Momentum Housing Data · Home Values · Polk County
CHERRY LANE ESTATES (LAKELAND, FL): 6 recorded closings in the 12 months ending 2026-08-02, a 4-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 93.2% of original asking; the median sale took 59 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $226,950 | $147 | 59 | 93.2% | 6 |
| 2025 | $239,000 | $173 | 37 | 99.6% | 5 |
| 2022 | $174,950 | $134 | 16 | 100.0% | 8 |
| 2017 | $46,126 | $30 | 27 | 92.8% | 4 |
Over the recorded series, CHERRY LANE ESTATES’s median sold price moved from $46,126 (2017) to $226,950 (12 months ending 2026-08-02) — +392% over that span, with every year’s figure from recorded closings, not a model.
What actually trades here: 77% manufactured home - post 1977, 21% manufactured home, 2% ?, with a median of 1,382 sq ft and a median price per square foot of $147 in the current window.
At CHERRY LANE ESTATES’s $226,950 median and Polk County’s adopted 16.19 mills (FY2025-26), a home assessed at that price carries roughly $3,670 a year in property tax before exemptions, or about $3,000 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Polk County tax page.
Since 2006, 18 CHERRY LANE ESTATES listings were withdrawn, canceled, or expired without selling (1 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 40% of CHERRY LANE ESTATES listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 20%.
Cash bought 17% of recorded CHERRY LANE ESTATES sales in the window ending 2026-06 (1 of 6) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a CHERRY LANE ESTATES home against; asking prices are an opening position, recorded closings are the value.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping CHERRY LANE ESTATES are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| COLONNADES PH 01 | $202,450 | $161 | 86 | 26 |
| WILDWOOD 02 | $192,000 | $145 | 6 | 3 |
| SHEPHERD OAKS PH 01 | $275,255 | $214 | 18 | 4 |
| GLENBROOK CHASE | $295,000 | $171 | 214 | 3 |
| School | Level | FLDOE grade |
|---|---|---|
| Polk County Public Schools (verify by address) | Public | — |
| Confirm zoned elementary, middle, and high | By address | — |
| Magnet and choice options may apply | Choice | — |
Assignments and grades as recorded/published; both change — verify current zoning with the district before relying on it. Grades are the state’s official FLDOE ratings, reported as published.
More CHERRY LANE ESTATES: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.