Housing Prices in Downtown Lakeland, FL
How much do homes in Downtown Lakeland, FL cost?
Median List Price
$358,510
$281/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Downtown Lakeland has increased by 7% since last year.
Summary: The median home list price in Downtown Lakeland was $358,510 in April 2024, up 7% from the previous year, and the median price per square foot was $281.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329.9K | $362.4K | +9.9% |
| 2 Bedrooms | $305K | - | N/A |
| 3 Bedrooms | $1.2M | $195K | -84.9% |
| 4 Bedrooms | $389K | $377.1K | -3.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Downtown Lakeland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 84.9%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Dixieland | $285K | $324.9K | +14.0% |
| Downtown Lakeland | $334.9K | $358.5K | +7.0% |
| South Lake Morton | $399K | $425K | +6.5% |
| North Lake Wire | $245K | $245K | 0.0% |
Housing Supply in Downtown Lakeland, FL
How many homes are available in Downtown Lakeland, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Summary: The Downtown Lakeland real estate market had 1 homes for sale in April 2024, a 100.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown Lakeland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Downtown Lakeland, FL
How long does it take to sell a home in Downtown Lakeland, FL?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 433 Days | 16 Days | -96.3% |
Summary: Homes in Downtown Lakeland had an average listing age of 16 days in Apr 2024, down by 96.3% compared to the previous year.
