Lake Somerset currently has 13 single family homes for sale with an average list price of $310,407.69 and 1 condo for sale with a list price of $179,900. The average annual property tax for Lake Somerset is $2,406.39.
Schools
View schools in Lake Somerset
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.
See What's Hot & What's Not in Lake Somerset
Recent Sales
View recent sales in Lake Somerset
Subdivisions
|
Subdivisions |
Median Price |
|
Cleveland Heights is a single-family home community in Lakeland, Florida, built between 1922 and 2023. It currently has 13 single family homes for sale with an average list price of $639,807.69. The homes range in size from 912 ft2 to 6,045 ft2. The average annual property tax for Cleveland Heights is $3,401.71. It is located in Polk County.
... Read more
|
Median Price: $265,000 |
|
|
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 3 single family homes for sale with an average list price of $291,300. The homes range in size from 1,125 ft2 to 2,608 ft2. The average annual property tax for Cleveland Heights Manor is $1,815.51. It is located in Polk County.
... Read more
|
Median Price: $290,000 |
|
|
Edgewood Park is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1908 and 2025. It currently has 7 single family homes for sale with an average list price of $267,871.43 and 2 lots for sale with an average list price of $41,250. The homes range in size from 816 ft2 to 2,008 ft2. The HOA fees range from $125 to $125 per month. The average annual property tax for Edgewood Park is $1,591.50. It is located in Polk County.
... Read more
|
Median Price: $261,000 |
|
|
Lakeshore Estates is a single-family home community in the Lake Somerset neighborhood of Lakeland, Florida, built between 1986 and 1989. It currently has no homes for sale. The homes range in size from 1,924 ft2 to 2,639 ft2. The HOA fees range from $25 to $58 per month. The average annual property tax for Lakeshore Estates is $4,448.11. It is located in Polk County.
... Read more
|
Median Price: $468,000 |
|
|
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 $254,900. The homes range in size from 768 ft2 to 1,292 ft2. The average annual property tax for Pine Acres is $1,654.73. It is located in Polk County.
... Read more
|
Median Price: $242,450 |
Show all 8 Subdivisions
Subdivisions
View subdivisions in Lake Somerset
Market Trends
Lake Somerset home sales for the month of March decreased in volume by 50% when compared to last year, while the median sale price rose by 13.4% from $294,450 to $334,000. House sales decreased by 33.3%, while the median sale price decreased by 1.5% from $339,000 to $334,000.
|
$280,000
|
$265,000
|
|
2024 |
2025 |
Median Sale Price for Lake Somerset
Number of Sales for Lake Somerset
Market Trends
View market trends in Lake Somerset
Real Estate News
|
Lake Somerset had 2 new homes for sale during the week of Friday, April 3 to Thursday, April 9, including including 2 single family homes for sale with an average ...
continue reading
|
|
Lake Somerset had 2 sales during the week of Tuesday, March 31 to Monday, April 6, including including 2 single family homes for sale with an average list price of ...
continue reading
|
|
Lake Somerset had only 1 sale during the week of Tuesday, March 24 to Monday, March 30, including and it was a single family home for sale with a list ...
continue reading
|
|
Lake Somerset had only 1 new home for sale during the week of Friday, March 20 to Thursday, March 26, including and it was a single family home for sale ...
continue reading
|
|
Lake Somerset had 2 new homes for sale during the week of Friday, March 13 to Thursday, March 19, including including 2 single family homes for sale with an average ...
continue reading
|
View More Lake Somerset News
Real Estate News
View Lake Somerset News
We have helped thousands of families buy and sell homes!
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.
