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Housing in Medulla

88 homes sold in Medulla in the last year, at a typical $326K

About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Medulla homes are listed.

Homes sold
88
June 2025 to May 2026
Typical sale price
$326K
median, weighted by sales
Price per square foot
$196
Florida $250
Paid vs. asking
97.8%
23% sold over asking
For sale now
16
May 2026 · 9 sold that month
What sold · last 12 months

Houses are 81% of Medulla’s sales, at a typical $347K

88 homes sold in the year to May 2026.

Houses$347K

typical sale · 71 sold in 12 months

Per square foot
$201FL $245
Days to sell
45
Sold over asking
21%
Listings with a price cut
44%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $335K
Townhouses: 15 sold, typical $228K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

88 sales in the last year, against 220 in 2018 and a low of 103 in 2025. The typical sale went from $169K in 2016 to $326K.

Homes soldTypical sale price
062125187250$175K$250K$325K$400K2012: 113 sold, typical $131K’122013: 128 sold, typical $123K2014: 118 sold, typical $152K’142015: 125 sold, typical $169K2016: 191 sold, typical $169K’162017: 188 sold, typical $166K2018: 220 sold, typical $185K’182019: 184 sold, typical $205K2020: 178 sold, typical $215K’202021: 218 sold, typical $270K2022: 174 sold, typical $317K’222023: 114 sold, typical $356K2024: 108 sold, typical $347K’242025: 103 sold, typical $319KLast 12 months: 88 sold, typical $326KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Medulla

Houseat $201 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Medulla homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Medulla are more common than before the pandemic, but 20% fewer homes come up for sale

We read every month of Medulla’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 88 sales.

If you’re buying in Medulla

  • Shop in February. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
  • You can negotiate. 40% of listings have cut their price, against 27% before the pandemic.
  • Offer under asking. Buyers paid 97.8% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 50 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 18 a month), but April is the most competitive: 32% of April sales close over asking. February and March offer nearly as much choice with fewer homes bid up (14%). February has the least competition (14%).

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 14 new listings a month, 15% sold over asking, 34 days to sellJFeb: 17 new listings a month, 14% sold over asking, 41 days to sellFMar: 16 new listings a month, 19% sold over asking, 32 days to sellMApr: 18 new listings a month, 32% sold over asking, 32 days to sellAMay: 18 new listings a month, 25% sold over asking, 24 days to sellMJun: 17 new listings a month, 24% sold over asking, 30 days to sellJJul: 16 new listings a month, 20% sold over asking, 22 days to sellJAug: 17 new listings a month, 22% sold over asking, 31 days to sellASep: 14 new listings a month, 27% sold over asking, 23 days to sellSOct: 16 new listings a month, 22% sold over asking, 35 days to sellONov: 14 new listings a month, 22% sold over asking, 31 days to sellNDec: 10 new listings a month, 20% sold over asking, 35 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Florida

Medulla now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price23%15%43%10%
Gone within two weeksShare of homes under contract within 14 days30%36%71%20%
Listings with a price cutShare of homes for sale that cut their price40%27%28%28%
Price paid vs. askingAverage sale price ÷ list price97.8%97.8%99.9%96.3%
Days to sellMedian days from listing to contract5033876
Supply

28 homes for sale on a typical day

That’s twice the 2021 low (14), 20% fewer than in 2017–19 and well under 2012’s 68.

2012: 68 for sale’122013: 44 for sale2014: 45 for sale2015: 43 for sale’152016: 45 for sale2017: 39 for sale2018: 37 for sale’182019: 30 for sale2020: 17 for sale2021: 14 for sale’212022: 22 for sale2023: 20 for sale2024: 30 for sale’242025: 36 for saleLast 12 months: 28 for saleNow
Room to negotiate

1 in 3 listings has cut its price

40% in the last year, against 27% in 2017–19 and 28% across Florida. More sellers are pricing high and coming down.

2015: 26%’152016: 20%2017: 23%2018: 27%’182019: 33%2020: 32%2021: 28%’212022: 39%2023: 41%2024: 39%’242025: 38%Last 12 months: 40%Now
Across Florida

Medulla ranks 13th of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Medulla is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Medulla home costs about $1,887 a month

Mortgage
Property tax
Insurance
Rent

Price: Medulla’s typical sale, last 12 months. Property tax at Medulla’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Medulla is affordable on local pay is on Cost of living.

Before you buy in Medulla

Six things worth knowing

18

New listings in May

The month with the most choice. December has the fewest, about 10.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $326K home, about $2,230 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Medulla, from test results, graduation and how much students grow.

Schools in Medulla
26 min

Typical commute

The average one-way trip to work for people who live in Medulla.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Fuller Heights, Mulberry and Lakeland sell for less a square foot

The busier markets within 25 miles of Medulla, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lakeland1,389$304K$18714%56
Highland City159$351K$20116%57
Fuller Heights151$299K$17721%45
Lakeland Highlands139$415K$19613%48
Medulla88$326K$19623%50
Mulberry53$297K$17813%98
Willow Oak25$354K$2084%110

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Medulla, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Medulla. People who follow the town see it, and so do people comparing Medulla with their own town. No commission, no listing fee.

Questions about buying a home in Medulla

What do homes sell for in Medulla, FL?

88 homes sold in the year to May 2026 at a typical $326K, $196 a square foot.

Is Medulla a buyer’s or seller’s market?

A seller’s market: 16 homes were for sale in May 2026 and 9 sold, about 1.8 months of supply. Buyers paid 97.8% of asking on average, and 40% of listings cut their price.

When is the best time to buy in Medulla?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Medulla?

About 0.7% of a home’s value a year. On a $326K home that’s near $2,230.

Where can I see homes for sale in Medulla?

Zillow, Redfin, Realtor.com and Homes.com all carry Medulla’s MLS listings; the search links above open each one filtered to Medulla.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).