If you need assistance, please call 901-230-3874

Lakeland Market Report

$533,069

AVERAGE PRICE OF 84 HOMES

$1,050,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$659,807

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$523,338

AVERAGE PRICE OF 21 HOMES WITH A POOL

$536,600

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $533,069
Avg Bedrooms 4.23 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

3 bedrooms $350,847
4 bedrooms $507,038
5 bedrooms $640,192
Lakeland Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 74 67 58 58 61
Average Price $554,641 $559,590 $559,551 $542,365 $577,538
Avg Price Change -0.89% +0.01% +3.17% -6.49% -1.16%
Median Price $583,044 $585,164 $586,465 $507,483 $589,877
Med Price Change -0.36% -0.22% +15.56% -16.24% +0.07%
Avg Bedrooms 4.34 beds 4.41 beds 4.43 beds 4.41 beds 4.42 beds
Avg Bathrooms 2.99 baths 3.01 baths 2.98 baths 2.93 baths 3.03 baths
Total Homes Average Price Avg Days on Site
All Homes 84 $533,069 64 days
Multi-Million Dollar Homes 1 $1,050,000 198 days
Newly Built Homes 16 $659,807 125 days
Homes with a Pool 21 $523,338 42 days
Reduced Price Homes 8 $536,600 34 days
Bluff City Properties
Mark Thoman
5119 Summer Ave #229
Memphis, TN 38122
901-230-3874

Copyright Ā© 2024 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 May 23, 2024
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