Polk County, Florida home prices
Typical home $295,509 · -2.2% in a year · property tax 0.73%
The typical home in Polk County is worth $295,509, 21% less than the Florida typical home ($375,361). Values changed -2.2% in the past year and +15.7% over five years. Homeowners here pay a median 0.73% of their home's value in property tax each year ($2,143 on the typical home), versus 0.8% statewide.
Mortgage on the typical Polk County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,102 | $236,408 | $1,590 | $0 | $326 | $1,917 | $82,100 |
| 10% down | $29,551 | $265,959 | $1,789 | $111 | $326 | $2,226 | $95,400 |
| 5% down | $14,775 | $280,734 | $1,889 | $117 | $326 | $2,332 | $99,900 |
| 3.5% down (FHA) | $10,343 | $290,157 | $1,952 | $131 | $326 | $2,409 | $103,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.73% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Florida · part of the Lakeland metro area.
Florida counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Duval County | $294,079 | -0.3% | 0.75% |
| Charlotte County | $298,906 | -3.3% | 0.85% |
| Alachua County | $298,912 | -1.3% | 0.96% |
| Leon County | $291,390 | +1.5% | 0.79% |
| Okeechobee County | $289,216 | +0.8% | 0.74% |
| Levy County | $287,334 | -0.7% | 0.63% |
| Wakulla County | $285,880 | +0.9% | 0.64% |
| Jefferson County | $305,552 | +4.4% | 0.62% |
| Hernando County | $306,116 | -1.7% | 0.67% |
| Gilchrist County | $306,253 | +2.4% | 0.65% |
Frequently asked questions
What is the average home price in Polk County, FL?
The typical home value in Polk County is $295,509 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Polk County?
About $82,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Polk County?
The median effective rate is 0.73% of home value a year (Census ACS 2024 5-year estimates).