ZIP Code Market Report
33803 — Lakeland, FL
Data through February 2026 · Updated monthly
Avg Home Value
$285,251
▼ 4.5% year-over-year
Month-over-Month
-0.4%
▼ 0.4%
Single Family
$292,736
Condo / Co-op
$188,155
The average home value in the 33803 ZIP code (Lakeland, Florida) is $285,251 as of February 2026. Home prices are declining, down 4.5% compared to last year.
A 3-bedroom home in 33803 is valued at $293,080. 1-bedroom units start around $120,935. Single-family homes average $292,736, while condos average $188,155.
The market in 33803 has a $253,920 spread between bottom-tier homes at $201,690 and top-tier homes at $455,610. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 33803 ZIP code will decrease 0.9% over the next 12 months, bringing the projected average to approximately $282,684. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Polk County market area in Florida. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Polk County report.
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Market Snapshot
33803 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $287,888 | $286,301 | $285,251 | ▼ 0.9% |
| Single Family Value | $292,802 | $292,537 | $292,736 | No Change |
Home Values
33803 Home Value Trend
Historical home values for ZIP code 33803. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 33803
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $120,935 |
| 2 Bedrooms | $195,395 |
| 3 Bedrooms | $293,080 |
| 4 Bedrooms | $468,891 |
Property Types
Home Values by Property Type in 33803
How different property types compare in this ZIP code.
All Homes
$285,251
Single Family
$292,736
Condo / Co-op
$188,155
Bottom Tier
$201,690
Top Tier
$455,610
Forecast
12-Month Home Value Forecast for 33803
Zillow projects home values in 33803 will decrease 0.9% over the next year, reaching approximately $282,684.
Current Value
$285,251
Projected Change
-0.9%
▼ 0.9%
Projected Value
$282,684
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 33803 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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