Is Polk City, FL 33868 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Polk City is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score9/ 100

More competitive than 3% of U.S. ZIP codes, and #658 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

Months of supply7.5Under 4 months = seller’s market
Sold above original list8%Share of sales, last 3 months
Median sale-to-list95%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$201▼ −5.0% vs. last year

The Polk City housing market right now

In the three months ending August 31, 2026, 8% of homes in Polk City, FL 33868 sold above their list price, the typical home went under contract in 80 days and there were 7.5 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 26 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (62 days then) and the median sale price fell 18% to $314,864. Overall, Polk City is about as competitive as it was a year ago.

Within Polk County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Polk City ranks #658 of 796 FL ZIP codes with enough sales (score 9 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.

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 →

Where Polk City is

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Questions about Polk City real estate

Is Polk City a buyer’s or seller’s market?

A buyer’s market: there were 7.5 months of supply in Polk City, FL 33868 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 Polk City?

The typical home went under contract in 80 days in the latest three months.

Do homes in Polk City sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.

What are property taxes in Polk City?

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 Polk City?

The median sale price was $314,864 in the three months ending August 31, 2026, about $201 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