Sell My House Fast in Lakeland, Florida with an iBuyer

Lakeland Real Estate Market Overview

Average Monthly Rent:

$1,360

Percentage Change in Home Price/Value:

30%

Median Home Value:

$318,500

Best Time To Sell Home:

September

Affordability Index:

149

Days To Sell House:

51

Job Market:

Fair

Public School Ranking:

18

Location and Weather

Located along I-4, between Tampa and Orlando lies the historic city of Lakeland. Lakeland was built around 38 named lakes, providing its residents with scenic views from almost every part of the city. This is a laid-back community that sports an abundance of shops, family owned restaurants, pubs, fine-dining options and breweries that fill the historic brick buildings built here.

The weather is consistently warm, reaching temperatures in the 90s during the month of August.

Population, Job Market and Cost of Living

Lakeland has a population of 117,281, with a growth rate of 1.58% annually. The job market has increased by 2.9% over the last year. In ten years, job growth is predicted to be 42.5%. This city is home to the largest collection of Frank Lloyd Wright architecture and has a lively Historic and Antiques district. Throughout this location residents and tourists will find antique dealers, specialty stores, art galleries, and museums. Lakeland is also home to Florida Southern College, which attracts the likes of young professionals and families.

Manufacturing, distribution, health care and tourism lead the economy in this city. Lakeland is an affordable place to live and visit. The cost of living here is much lower than the majority of the cities in Florida.

Hottest Neighborhoods:

Beacon Hill, South Lake Morton, Camphor, Lake Hollingsworth, Cleveland Heights Golf Course

Average Monthly Rent in Lakeland

The average monthly rent in Lakeland is $1,360 for an average apartment size of 969 sq. feet.

Change in Home Value and Median Home Value

There has been a 30% increase in Lakeland’s median home value over the last year. As of 2022, the median home value is $318,500.

Days to Sell a House

On average, homes in Lakeland sell after 51 days on the market.

Best Time to Sell a House in Lakeland

Homeowners in Lakeland should sell their home during September if they’re looking to earn the highest profit in the shortest amount of time.

Affordability Index

The affordability index in Lakeland is 149. This number indicates high affordability in this city.

Lakeland Public School Ranking

The top ranked public schools are McKeel Academy of Technology, Lakeland Senior High School, George W. Jenkins Senior High, Lake Wales Senior High School and Fort Meade Middle/Senior High School. This information derives from data regarding college readiness, math and reading proficiency and performance, and graduation rate.

Richard G.

2434 Summitview Dr, Lakeland, FL 33812

"Going to small local home flippers will always get you a low offer"

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