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Lakeland Real Estate For Sale In FL
Lakeland, FL, is a popular city located on prime real estate right between Tampa and Orlando. Homebuyers looking at real estate in Florida often consider Lakeland not only for its location but for its abundant amenities and vibrant arts and culture scene. If you are looking for a smaller city, keep in mind that real estate in Lakeland, FL, is located in the most populous city in Polk County home to just over 112K residents.
Lakeland, FL Real Estate Market
Lakeland is a great place to buy real estate, with a variety of options to choose from. The median price of homes for sale in Lakeland is $299K, while the median list price is slightly higher. The median price for townhomes and condos for sale in Lakeland is $227K.
Home prices in Lakeland are lower than the average for both the state of Florida and the country. This means that you can find a range of options to suit your budget, from more affordable homes to more luxurious properties that can cost over $1M. In general, homes in Lakeland spend an average of 60 days or less on the market, which suggests that the Lakeland real estate market is fairly active.
Approximately 20% of the houses in Lakeland were built after 2000, while a good portion of the remaining homes were constructed before 1960. This means there is a range of styles and architectural traditions to choose from, depending on your preferences. In general, the majority of homes in Lakeland have three-to-four bedrooms, which makes them well-suited for both families and young professionals.
Over 50% of the dwellings in the area are single-family homes, while the remaining properties are townhomes and condos. This suggests that there is a healthy market for both types of properties in Lakeland. In fact, over half of the residents in the area are homeowners, which is a strong indication that the real estate market in Lakeland is both stable and thriving.
Lakeland, FL Neighborhoods
Beacon Hill
The Beacon Hill District in Lakeland, FL, is known for its high property and resale values. This small historic district is located west of South Florida Avenue, north of Beacon Road, and south of Belvedere Street. The majority of the real estate in Beacon Hill was built in the 1920s, and come in a range of styles, from modest frame bungalows to Colonial and Tudor revival homes. Prices for homes in Beacon Hill range from the low $100Ks to over $500K, making it a desirable place to live for a wide range of buyers.
One of the key attractions of Beacon Hill is its convenient location. Everything you need is within easy reach, and walking is a popular way to get around the neighborhood. You'll find plenty of fantastic dining and drinking establishments, as well as other amenities, all within easy walking distance. This makes Beacon Hill a great place to live for those who want to be part of a vibrant, walkable community.
Lake Morton Historic District
Lake Morton Historic District is a charming and eclectic neighborhood in Lakeland, FL. The real estate in Lake Morton Historic District was primarily built between 1920 and 1926, and come in a wide variety of styles. This gives the neighborhood a unique and attractive character. The area is also home to Florida Southern College, which adds to its appeal with its beautiful Frank Lloyd Wright architecture.
The community in Lake Morton Historic District is close-knit and actively works to protect the history and ecosystem of the area. In fact, the neighborhood hosts Mayfaire by-the-Lake, Florida's largest and longest-running outdoor art festival. This vibrant and active community is popular with students and young professionals, making it a great place to live for those who want to be part of a dynamic and engaged community.
Dixieland
Dixieland is one of the most family-friendly neighborhoods in Lakeland, FL. The area is home to one of the highest-rated schools in the city, making it a great place for families with children. In addition to its excellent schools, Dixieland also offers plenty of green space for outdoor activities and picnics, as well as easy access to Lake Hunter and Lake Hollingsworth for swimming, boating, and fishing.
The median price of real estate in Dixieland is $293K, which is a good value for a neighborhood with such strong appeal for families. Considering all of these factors, Dixieland is a great place to live for those who want to be part of a family-friendly community with plenty of amenities and access to the outdoors.
Biltmore-Cumberland Historic District
Biltmore-Cumberland is a small historic district in Lakeland, FL, with just over 200 historic homes built between 1920 and the 1950s. The neighborhood is known for its abundance of green space and its proximity to Lake Morton, Dixieland, and downtown Lakeland. It is a great place for first-time homebuyers who are looking for a touch of history in their home.
The median price of real estate in Biltmore-Cumberland is estimated to be $350K, which is higher than in some other areas of Lakeland, such as Dixieland. However, this higher price reflects the appeal of the neighborhood, with its historic homes and abundant green space.
Lakeland, FL Schools
When looking to enroll your kids in public schools in Lakeland, you will be working with the Polk County Public School District. The public schools in this district are monitored and governed by a board of school governors. A great benefit of moving to Lakeland real estate with children is the sheer number of top-ranked schools within the city. The top schools in Lakeland, both public and private, are:
- Lincoln Avenue Academy
- McKeel Academy of Technology
- Lakeland Senior High School
Schools in Lakeland have consistently received recognition as some of the best schools in both Florida and the US. This high concentration of schools excelling is partly due to the development of Magnet programs at these schools allowing students to specialize in different subjects before moving on to higher education.
Elementary Schools In Lakeland, Florida
- Southwest Elementary School
- North Lakeland Elementary School
- Edgar L. Padgett Elementary School
- Lincoln Avenue Academy
Middle Schools In Lakeland, Florida
- Lake Gibson Middle School
- Sleepy Hill Middle School
- Lakeland Highlands Middle School
- Lawton Chiles Middle School
- Rochelle School of the Arts
High Schools In Lakeland, Florida
- Mulberry Senior High School
- Lakeland Senior High School
- Lois Cowles Harrison Center for the Visual and Performing Arts
- Kathleen High School
- Central Florida Aerospace Academy
Charter & Private Schools In Lakeland, Florida
This is just a brief sampling of the charter and private schools in Lakeland. In addition to the magnet public schools, the plethora of private and charter schools have helped make Lakeland a premier city for education.
