The typical home value in
Southwest Lakeland
is projected to be
$247,750
for the month of
July.
June’s
finalized data reported the typical value of a home in the
neighborhood
to be
$270,000—down
19.7%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$315,000
in
Lakeland
for the most recent reporting period.
That number is expected to float around
$313,000
in
July.
Southwest Lakeland
had
18
new listings and
10
listings that went under contract in
June,
increasing
the area’s total available inventory to
11—up
10.0%
from the previous month. Inventory is projected to have further
increased
in
July.
The median listing price for homes in
Southwest Lakeland
fell
0.07%
from
May
to
June,
bringing the current median listing price to
$339,950.
Based on projected data for
July,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
June 2025,
the median time for a listed property to go pending was
25.5
days, compared to
29
days in
June 2024.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
July.
