Lakeland, FL 33803 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Lakeland, FL — 33803
Market Hotness
48
Hotness Rank
#6,891
Hotness Score
48
Supply Score
22
Demand Score
74
DOM vs US
+15.5%
Slower
Price vs US
79%
Below avg
Median Listing Price
$338K
Population
29,321
Households
340,748
Median Days on Market
69
Active Listings
103
New Listings
44
Housing Market
Pricing
Median Listing Price
$338K
-3.2% YoY
Average Listing Price
$484K
+6.8% YoY
Price per Sq Ft
$208
-3.6% YoY
Median Sq Ft
1,611
-4.2% YoY
Inventory
Active Listings
103
-25.4% YoY
New Listings
44
0.0% YoY
Total Listings
154
-18.1% YoY
Buyer Competition
Pending Listings
51
+5.1% YoY
Pending Ratio
0.50
+14.4% YoY
Median Days on Market
69
+14.6% YoY
Price Reduced
22.0%
-7.4% YoY
Units & Occupancy
2024 Occupancy
341K
units
Occupied
289,425
84.9%
Vacant
51,323
15.1%
2024 Tenure
289K
occupied
Owner
203,945
70.5%
Renter
85,480
29.5%
Renter Share
29.5%
-1.5% YoY
Total Housing Units
340,748
+3.3% YoY
FY2026 Fair Market Rent — Polk County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,226
/month
1 BR
$1,230
/month
2 BR
$1,497
/month
3 BR
$2,023
/month
4 BR
$2,511
/month
FMR Trends — Polk County
Source: HUD Fair Market Rents
Demographics
Median Age
39.5
2024
Population
ZIP Population
29,321
+0.9% YoY
Polk County Population
852,878
+3.5% YoY
Households
Total Households
289,425
+4.6% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.68
-0.4% YoY
Age
2024 Age Mix
791K
residents
Under 18
173,947
22.0%
Adults 18–64
462,554
58.5%
65 & Over
154,193
19.5%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
173,947
+3.6% YoY
Population 65 & Over
154,193
+3.0% YoY
Median Age
39.50
-0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
86.3%
Moved (within US)
12.9%
Other
0.8%
Veterans
7.2%
-6.5% YoY
Economy
Income
Median Household Income
$66K
+3.7% YoY
Per-Capita Income
$33K
+4.1% YoY
Mean Household Income
$87K
+4.1% YoY
Poverty
Below Poverty Level
14.5%
-1.4% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
77.4%
Public transit
0.3%
Worked from home
10.8%
Other
11.5%
Worked From Home
12.4%
+14.8% YoY
Mean Commute
30.50
+1.0% YoY
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