33803, Lakeland, FL

Lakeland, FL is located in Polk County and has a population of over 171,000 people. The median home value in the 33803 zip code is $157,200 and the median home equity is $101,600. Home prices have increased by 5.5% since last year and home equity has increased by 7.2%.

The majority of homes in the 33803 zip code are owner-occupied and there are a total of 97 homes that are currently for sale. The average list price for a home in this zip code is $169,900 which is up from last year’s average list price of $161,400. There are currently 36 active listings in the 33803 zip code which represents an inventory of just under one month’s worth of inventory. The number of days on the market for a property in this zip code is currently at 31 days which indicates that there is strong demand for properties within this area.

The main reason that home prices have increased so much over the past year or so in Lakeland, FL is due to an increase in demand from buyers who are looking to purchase homes within this area. There has also been an increase in job growth within Polk County which has led to more people becoming eligible to purchase homes. Additionally, interest rates have remained relatively low throughout most of 2018 which has helped to drive up prices even further.