Lotvox market story
ZIP 33840
Polk County, FL
What homes are worth, what they cost to carry, how fast they sell — one step at a time.
- Typical home value
- $191,468
- 12-month change
- +4.3%
- Real change since 2024
- −13%
This week since 2026-10-08: No change in the headline figures since 2026-10-08.
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Who's going to sell in 33840 this year?
Lotvox Turnover Index
Ranking every home in 33840 by how likely it is to sell
The Lotvox Turnover Index isn't offered for 33840 yet.
Where
33840 in Polk County, FL
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.
- Value rank in county
- 32 of 34
Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research
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What it costs
Home values
What homes are worth in 33840
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.
- Typical home value
- $191,468
- 12-month change
- +4.3%
Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31
Lotvox lens
Home value after inflation
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
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%.
- Real change since 2024
- −13%
Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.
Lotvox lens
Rent or own
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.
- Price-to-rent
- 11.7
Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)
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What's moving
New supply
Homes being permitted
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).
- Units permitted 2025
- 8,236
Source: U.S. Census Bureau, Building Permits Survey · data as of 2025
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Who's holding, who's leaving
Housing pulse
Migration and inventory
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).
- Net households (top-10 flows)
- +6,153
Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-04-01
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What to do
