5 Bedroom Homes for Sale in Lakeland, TN

23 Homes for Sale

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Lakeland, TN Housing Market Overview

Lakeland is a balanced market, giving buyers and sellers room to negotiate. With 4.2 months of supply and homes averaging 29 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

29

Inventory

72

Sep 2021Mar 2024Mar 2026

Median Home Price

$475,000Down 0.02%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
72 Up 0.14%
Newly Listed Homes
34 Up 0.10%
Months of Supply
4.2 Up 0.50%

Housing Demand

Homes Sold
17 Down 0.00%
Sale-to-List Ratio
98.7% Down 1.05%
Homes Sold Above List
11.8% Down 17.65%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-imgIDX Logo
    Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 11, 2026, 4:45 AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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Lakeland, TN Housing Marketlink qauare
Homes Available icon

23

Homes Available

Median List Price icon

$ 475,000

Median List Price

Avg on Market icon

29 Days

Avg on Market

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