The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $344,159 in January, 3.6% higher than the year before.
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Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Lakeland-Winter Haven, FL metro area using data from Zillow. Cities are ranked by their one-year price change as of January 2024.
#20. Homeland, FL
- 1-year price change: -$6,795 (-3.1%) - 5-year price change: +$44,845 (data not available) - Typical home value: $209,134 (#19 most expensive city in metro)
#19. Davenport, FL
- 1-year price change: -$6,194 (-1.7%) - 5-year price change: +$145,663 (+66.1%) - Typical home value: $365,891 (#1 most expensive city in metro)
#18. Dundee, FL
- 1-year price change: -$1,318 (-0.5%) - 5-year price change: +$118,741 (+71.8%) - Typical home value: $284,174 (#10 most expensive city in metro)
#17. Winter Haven, FL
- 1-year price change: -$855 (-0.3%) - 5-year price change: +$113,167 (+66.2%) - Typical home value: $284,232 (#9 most expensive city in metro)
#16. Highland City, FL
- 1-year price change: -$836 (-0.3%) - 5-year price change: +$108,680 (+68.3%) - Typical home value: $267,904 (#13 most expensive city in metro)
#15. Haines City, FL
- 1-year price change: +$476 (+0.2%) - 5-year price change: +$123,580 (+67.4%) - Typical home value: $306,910 (#5 most expensive city in metro)
#14. Hillcrest Heights, FL
- 1-year price change: +$1,381 (+0.5%) - 5-year price change: +$103,191 (+64.1%) - Typical home value: $264,181 (#15 most expensive city in metro)
#13. Lake Alfred, FL
- 1-year price change: +$1,426 (+0.5%) - 5-year price change: +$122,057 (+69.6%) - Typical home value: $297,313 (#7 most expensive city in metro)
#12. Frostproof, FL
- 1-year price change: +$1,577 (+0.8%) - 5-year price change: +$95,626 (+88.5%) - Typical home value: $203,620 (#20 most expensive city in metro)
#11. Auburndale, FL
- 1-year price change: +$1,753 (+0.6%) - 5-year price change: +$126,523 (+70.5%) - Typical home value: $305,950 (#6 most expensive city in metro)
#10. Lake Hamilton, FL
- 1-year price change: +$2,288 (+0.9%) - 5-year price change: +$111,159 (+70.4%) - Typical home value: $269,095 (#12 most expensive city in metro)
#9. Mulberry, FL
- 1-year price change: +$3,624 (+1.2%) - 5-year price change: +$121,760 (+70.4%) - Typical home value: $294,630 (#8 most expensive city in metro)
#8. Lake Wales, FL
- 1-year price change: +$4,280 (+1.8%) - 5-year price change: +$106,507 (+77.0%) - Typical home value: $244,834 (#16 most expensive city in metro)
#7. Fort Meade, FL
- 1-year price change: +$4,806 (+2.3%) - 5-year price change: +$94,609 (+77.9%) - Typical home value: $216,096 (#18 most expensive city in metro)
#6. Bartow, FL
- 1-year price change: +$4,920 (+1.9%) - 5-year price change: +$113,307 (+75.1%) - Typical home value: $264,183 (#14 most expensive city in metro)
#5. Babson Park, FL
- 1-year price change: +$4,967 (+2.2%) - 5-year price change: +$98,468 (+76.9%) - Typical home value: $226,497 (#17 most expensive city in metro)
#4. Lakeland, FL
- 1-year price change: +$5,033 (+1.6%) - 5-year price change: +$130,883 (+71.4%) - Typical home value: $314,168 (#4 most expensive city in metro)
#3. Highland Park, FL
- 1-year price change: +$6,712 (+2.1%) - 5-year price change: +$129,002 (+64.2%) - Typical home value: $330,027 (#2 most expensive city in metro)
#2. Eagle Lake, FL
- 1-year price change: +$7,815 (+2.9%) - 5-year price change: +$122,382 (+78.5%) - Typical home value: $278,195 (#11 most expensive city in metro)
#1. Polk City, FL
- 1-year price change: +$14,363 (+4.7%) - 5-year price change: +$154,410 (+91.6%) - Typical home value: $322,918 (#3 most expensive city in metro)
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 380 metros.