After a steep drop in 2025, new home starts picking up in Lakeland
A crew bricks a house for Grant Homes at the Lakeland Meadows residential project in Lakeland off Seed Tick Road north of U.S. 70. (Michael Waddell/The Daily Memphian)
The new year is starting off a little busier than a year ago for home builders and developers in Lakeland.
New home sales significantly dropped during 2025 in the suburb compared to 2024, according to statistics from the Memphis Area Association of Realtors.
New homes sales year-to-date for November 2025 totaled only 16 compared 43 during the same span during 2024. At the same time, the average price per new home jumped 2.8% to $653,487.
This is an excerpt of this story. To read more, please click here and subscribe.Â
Topics
Subscriber Only City of Lakeland Paul Luker Carey Grant Vince Smith AshmontThank you for being a subscriber to The Daily Memphian. Your support is critical.
As a 501(c)3 nonprofit news organization with a hybrid business model, we rely on a mix of revenue from subscriptions (50%), advertising, events and miscellaneous earned income (25%) and fundraising (25%).
Please consider making a fully tax-deductible donation or other contribution to The Daily Memphian today.
👉 Your subscription pays for you to read all our journalism.
👉 Your donation powers the work we do to reach everyone else with the news.
We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now.
Michael Waddell
Michael Waddell is a native Memphian with more than 20 years of professional writing and editorial experience, working most recently with The Daily News and High Ground News.
Comments
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.