Market Overview
Home Prices in Lakeland, GA
The median home value in Lakeland, GA is $185,212 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lakeland are priced55% below average. Lakeland is part of the Valdosta, GA metro area.
Over the past five years, Lakeland home values have risen by approximately32.5%, reflecting strong long-term appreciation in this market.
Price History
Lakeland Home Price Trend
City Comparison
Lakeland vs. National Median
At $185,212, homes in Lakeland cost 55% below the national median of $410,000. This makes Lakeland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lakeland?
20% Down Payment
$37,042
on $185,212
Monthly P&I
$966/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,227/mo
incl. taxes & insurance
Income Needed
$49,080
gross annual (30% rule)
10% Down Option
$18,521
+ PMI applies
Loan Amount (20% dn)
$148,170
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 Lakeland, GA?
The median home value in Lakeland is $185,212 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Lakeland?
Over the past year, home values in Lakeland have increased by 5.8%. Over five years, prices have risen approximately 32.5%.
How much do I need to earn to buy a home in Lakeland?
To comfortably afford the median home price of $185,212 with a 20% down payment ($37,042) at today's rates (6.8%), you'd need a gross annual income of approximately $49,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Lakeland compare to the national average home price?
The national median home value is approximately $410,000. At $185,212, homes in Lakeland are 55% below the national average.
What metro area is Lakeland part of?
Lakeland is part of the Valdosta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.