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Real Estate Market Trends and Analytics in Lake Wales (33853), FL

In October 2026, the median home sale price in Lake Wales (33853), FL was $247,900, with homes selling in an average of 95 days — slower than the 83-day average last year, suggesting buyers have more negotiating room. A total of 176 homes sold in this period, down from 200 last year.
View all properties for sale in Lake Wales (33853), FL

Lake Wales (33853), FL Market Trend

Median List Price
The median list price of Lake Wales (33853), FL, was $251,000 in October 2026, compared to $240,000 in October 2025.

Lake Wales (33853), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33853), FL, was $258,000 in October 2026, compared to $249,950 in October 2025.

Lake Wales (33853), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Lake Wales (33853), FL, was $165,999 in October 2026, compared to $68,000 in October 2025.

Lake Wales (33853), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Lake Wales (33853), FL, was $99,990 in October 2026, compared to $149,000 in October 2025.

Lake Wales (33853), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales (33853), FL, was $444,500 in October 2026, compared to $315,000 in October 2025.

Lake Wales (33853), FL Housing Market Analysis

There are currently 118 homes listed for sale in Lake Wales (33853), FL, an increase of 57.33% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $330,727 (up 13.27% year-over-year), and the average price per square foot is $162 compared to $162 in 2025. Properties spend an average of 191 days on the market before going under contract.
118
for sale
22
for rent
179
sold
Median Price
$251K
Median SQFT Price
$162
SF Range
532 - 19,632 SF
Beds
2 - 7
Avg. Dom
191 days
Year Built
1915 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $177K
Median Monthly Mortgage $1K/mo
Median Rent $949/mo
Homeownership Rate 54.5%
Cost Burden 21.4%

Foreclosure Risk Score

14/100 LOW
30-Year Mortgage Rate 7.40%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Lake Wales (33853), FL

For Sale
$258,000
House
4 bds · 3 ba · 1,707 sqft
NORTH SHORE HILLS ADD, LAKE WALES
803 HILLSIDE AVENUE
New
For Sale
$270,000
House
2 bds · 2 ba · 1,636 sqft
PALM PARK TERRACE, LAKE WALES
530 S 7TH STREET
New
For Sale
$159,900
House
3 bds · 2 ba · 1,115 sqft
THULBERRYS SECOND SUB, LAKE WALES
215 DORSETT AVENUE
New
For Sale
$180,000
House
2 bds · 1 ba · 876 sqft
PRITCHARDS SUB, LAKE WALES
618 4TH STREET N
New
For Sale
$195,000
House
3 bds · 2 ba · 1,254 sqft
AVONDALE, LAKE WALES
428 F STREET
New
For Sale
$249,900
House
4 bds · 2 ba · 1,797 sqft
PALM PARK TERRACE, LAKE WALES
613 PALM AVENUE
For Sale
$305,000
House
3 bds · 2 ba · 1,547 sqft
NORTH POINTE PH 01, LAKE WALES
922 CHELSEA WAY
-$100
For Sale
$299,890
Multi-family
4 bds · 1,664 sqft
ORANGE CENTER SUB, LAKE WALES
106-108 W ORANGE AVENUE

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