“Mike was very knowledgeable and attentive.”
Century 21 Legacy
- Agent Pronto
- Tennessee
- Lakeland
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Lakeland real estate Market Report.
Information and statistics on the latest trends in the Lakeland real estate market. *
Latest Rolling 3-Month Snapshot
Feb 1, 2026 - Apr 30, 2026
Median sale price
$475K
+23%
from
Q1 '26
Median list price
$589K
+3.4%
from
Q1 '26
Active listings
132
+4.8%
from
Q1 '26
Homes sold
48
+30%
from
Q1 '26
New pendings
68
+31%
from
Q1 '26
New listings
85
+12%
from
Q1 '26
Quarterly Pricing Trends for Lakeland
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Lakeland
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Lakeland
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Lakeland
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Lakeland
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Lakeland
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
19
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).
Lakeland currently leans toward sellers, with the market gauge signaling a seller’s market and about 3.9 months of supply in this rolling three-month view. Homes are taking a median of 29 days to go under contract, showing quicker movement than a year ago when days on market were notably higher.
Price trends look firm but not overheated, with the typical home value around $475,000 and up roughly 6% year over year. At the same time, the median list price is slightly lower than a year ago, and the average sale-to-list ratio sits just under 99%, indicating buyers still have some room to negotiate even as values rise.
Activity has picked up meaningfully compared with last year, as homes sold are up about 5% while new listings have climbed more than 19% and pending sales nearly 23%. With only about 15% of homes selling above list and roughly 37% going off the market within two weeks, both urgency and negotiating power vary by price point and condition. Agent Pronto can connect buyers who need help navigating these mixed signals and sellers who want to capitalize on current conditions with a local Lakeland agent who knows this market well.
Learn more about what Lakeland has to offer.
Lakeland offers residents a warm, family-friendly community with well-maintained parks, strong schools, convenient amenities, and a safe, close-knit atmosphere that supports an active, community-minded lifestyle.
Lakeland offers suburban convenience with quick access to Memphis along I‑40, yet maintains a quieter, residential character. Neighborhoods typically feature single family homes on wider lots, community lakes, and easy access to daily necessities, which appeals to both established residents and those relocating for work in nearby Memphis.
Outdoor amenities are a major draw. International Harvester Managerial Park provides trails, water views, and picnic areas, while the scenic Lakeland City Hall Park offers playgrounds and open space. Families value the highly regarded Lakeland Preparatory School and Lakeland Elementary School, along with youth programs coordinated through the city’s Parks & Recreation Department.
Daily life feels manageable. Groceries, healthcare, and casual dining are close by, with more extensive shopping and entertainment in nearby Bartlett and Arlington. Popular local spots such as Huey’s Lakeland and Memphis Zoo are within a reasonable drive, which broadens your options for weekends and evenings without sacrificing Lakeland’s calmer pace.
Whether you are upgrading within Shelby County or moving in from another city, an agent who understands Lakeland’s traffic patterns, school zones, lake communities, and upcoming development can simplify every decision. Agent Pronto connects you with a local real estate professional who can navigate pricing, timing, and negotiations so both buyers and sellers can move forward with less stress.
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“Brad not only found us a great house but set us up with insurance and a great fence company. Also continued to reach out to see if we needed anything. Brad was awesome helping us over the last month especially coming from a different state”
Century 21 Wright Realty
“Great experience with Brooke. This is the fourth time she's been involved with a purchase and selling of a home.”
Century 21 Legacy
“She kept me informed the whole way it went under contract within the first two weeks. We have some more property and after this year, we are going to list it. with her again, I will tell all my friends about her.”
Castle & Associates Real Estate
“Khristian was extremely helpful in buying my home. I truly felt at home and at ease working with him. He made sure I was aware of everything going on, and took me to every home I wanted to see.”
Keller Williams First Class Real Estate
“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”
Realty One Group Emerald Coast
“I strongly recommend Shawn Wright to my friends and other because he is outstanding and very knowledgeable. Also he is my agent to sale a mother home”
Century 21 Wright Realty
“Mr. Black made it so for us.”
Century 21 Platinum Properties
“Good service nice response time very polite overall very satisfied stay dangerous Betty lol”
eXp Realty
“She helped us buy our house, then sell it a few years later. Couldn't recommend more! So communicative, answered all my questions at a timely, proffessional manner. I was probably not the easiest client at times because stress, but she was so calm and reassuring through the whole process! Seriously so grateful for how smoothly this sale went, all with the help of Marie!”
CENTURY 21 Platinum Properties
“Jeremiah took the time to listen and truly understand what I was looking for. He helped me find the perfect home in no time and the process was smooth and organized. HIGHLY RECOMMEND!”
Epique Realty
“Rolanda was absolutely wonderful to work with during the selling process. She was professional, knowledgeable, resourceful, and patient. She ensured that I was represented well and every step of the way. I highly recommend Rolanda to friends, family, or associates.”
Coldwell Banker Pryor Realty
“Great results pleasure working with her woild recommend her with anyone selling or buying a property”
RE/MAX Real Estate Ten Midtown
“Rasa Baldino proved to be an excellent realtor and was wonderful to work with. She offered valuable recommendations regarding the decor and appearance of our cabin. We implemented those recommendations which helped attract potential buyers and the cabin sold quickly thereafter. We have recommended Rasa to others and will definitely use her again should the opportunity arise.”
Century 21 MVP
“Ms. Kimberly Townsend is an awesome realtor! She assisted us in finding our forever home with all our wants. She went over and beyond to make sure all of our needs were met. We truly appreciate her due diligence to property details that buyers would not have notice. She is very knowledgeable and professional. She explained every step of the home buying process in depth. She made this experience enjoyable! Excellent Job, Ms. Townsend.”
Century 21 Patterson & Associates
“Went above and beyond expectations to help find a home suitable for my needs. My overall experience was fantastic and was kept informed every step of the way. Very knowledgeable and detail oriented.”
CENTURY 21 Legacy
“Misty was an amazing agents with strong knowledge in not only properties but with menuevering around the needs of the VA. She was willing to travel to any house I found in TN, some of which being hours away. I've already recommended her to a few people but if you're reading this I would look into her also.”
Century 21 Platinum Properties
“Miss Candy was very helpful with the sale of the property she knew what she was doing and how to handle all things that needed to be handled. I would recommend her to anyone that needed help with the sell of their property and I will use her again if I need help with selling any property, Thank you so much Miss Candy for helping in the sale of the property.”
Keller Williams Realty
“Parker Cole is an excellent realtor. He's extremely patient, trust worthy, knowledgeable about the area and more. He found us exactly what we were looking for and we had a huge list of must haves. He was always available and answered all of our questions. He goes above and beyond to make you feel comfortable and he makes sure everything is the way it's supposed to be. He helps in every step of the process. He makes sure that you know he can still help you even after the sale. Really appreciate how stress free he made this whole process for us. Thank you Parker Cole. You are amazing.”
Century 21 Platinum Properties
“Matthew demonstrated excellent realtor service. From communicating, providing assistance and more, this is tge type of serivice you would look for an a realtor!”
EXP Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Lakeland. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Lakeland Realtor® or real estate agent today.
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