Lakeland, GA 31635 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lakeland, GA—31635

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$203,000

2.9% YoY Growth

Household Income

$43,800

41.6% YoY Growth

Days on Market

19.0% Shorter YoY

Home Price Forecast

3.6%

Median Rent

$1,250

3.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$795

4.9% YoY Growth

3-Bed Rent

$1,500

5.1% YoY Growth

Home Price Trends — Lakeland, GA

As of Dec '25, the median home price in Lakeland, GA is $203,000, with a year-over-year change of 2.9%. This indicates that home prices in Lakeland, GA are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$203,000	2.9%
Single Family	$202,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lakeland, GA

As of July '25, Rentcast reports the average rent in Lakeland, GA is $1,260, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Lakeland, GA is 2-bedrooms: $813, 3-bedrooms: $1,430, 4-bedrooms: $2,100. The most common rental property sizes in Lakeland, GA are 3-bedroom and 2-bedroom, accounting for 70.3% and 16.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,250	$1,260
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$795	$813
3 Bed Rent	$1,500	$1,430
4 Bed Rent	$2,000	$2,100

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% of Rental Stock

1 Bedroom

4.4%

2 Bedrooms

16.8%

3 Bedrooms

70.3%

4 Bedrooms

8.5%

Property Listings — Lakeland, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Lakeland, GA is 70. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$260,000	16.0%
Listing Count	33	63.0%
Listings as % of Homes	0.6%	63.0%
Days on Market	66	-19.0%

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Demographics — Lakeland, GA

As of the latest ACS Survey released in 2023, Lakeland, GA has a population of 6,980, which has increased by 5.7% over the past 5 years. Lakeland, GA is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,980	5.7%
% Under 18	25.3%	-0.4%
% Seniors	15.7%	36.5%
% WFH	8.4%	950.0%
% w/ College Degree	18.7%	6.2%

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As of the latest ACS Survey released in 2023, Lakeland, GA is a predominantly white area, with 64.9% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Lakeland, GA is black, making up 28.8% of the population. Foreign-born residents account for 2.1% of the population in Lakeland, GA, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	64.9%	-3.3%
% Black	28.8%	18.5%
% Hispanic	3.7%	-43.1%
% Asian	0.3%	-40.0%
% Foreign Born	2.1%	50.0%

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Mortgage and Risk — Lakeland, GA

According to HUD data as of 2023, there were 220 mortgage originations in Lakeland, GA, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Lakeland, GA. Investor activity is high, as 20.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	220
% Conventional Loans	53.0%
% Government Loans	47.0%
% Investor Loans	20.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Lakeland, GA

Lakeland, GA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	35
Total Units Section 8	15
% Rentals under Section 8	1.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$790
2 Bedroom	$225	$795	$1,020
3 Bedroom	-$140	$1,500	$1,360
4 Bedroom	-$420	$2,000	$1,580

Lakeland, GA—31635

Key Metrics at a Glance

Home Price Trends — Lakeland, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lakeland, GA

% of Rental Stock

Property Listings — Lakeland, GA

Demographics — Lakeland, GA

Race and Ethnicity

Mortgage and Risk — Lakeland, GA

Mortgages

Rentals and Section 8 — Lakeland, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lakeland, GA

Home Price to Income Ratio

Lakeland, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Stockton, GA

Naylor, GA

Ray City, GA

Nashville, GA

Moody A F B

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$203,000
Median Household Income	$43,800

Lakeland, GA—31635

Key Metrics at a Glance

Home Price Trends — Lakeland, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lakeland, GA

% of Rental Stock

Property Listings — Lakeland, GA

Demographics — Lakeland, GA

Race and Ethnicity

Mortgage and Risk — Lakeland, GA

Mortgages

Rentals and Section 8 — Lakeland, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lakeland, GA

Home Price to Income Ratio

Lakeland, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Stockton, GA

Naylor, GA

Ray City, GA

Nashville, GA

Moody A F B

Frequently Asked Questions

What is the average home price in Lakeland, GA 31635?

How have home prices in Lakeland, GA 31635 changed over the past year?

What is the home price projection for Lakeland, GA 31635?

What are the demographics of Lakeland, GA 31635?

How long does it take homes to sell in Lakeland, GA 31635?

What is the average rent price in Lakeland, GA 31635?