The community of Lakeland is situated in Polk County about 35 miles from Tampa. Named for its many lakes, Lakeland holds an impressive land area of 45.8 square miles with over 80,000 residents and has been used as movie settings in films such as Edward Scissorhands and The Waterboy. Real estate options consist of single-family detached homes, condominiums and townhouses as well as land lots for custom building. Freeways adjacent to the community include the I-4 which provides commuter access to and from Lakeland. Tampa International Airport is also about 40 miles away providing convenient access to air travel for those who depend on it.
Residents with children from grades K-12 will find proper educational accommodations through the Polk County School District. Those in pursuit of a degree in higher education will find nine college and university campuses within the city limits with plenty more just outside the borders. These include Florida Metropolitan University-Lakeland, the University of South Florida, and Florida Southern College. Sports teams such as the Thunderbolts (NIFL) and the Tigers (minor league baseball) make their home here as well as the Imperial Symphony Orchestra. Other activities of interest include several historic sites and museums such as the Mobile Museum of Polk County, Polk Museum of Art as well as recreation sites like Lake Mirror Promenade.
Real Estate Market Summary: Prices of Lakeland Homes for Sale
The real estate market in Lakeland is dominated by single-family homes and condominiums. Prices for homes in Lakeland range between $75,000 and $2 million. Slightly larger properties with four-bedrooms and three baths can be acquired from the mid-$300,000s. Larger estate properties with five or more bedrooms can be purchased starting from the low $400,000s and more, depending on locale. A standard Lakeland townhouse or condo with two-bedrooms and two baths can be acquired for under $100,000.
Lakeland Real Estate Stats and Trends for the week of March 10th, 2014: homes priced around $110,334 compared to $104,429 the previous week, showing a increase of more than +5%. For Monday, March 10th, the current national mortgage rate for a 30 year fixed mortgage is 4.37%; the 15 year fixed rate is at 3.40%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.42%, while the 15 year jumbo rate currently is at 3.75%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Lakeland FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lakeland to help you find the best home!