Who Has The Advantage?
A Balanced Market
4.3 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 4.3 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
Lakeland Housing Market
November 2026 Update
Updated November 9, 2026
Lakeland homes sold for a median of $323,082 as of November 9, 2026, up 0.6% from the same 90-day period a year earlier. In Lakeland, the typical home took 39 days to sell, counting total time on market, and 1,169 homes were for sale as of November 9, 2026.
See What Your Home Is WorthThis Week's Florida Market Report
Florida Housing Market Update November 9, 2026: Rates at 6-Week Low, Homes Selling Faster
Market Pulse This Week In Lakeland
As of November 9, 2026
Weekly activity across Lakeland, FL.
1,169
Homes For Sale
Active inventory buyers can choose from
210
New In The Last 30 Days
Listings newly added to the market
19
Price Changes
Homes that changed price this week
13
Went Under Contract
Homes that found a buyer this week
0
Back On Market
Homes returned for sale this week
What Are Homes Selling For?
$323,082
Typical Sale Price
$179
Typical Price Per Sq. Ft.
99.3%
Of Asking Price
At Lakeland's typical close-to-list ratio, a home listed at $500,000 would have sold for about $497,000.
How Long Does It Take?
39 days
Typical Time To Sell
6.1%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
Are Sellers Changing Their Prices?
As of November 9, 2026
58.3%
Of Homes For Sale Are Below Their Original Asking Price
19
Price Changes This Week
360
Price Changes In The Last 30 Days
1.6%
Share Of Inventory That Changed Price This Week
$15,815 (4.8%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Who Has The Advantage?
A Balanced Market
4.1 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 4.1 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
What Are Homes Selling For?
$338,851
Typical Sale Price
$184
Typical Price Per Sq. Ft.
99.3%
Of Asking Price
At Lakeland's typical close-to-list ratio, a home listed at $500,000 would have sold for about $497,000.
How Long Does It Take?
40 days
Typical Time To Sell
5.8%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
Are Sellers Changing Their Prices?
As of November 9, 2026
58.4%
Of Homes For Sale Are Below Their Original Asking Price
16
Price Changes This Week
299
Price Changes In The Last 30 Days
1.7%
Share Of Inventory That Changed Price This Week
$17,273 (4.6%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$318.7K -> $333.9K Up 4.8% over the last 12 months
The typical sale price moved from $318,721 in Nov 2025 to $333,934 in Oct 2026, up $15,213.
Who Has The Advantage?
Buyers Have More Negotiating Power
7.8 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 7.8 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
How Long Does It Take?
8.5%
Share Of Homes Listed Before
Are Sellers Changing Their Prices?
As of November 9, 2026
62.7%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
13
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$13,612 (7.4%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$194K -> $190.1K Down 2.0% over the last 12 months
The typical sale price moved from $194,000 in Nov 2025 to $190,080 in Oct 2026, down $3,920.
Who Has The Advantage?
There were not enough recent sales to judge the balance of this market.
How Long Does It Take?
16.7%
Share Of Homes Listed Before
Are Sellers Changing Their Prices?
As of November 9, 2026
50.0%
Of Homes For Sale Are Below Their Original Asking Price
0
Price Changes This Week
2
Price Changes In The Last 30 Days
0.0%
Share Of Inventory That Changed Price This Week
$17,167 (9.2%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$340K -> $183K Down 46.2% over the last 12 months
The typical sale price moved from $340,000 in Nov 2025 to $183,000 in Aug 2026, down $157,000.
Who Has The Advantage?
A Balanced Market
5.9 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 5.9 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
How Long Does It Take?
4.5%
Share Of Homes Listed Before
Are Sellers Changing Their Prices?
As of November 9, 2026
47.7%
Of Homes For Sale Are Below Their Original Asking Price
1
Price Changes This Week
10
Price Changes In The Last 30 Days
2.3%
Share Of Inventory That Changed Price This Week
$12,698 (5.2%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$248.6K -> $175K Down 29.6% over the last 12 months
The typical sale price moved from $248,589 in Nov 2025 to $175,000 in Oct 2026, down $73,589.
Who Has The Advantage?
Sellers Have The Advantage
3.8 months
Months Of Homes For Sale
If no new homes came up for sale, it would take about 3.8 months to sell the homes currently available.
Real estate term: Months of Supply
SellersBalancedBuyers
What Are Homes Selling For?
$182,499
Typical Sale Price
$143
Typical Price Per Sq. Ft.
98.4%
Of Asking Price
At Lakeland's typical close-to-list ratio, a home listed at $500,000 would have sold for about $492,000.
How Long Does It Take?
43 days
Typical Time To Sell
6.3%
Share Of Homes Listed Before
Some homes are relisted, which restarts the clock on most sites. This counts total time on market.
Are Sellers Changing Their Prices?
As of November 9, 2026
59.5%
Of Homes For Sale Are Below Their Original Asking Price
2
Price Changes This Week
36
Price Changes In The Last 30 Days
1.8%
Share Of Inventory That Changed Price This Week
$14,705 (7.2%)
Typical Reduction Among Reduced Listings
More sellers changing their asking price can be a sign that buyers are being selective.
Where Have Prices Been Going?
As of November 9, 2026
$183.3K -> $176.4K Down 3.8% over the last 12 months
The typical sale price moved from $183,313 in Nov 2025 to $176,356 in Oct 2026, down $6,957.
See What Your Property Could Be Worth Today
The market statistics above describe the Lakeland market. Enter your property address in Lakeland, FL for a property-specific estimate based on your home, not the blended market averages.
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Why Can The Numbers Sometimes Jump Around?
Not every home is the same, so if more large or expensive homes sell in a given month, the typical sale price can rise even when the market has not really changed.
1,734 sq ft
Typical Size Of Homes Sold
15.4%
New Construction
Mix By Property Type
- Single Family150 (85.7%)
- Manufactured20 (11.4%)
- Townhome3 (1.7%)
- Condo2 (1.1%)
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Questions About The Lakeland Real Estate Market
As of November 9, 2026, the median sale price in Lakeland was up 0.6% year over year compared with the same 90-day period a year earlier, and active inventory was up 28.6% year over year.
As of November 9, 2026, the median closed sale price in Lakeland was $323,082.
As of November 9, 2026, the typical home in Lakeland took 39 days to sell, counting total time on market.
As of November 9, 2026, Lakeland had 4.3 months of supply, which is in the balanced range. As a rule of thumb, under 4 months tends to favor sellers, 4 to 6 is balanced, and over 6 tends to favor buyers. For a property-specific estimate, use the free HomeJam home valuation.
Selling costs depend on your sale price, your mortgage payoff and how you choose to sell. HomeJam's free seller net sheet estimates your net proceeds for a home in Lakeland, and HomeJam's guided selling option starts at 1% of the sale price.
About This Data
Market statistics are calculated using MLS data for Lakeland, FL.
Data is updated weekly. Last updated November 9, 2026.
Listing data provided by participating MLS sources.