Lake Somerset, Lakeland, FL, Real Estate
Lake Somerset currently has 4 single family homes for sale with an average list price of $330,950. The average annual property tax for Lake Somerset is $1,887.
Schools
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What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lake Somerset, i.e. what's hot and what's not.
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Recent Sales
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Subdivisions
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Cleveland Heights is a single-family home community in Lakeland, Florida, built between 1922 and 2023. It currently has 9 single family homes for sale with an average list price of $457,500 and 1 lot for sale with a list price of $250,000. The homes range in size from 820 ft2 to 6,045 ft2. The average annual property tax for Cleveland Heights is $2,719.
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Median Price: $287,500 |
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Cleveland Heights Manor is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1959 and 2022. It currently has 2 single family homes for sale with an average list price of $322,450. The homes range in size from 1,125 ft2 to 2,028 ft2. The average annual property tax for Cleveland Heights Manor is $1,637.
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Median Price: $305,000 |
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Edgewood Park is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1958 and 2022. It currently has 4 single family homes for sale with an average list price of $217,375. The homes range in size from 480 ft2 to 1,811 ft2. The average annual property tax for Edgewood Park is $1,282.
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Median Price: $241,000 |
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Lakeshore Estates is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1986 and 1987. It currently has no homes for sale. The homes range in size from 1,769 ft2 to 2,639 ft2. The average annual property tax for Lakeshore Estates is $3,108.
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Median Price: $499,800 |
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Pine Acres is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1960 and 1978. It currently has 1 single family home for sale with a list price of $189,900. The homes range in size from 768 ft2 to 1,260 ft2. The average annual property tax for Pine Acres is $957.
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Median Price: $200,000 |
Show all 8 Subdivisions
Subdivisions
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Market Trends
Lake Somerset home sales for the month of April stayed the same in volume when compared to last year, while the median sale price decreased by 44.6% from $460,000 to $255,000. House sales stayed the same, while the median sale price decreased by 44.6% from $460,000 to $255,000.
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$252,750
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$275,000
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Median Sale Price for Lake Somerset
Number of Sales for Lake Somerset
Market Trends
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Real Estate News
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Lake Somerset had only 1 sale during the week of Tuesday, April 23 to Monday, April 29, including and it was a single family home for sale with a list ...
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Lake Somerset had only 1 sale during the week of Tuesday, April 16 to Monday, April 22, including and it was a single family home for sale with a list ...
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Lake Somerset had only 1 sale during the week of Tuesday, March 19 to Monday, March 25, including and it was a single family home for sale with a list ...
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Lake Somerset had only 1 sale during the week of Tuesday, March 12 to Monday, March 18, including and it was a condo for sale with a list price of ...
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Lake Somerset had only 1 new home for sale during the week of Friday, March 8 to Thursday, March 14, including and it was a single family home for sale ...
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Real Estate News
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