ZIP 33840 vs ZIP 33815

33840 is one of 40 ZIP codes that lie mostly in Polk County, FL.

Shaded by typical home value, it ranks 32 of the 34 with a value.

33815 is one of 40 ZIP codes that lie mostly in Polk County, FL.

Shaded by typical home value, it ranks 33 of the 34 with a value.

4 school locations in 33815: 1 elementary, 1 middle, 2 high.

In alphabetical order: JESSE KEEN ELEMENTARY SCHOOL, MCKEEL ACADEMY OF TECHNOLOGY, ROSABELLE W. BLAKE ACADEMY, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2024 the typical home in 33840 was worth $204,985.

Values peaked at $209,144 in June 2024. The latest reading is −8.5% from that peak.

As of August 2026: $191,468, +4.3% over twelve months.

Reported values rose −7% since January 2024.

General prices (CPI-U) rose +8% over the same span.

Divide one by the other: in August 2026 dollars, the 2024 home was worth $221,157. So the real change is −13%, not −7%.

Owning the typical home costs about $1,252 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,363 a month.

Price divided by a year's rent: 11.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 33815 was worth $42,390.

Values peaked at $214,239 in June 2024. The latest reading is −14.5% from that peak.

As of August 2026: $183,135, −3.9% over twelve months.

Start with the typical home: $183,135. Put 20% down and borrow $146,508 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,014 a month in principal and interest.

The median household here earns $36,445 a year, $3,037 a month. So the payment takes 33.4% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 7.7% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $254.

In December 2020, with rates at 2.68%, it was $434.

By August 2026, at 6.67%, it was $942 — +117% since December 2020, while the home's value moved +37%.

Reported values rose +332% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $83,661. So the real change is +119%, not +332%.

33815: +332% since January 2000.

Polk County: +222% since January 2000.

Florida: +245% since January 2000 — 33815 ran ahead of it by 87 points.

Owning the typical home costs about $1,198 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,740 a month.

Price divided by a year's rent: 8.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Across Polk County, builders pulled permits for 8,236 new homes in 2025.

Of those, 82% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 12 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 36.

Going out — closed sales: about 5 a month. The drain is drawn 57% narrower: the share of homes for sale that sell each month is 43% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 6.8 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 7 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 5 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 8 — so sales ran at 63% of it, and below it in 16 of the last 24 months.

Across Polk County, builders pulled permits for 8,236 new homes in 2025.

Of those, 82% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Polk County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 15,366 moved in. Among the ten receiving the most, 9,213 moved out.

Net across those counties: +6,153 households. Beside it, homes for sale in this ZIP: 1 in April 2026.

Most arrivals came from Orange, FL (4,119 households); most departures went to Orange, FL (2,300).

This ZIP sits in Polk County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 15,366 moved in. Among the ten receiving the most, 9,213 moved out.

Net across those counties: +6,153 households. Beside it, homes for sale in this ZIP: 36 in June 2026.

Most arrivals came from Orange, FL (4,119 households); most departures went to Orange, FL (2,300).