakeland is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 25% of U.S. ZIP codes, and #196 of 796 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, 15% of homes in Lakeland, FL 33801 sold above their list price, the typical home went under contract in 39 days and there were 7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 62 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold faster (41 days then) and the median sale price fell 25% to $224,903. Overall, Lakeland is about as competitive as it was a year ago.
Within Polk County, homes here sell faster than in 93% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Lakeland ranks #196 of 796 FL ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at River Ranch 33867 (0% sold over asking) or Lakeland 33812 (2% sold over asking), while Eagle Lake 33839 (31% sold over asking) and Lake Wales 33853 (25% sold over asking) are even more competitive.
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Nearby markets
Auburndale 33823Balanced $185 /sq ftBabson Park 33827Balanced $216 /sq ftBartow 33830Seller’s market $178 /sq ftDavenport 33837Balanced $183 /sq ft Browse all markets →Towns like Lakeland nearby
Find towns like Lakeland in other states →Where Lakeland is
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Questions about Lakeland real estate
Is Lakeland a buyer’s or seller’s market?
A buyer’s market: there were 7 months of supply in Lakeland, FL 33801 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 39 days in the latest three months.
Do homes in Lakeland sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Lakeland?
About 0.73% of a home’s value a year in Polk County, or roughly $2,920 on a $400,000 home.
What is the median home price in Lakeland?
The median sale price was $224,903 in the three months ending August 31, 2026, about $190 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