If you need assistance, please call 901-359-9698

Lakeland Market Report

$421,917

AVERAGE PRICE OF 48 HOMES

$473,847

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$423,750

AVERAGE PRICE OF 10 HOMES WITH A POOL

$539,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $421,917
Avg Bedrooms 4 beds
Avg Bathrooms 3.08 baths

Average Price by Bedrooms

2 bedrooms $362,400
3 bedrooms $305,488
4 bedrooms $434,248
5 bedrooms $496,933
Lakeland Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 53 73 88 74 71
Average Price $423,612 $414,260 $404,790 $425,103 $434,603
Avg Price Change +2.26% +2.34% -5.02% -2.23% +1.99%
Median Price $437,660 $413,891 $410,851 $441,171 $450,762
Med Price Change +5.74% +0.74% -7.38% -2.17% +0.55%
Avg Bedrooms 4.2 beds 4.03 beds 4.08 beds 4.16 beds 4.18 beds
Avg Bathrooms 3.08 baths 2.98 baths 2.94 baths 3.06 baths 3.16 baths
Total Homes Average Price Avg Days on Site
All Homes 48 $421,917 95 days
Newly Built Homes 25 $473,847 135 days
Homes with a Pool 10 $423,750 80 days
Reduced Price Homes 1 $539,000 15 days
Re/Max On Point | The Morrow Group
Donnie Morrow
5224 Airline Road Suite 111
Arlington, TN 38002
901-359-9698

Copyright Ā© 2020 Memphis Area Association of REALTORSĀ®. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited. This listing was refreshed on September 27, 2020
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