- McKeel Academy of Technology
- Lakeland Montessori Schoolhouse
- Magnolia Montessori Academy
- Lakeland Christian School
- Santa Fe Catholic High School
- St. Paul Lutheran School
In addition to the premier primary and secondary education available in Lakeland, the access to higher education facilities is abundant as well. There are eight universities, colleges, and technical colleges. Some of the more notable are:
- Southeastern University
- Florida Southern College
- Polk State College
- Keiser University
This plethora of higher education can partially account for the median age of Lakeland residents being 40, with 56.5% of the population being under 44.
Frequently Asked Questions About Lakeland, FL Real Estate
What Is The Zip Code For Lakeland, Florida?
Lakeland real estate touches 11 counties, but only five fall under Lakeland as actual zip codes you could find ascribed to the city. Those zip codes are 33803, 33805, 33809, 33811, and 33815.
What County is Lakeland, FL, in?
Lakeland, Florida is the most populous city within the borders of Polk County.
Where Is The Nearest Commercial Airport In Lakeland, Florida?
For domestic flights within the US, Lakeland Linder International Airport is the closest option. This airport is located 15 minutes southwest of downtown Lakeland. If you are looking for international flights or just a wider variety, your best option is likely the Tampa International Airport. This airport is located 40 minutes west of Vero Beach via I-4.
Where Are The Best Places to Live In Lakeland, Florida?
- For families with children: Beacon Hill, Lake Hollingsworth.
- For singles and young professionals: Camphor, Beacon Hill.
- For retirees: Dixieland, South Lake Morton.
How Far Are Other Popular Cities from Lakeland, Florida?
- Tampa is 35 miles northeast via I-4
- Orlando is 65 miles northeast via I-4
- Cape Canaveral is 100 miles east via FL-528 and I-4
- Okeechobee is 107 miles southeast via US-98
- Jacksonville is 195 miles north via I-95 and I-4
- Port Charlotte is 85 miles south via CO RD 663
What Is Lakeland, FL Famous/Known For?
Two well-known things Lakeland is famous for starting with Florida Southern College, which is known for its unique Frank Lloyd Wright architecture. Lakeland is also known for its annual Sun' n Fun International Fly-In and Expo, which is a large event that attracts pilots and aviation enthusiasts from around the country.
Things to Do in Lakeland, FL
Lakeland, FL, is known for its abundance of lakes, which are often used as reference points by locals. Some of the city's popular attractions include:
- The Frank Lloyd Wright Visitor Center, hosted by Florida Southern College.
- The Circle B Bar Reserve, a protected parcel of over 1200 acres that was once a cattle ranch. The reserve is home to a variety of native flora and fauna and offers hiking trails for visitors to explore.
Living in Lakeland, FL, Real Estate
Cost of Living in Lakeland, Florida
When compared to nearby Orlando, Lakeland has a cost of living index that is lower than the city of Orlando's 103.3. According to recent data, Lakeland's cost of living index is 88.3 out of 100, which is lower than the national baseline. This means that overall, the cost of living in Lakeland is relatively affordable compared to other areas in the country. One of the main factors contributing to this is the fact that housing costs in Lakeland are lower than the national average.
Additionally, the median household income in Lakeland is $52,972, which is also lower than the national average. This, combined with the relatively low cost of real estate, makes Lakeland an affordable place to live for many people.
Healthcare in Lakeland, Florida
Lakeland Regional Health Medical Center is on Lakeland Hills Blvd and is bounded on the west by N Florida Avenue. It is just to the west of Lake Parker and is quickly accessible by main roads through the city. I-4 is also just a quick drive north. It has been named one of Forbes's best in-state employers several times as well! Lakeland Regional has a 24/7 emergency room, a fully staffed labor and delivery ward, and a top-of-the-line NICU.
Weather in Lakeland, Florida
Lakeland falls under the classification of a humid subtropical climate, which means that the area experiences hot and humid summers along with mild and relatively dry winters. Lakeland real estate is located north of a large lake, which can influence the local weather patterns. In the summer, the lake can help to keep temperatures in Lakeland from getting too hot, but it can also contribute to increased humidity levels. The summer can see temperatures top 90 degrees, and the winter sees lows in the 50s. Overall, the weather in Lakeland is generally warm and pleasant, with occasional periods of extreme heat or cold.
South Central Florida is at risk for hurricanes and other tropical storms. This is because the region is located in the Atlantic hurricane belt, an area that is known for its high frequency of tropical storms and hurricanes. The Atlantic hurricane season typically runs from June 1 to November 30 each year. During this time, residents of south-central Florida should be prepared for the possibility of a hurricane or tropical storm.
Job Market in Lakeland, FL
Lakeland, FL, offers a diverse range of job opportunities for those looking for a career change. The city's largest employer is Publix, but there are also many job opportunities in transportation, thanks to Lakeland's location on I-4. FedEx Freight and FedEx Services are major employers in the area. Additionally, while citrus farming is no longer the primary industry in Lakeland, many local farmers still produce high-quality citrus in the area.
Transportation in Lakeland, FL
Lakeland straddles the heavily traveled I-4 right in between Orlando and Tampa. The other two main roads that run north-south and east-west through the city are US-98 (north-south) and US-92 (east-west).
Lakeland is not very walkable, but the majority of residents do own a car, so traveling around town should not be a huge concern. However, if you do find yourself needing transport, Lakeland has developed a healthy system of paved bicycle routes throughout the city.