Momentum Housing Data · Home Values · Polk County
Buying here? See Lake James Ph 01 homes for sale and the Lake James Ph 01 community guide (Lakeland).
LAKE JAMES PH 01 (LAKELAND, FL): 11 recorded closings in the 12 months ending 2026-08-02, a 6-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 94.5% of original asking; the median sale took 124 days (window ending 2026-08-02).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $395,000 | $209 | 124 | 94.5% | 11 |
| 2025 | $472,500 | $228 | 58 | 95.5% | 10 |
| 2024 | $429,100 | $232 | 38 | 95.2% | 10 |
| 2023 | $440,000 | $204 | 30 | 97.9% | 6 |
| 2022 | $354,950 | $211 | 7 | 100.0% | 8 |
| 2015 | $263,500 | $111 | 130 | 95.1% | 4 |
Over the recorded series, LAKE JAMES PH 01’s median sold price moved from $263,500 (2015) to $395,000 (12 months ending 2026-08-02) — +50% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2015 at $263,500. Against the 2025 peak of $472,500, the current median stands at -16%. Annual sales volume here has ranged from 0 to 11 closings a year (10-yr average 4.7). With roughly 4.7 closings a year, LAKE JAMES PH 01’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
What actually trades here: 98% single-family residence, 2% ?, with a median of 1,925 sq ft and a median price per square foot of $209 in the current window.
Of the 28 recorded LAKE JAMES PH 01 closings since 2024, half landed between $390,000 and $480,875 (the middle two quartiles); the lowest recorded sale was $340,000 and the highest $559,500. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $375,000 | 3 (11%) | |
| $375,000 – $416,667 | 8 (29%) | |
| $416,667 – $458,333 | 3 (11%) | |
| $458,333 – $500,000 | 11 (39%) | |
| None and up | 3 (11%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($225 vs $200) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,476–1,857 sq ft | $225 | $385,900 | $340,000 – $486,500 | 9 |
| Mid-size homes 1,890–1,967 sq ft | $241 | $475,000 | $390,000 – $511,500 | 9 |
| Larger homes 2,002–2,914 sq ft | $200 | $470,000 | $389,000 – $559,500 | 10 |
At LAKE JAMES PH 01’s $395,000 median and Polk County’s adopted 16.19 mills (FY2025-26), a home assessed at that price carries roughly $6,390 a year in property tax before exemptions, or about $5,720 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 2008, 78 LAKE JAMES PH 01 listings were withdrawn, canceled, or expired without selling (3 so far in 2026) — overpricing is the recurring cause statewide. Over the recorded years, an average of 62% of LAKE JAMES PH 01 listings ended without selling (withdrawn/canceled/expired); in 2026 that rate was 27%. Momentum’s market-heat index for LAKE JAMES PH 01 reads 28/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 55% of recorded LAKE JAMES PH 01 sales in the window ending 2026-06 (6 of 11) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a LAKE JAMES PH 01 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 LAKE JAMES PH 01 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 |
|---|---|---|---|---|
| ITCHEPACKESASSA CREEK | $389,000 | $219 | 20 | 6 |
| TERRALARGO | $415,000 | $201 | 40 | 18 |
| HUNTINGTON HILLS | $365,000 | $211 | 29 | 10 |
| FORT SOCRUM VILLAGE | $342,500 | $161 | 23 | 4 |
| School | Level | FLDOE grade |
|---|---|---|
| Polk County Public Schools (verify by address) | Public | — |
| Confirm zoned elementary, middle, and high | By address | — |
| Note: 55+ community, schools rarely used | By address | — |
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 LAKE JAMES PH 01: 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 2007 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.