The housing market in 33805 Lakeland, FL is booming right now. The median housing value in the area is $210,600, which is substantially lower than the US median of $338,100. However, over the past year, there has been an impressive 19.81% appreciation rate in Lakeland - much higher than the US average of 8.27%. This indicates that homes are increasing in value at a rapid rate and it could be a great time to invest in the area.
The median home cost in Lakeland (zip 33805) is $210,600. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Lakeland (zip 33805) is up 25.4%.
Average Age of Homes
- The median age of Lakeland (zip 33805) real estate is 35 years old
The Rental Market in Lakeland (zip 33805)
- Renters make up 43.0% of the Lakeland (zip 33805) population
- 2.2% of houses and apartments in Lakeland (zip 33805), 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.