Home Values

33811 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$148,400

  • 7.1% 1-year change
  • 1.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in 33811 is $148,400. 33811 home values have gone up 7.1% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in 33811 is $91, which is higher than the Lakeland average of $89. The median price of homes currently listed in 33811 is $149,900 while the median price of homes that sold is $170,250. The median rent price in 33811 is $1,175, which is higher than the Lakeland median of $850.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 33811 is 10.6%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 33811 homeowners underwater on their mortgage is 26.1%, which is lower than Lakeland at 31.7%.

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Relative ZHVI
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33811 Market Overview

Data through Oct 31, 2014
  • $148,400 ZHVI
  • 1.5% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $149,900 Median listing price
  • $170,250 Median sale price
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33811 Market Health

Data through Oct 31, 2014
  • 0.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 26.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
33813 $175,700
33566 $171,300
33567 $170,300
Name Median ZHVI
33812 $161,800
33810 $140,400
33803 $118,700
Name Median ZHVI
33563 $94,300
33801 $75,100
33815 $53,700

Listings & Sales

Data through Oct 31, 2014
  • $91 Median list price / sq ft
  • $96 Median sale price / sq ft
  • 48.1% Listings with price cut
31.0%
Sold below listing
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33811 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,216 33811
    $1,049 Lakeland
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,175 Rent list price
  • $0.74 Rent list price / sq ft
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