Current Price

$435,647

1 Month Forecast

â–² $459,093

1-Year Forecast *

â–² $488,330

5-Year Forecast *

â–² $541,866

"Is it a good time to buy homes in Lakeland?" "Does investing in real estate in Lakeland (Tennessee State, Shelby County) worth it?" According to our live Forecast System, buying a house in Lakeland is a good short-term (1-year) investment*. The Lakeland average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Lakeland" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Lakeland in Tennessee State, Shelby County. If you are looking for homes for sale with good flipping profit, Lakeland can be a profitable property investment option. The median price of an average house in Lakeland was 435,647 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Lakeland" area is 541,866 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +24.38% meaning that investing 100000 USD today may yield a profit of 24,382 USD by 2031.

Current Median Listing Price: 435,647 USD Median Listing Price Per Square Foot: 242 USD

Lakeland Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Lakeland (Tennessee State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Lakeland Price Target

Lakeland median home price target in 12 months: $488,330* (upside of 12.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $457,442 $456,524 $456,524 $457,721
2024 $430,315 $435,647 $430,315 $438,526
2023 $419,419 $429,689 $419,099 $429,689
2022 $387,103 $420,614 $387,103 $422,637
2021 $330,641 $381,545 $330,641 $381,545
2020 $298,784 $326,394 $298,784 $326,394
2019 $282,648 $296,834 $282,648 $296,834
2018 $267,818 $281,964 $267,818 $281,964
2017 $252,193 $266,382 $252,193 $266,382
2016 $244,194 $250,761 $244,194 $250,761
2015 $235,771 $243,010 $235,771 $243,010
2014 $229,147 $235,013 $229,147 $235,013
2013 $220,061 $228,214 $220,061 $228,214
2012 $213,366 $220,091 $213,366 $220,557

Questions & Answers about the Lakeland Housing Market Forecast

How much does an average home cost in Lakeland today?

The value of an average home (the listing price) in Lakeland is $435,647 USD.

What is the average price per square foot in Lakeland?

According to Walletinvestor the median price per square foot in Lakeland is 242 USD.

Will the median listing price of homes in Lakeland grow / rise / go up?

Yes. The Lakeland home prices may rise from 435,647 USD to 488,330 USD in one year.

Is it profitable to invest in Lakeland homes?

Yes. The long-term profit potential is +12.09% in one year.

Will Lakeland house prices fall / drop?

No. See above.

What is the predicted price of a Lakeland home in 2030?

The predicted home sales price of a Lakeland home in 2030 in Lakeland is 522,296 USD.

What is the predicted price of a Lakeland home in 2035?

The predicted home sales price of a Lakeland home in 2035 in Lakeland is 601,271 USD.

Will real estate prices decrease in Lakeland?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Lakeland is the 4378. largest city in the United States, located in Tennessee State.

During the last 12 months the real estate prices in Shelby, Lakeland decreased, looking at the past 12 months.

According to Walletinvestor's Lakeland real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.811% to 435,647 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 12.513% in 2021
  • 13.203% in 2022
  • 13.923% in 2023
  • 11.823% in 2024
  • 13.683% in 2025
  • 11.083% in 2026

Based on our Lakeland real estate market research and report the predicted sales prices will increase by 213.173% in the next 10 years.

Over the last 12 months, the value of homes in Lakeland fluctuated: increasing 1 times and decreasing 4 times.

Lakeland (Tennessee) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Lakeland Housing Market Forecast with Real Estate Prices for 2025
August 2025 459093 432007 486180
September 2025 461677 427513 495841
October 2025 464276 441062 487490
November 2025 466889 422068 511710
December 2025 469517 444163 494871
Lakeland Housing Market Forecast with Real Estate Prices for 2026
January 2026 472159 434859 509460
February 2026 474817 430184 519450
March 2026 477489 445975 509004
April 2026 480177 435040 525313
May 2026 482879 438454 527304
June 2026 485597 448692 522503
July 2026 488330 455124 521537
August 2026 491079 449337 532820
September 2026 493843 449397 538289
October 2026 496622 452423 540822
November 2026 499417 449975 548860
December 2026 502228 453512 550944
Lakeland Housing Market Forecast with Real Estate Prices for 2027
January 2027 503552 461253 545850
February 2027 503175 472481 533868
March 2027 502698 452428 552967
April 2027 502104 457417 546791
May 2027 501142 472576 529707
June 2027 499718 471734 527702
July 2027 499337 457392 541281
August 2027 500626 469087 532166
September 2027 502410 474777 530042
October 2027 504258 477532 530983
November 2027 506000 465014 546986
December 2027 507969 481047 534891
Lakeland Housing Market Forecast with Real Estate Prices for 2028
January 2028 510025 483503 536546
February 2028 511418 467947 554888
March 2028 511851 481652 542050
April 2028 511724 465157 558290
May 2028 511954 479701 544207
June 2028 512700 485014 540386
July 2028 514100 486853 541347
August 2028 516207 477491 554922
September 2028 519110 492636 545585
October 2028 521465 487049 555882
November 2028 522482 489566 555399
December 2028 521793 494660 548926
Lakeland Housing Market Forecast with Real Estate Prices for 2029
January 2029 520089 482643 557536
February 2029 518404 482634 554174
March 2029 517859 469698 566020
April 2029 518309 491357 545261
May 2029 519117 487970 550264
June 2029 522038 470879 573198
July 2029 522296 494614 549977
August 2029 522246 473677 570814
September 2029 522356 479523 565189
October 2029 522315 494632 549998
November 2029 521943 491671 552216
December 2029 520990 484521 557459
Lakeland Housing Market Forecast with Real Estate Prices for 2030
January 2030 523922 488820 559025
February 2030 526871 489463 564279
March 2030 529837 489569 570104
April 2030 532819 503514 562124
May 2030 535818 492416 579219
June 2030 538833 495188 582479
July 2030 541866 488763 594969
August 2030 544916 505682 584150
September 2030 547983 510172 585794
October 2030 551067 519656 582478
November 2030 554169 515931 592406
December 2030 557288 507132 607444
Lakeland Housing Market Forecast with Real Estate Prices for 2031
January 2031 560424 516151 604698
February 2031 563579 532018 595139
March 2031 566751 531045 602456
April 2031 569941 522066 617816
May 2031 573148 526723 619573
June 2031 574658 529835 619482
July 2031 574228 529439 619018
August 2031 573684 523200 624168
September 2031 573007 535761 610252
October 2031 571908 536450 607366
November 2031 570283 532074 608492
December 2031 569848 531668 608028
Lakeland Housing Market Forecast with Real Estate Prices for 2032
January 2032 571320 531899 610741
February 2032 573355 543541 603170
March 2032 575464 544389 606539
April 2032 577453 532411 622494
May 2032 579700 521730 637670
June 2032 582046 544213 619879
July 2032 583635 546866 620404

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.