The housing market in the Lakeland-Winter Haven, FL Metro Area is flourishing. The median value of a house in this area is $312,500, which is much lower than the US median house value of $338,100. In the last year alone, the appreciation rate for houses in this area has grown by an impressive 23.86%, compared to the national average of 8.27%. This strong growth in real estate values makes Lakeland-Winter Haven an attractive option for those looking to invest or purchase a home.
The median home cost in Lakeland-Winter Haven Metro Area is $312,500. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Lakeland-Winter Haven Metro Area is up 25.6%.
Average Age of Homes
- The median age of Lakeland-Winter Haven Metro Area real estate is 29 years old
The Rental Market in Lakeland-Winter Haven Metro Area
- Renters make up 23.8% of the Lakeland-Winter Haven Metro Area population
- 1.4% of houses and apartments in Lakeland-Winter Haven Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.