Market Overview
Home Prices in Babson Park, FL
The median home value in Babson Park, FL is $228,263 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.8% compared to a year ago and down 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Babson Park are priced44% below average. Babson Park is part of the Lakeland-Winter Haven, FL metro area.
Over the past five years, Babson Park home values have risen by approximately27.0%, reflecting strong long-term appreciation in this market.
Price History
Babson Park Home Price Trend
City Comparison
Babson Park vs. National Median
At $228,263, homes in Babson Park cost 44% below the national median of $410,000. This makes Babson Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Babson Park?
20% Down Payment
$45,653
on $228,263
Monthly P&I
$1,190/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,511/mo
incl. taxes & insurance
Income Needed
$60,440
gross annual (30% rule)
10% Down Option
$22,826
+ PMI applies
Loan Amount (20% dn)
$182,610
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Babson Park, FL?
The median home value in Babson Park is $228,263 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.8% year-over-year.
How much have home prices changed in Babson Park?
Over the past year, home values in Babson Park have decreased by 2.8%. Over five years, prices have risen approximately 27.0%.
How much do I need to earn to buy a home in Babson Park?
To comfortably afford the median home price of $228,263 with a 20% down payment ($45,653) at today's rates (6.8%), you'd need a gross annual income of approximately $60,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Babson Park compare to the national average home price?
The national median home value is approximately $410,000. At $228,263, homes in Babson Park are 44% below the national average.
What metro area is Babson Park part of?
Babson Park is part of the Lakeland-Winter Haven, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.