The story of this market
The typical home in ZIP 33867 sells for about $329,000, or $205 per square foot.
Prices are down 3.3% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 33867 — River Ranch
The Lakeland housing market is currently experiencing a period of price adjustment with a median sale price of $329,000, reflecting a slight year-over-year decline. While inventory levels provide buyers with more negotiation room, the area remains a popular choice for those seeking affordability between the Tampa and Orlando metros. Market activity is supported by steady demand and ongoing regional economic development.
This area is well-suited for families and commuters seeking a more attainable price point compared to the Tampa and Orlando metros while maintaining access to major regional employment hubs.
Median prices moved down 3.3% year over year.
Homes spend a median of 53 days on market with 6.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 33867, Polk County FL
Crime trends in the Lakeland area are generally consistent with regional averages for mid-sized Florida cities, with localized variations in property crime rates.
Schools serving the area are part of the Polk County Public Schools district, which maintains a mix of magnet and traditional neighborhood schools with varying performance ratings.
The area faces moderate risk from tropical weather events and localized flooding, typical of the central Florida interior, necessitating standard wind and flood insurance coverage.
Lakeland serves as a major logistics and distribution hub along the I-4 corridor, benefiting from its central location between Tampa and Orlando and ongoing commercial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents typically rely on personal vehicles for commuting, with primary access to the I-4 corridor providing connections to major employment centers in Tampa and Orlando.
The area features access to numerous lakes, local parks, and golf courses, with proximity to downtown Lakeland's shopping and dining districts.
The rental market remains stable with moderate vacancy pressure, supported by a steady demand for housing from commuters and local workers.
The local economy is anchored by logistics, distribution, healthcare, and education, with significant employment provided by regional distribution centers and the Lakeland healthcare system.
Transportation is primarily highway-based, with the I-4 corridor serving as the main artery for regional transit and commuting.
Development is focused on residential expansion in the suburban fringes and continued commercial growth along major transit corridors.
The Polk County Property Appraiser manages assessments, focusing on market value adjustments and homestead exemption administration.
Parcels are subject to county, city, and school district taxes, with some areas potentially falling under specific utility or water management districts.
Property insurance premiums are influenced by regional hazard exposure, with a focus on wind and flood coverage requirements.
Data retrieved from data.census.gov for ZCTA 33867.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Westgate River Ranch Resort & Rodeo4.32.1 mi
- Camp Mack4.518.4 mi
- Kissimmee Swamp Tours4.912.8 mi
- Glamping Florida, by River Ranch4.81.8 mi
- Avon Park Air Force Range4.58.1 mi
- River Ranch Petting Farm4.71.9 mi
- KICCO Wildlife Management Area4.23.7 mi
- Mister Chris’ Coffee Gallery & Depot4.818.9 mi
- Avon Park Air Force Range4.58.1 mi
- KICCO Wildlife Management Area4.23.7 mi
- Camp Mack4.518.4 mi
- Grape Hammock Fish Camp & Airboat Rides4.84.6 mi
- The Harbor Waterfront Resort4.418 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular destination for walking and recreation in the Lakeland area.
Historic district featuring local boutiques, restaurants, and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.