In August 2026, the median home sale price in Lake Wales (33853), FL was $247,950, with homes selling in an average of 93 days — slower than the 80-day average last year, suggesting buyers have more negotiating room. A total of 176 homes sold in this period, down from 191 last year.
The median list price of Lake Wales (33853), FL, was $253,000 in August 2026, compared to $249,500 in August 2025.
Lake Wales (33853), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33853), FL, was $266,250 in August 2026, compared to $249,950 in August 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 $84,900 in August 2026, compared to $68,000 in August 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 $92,995 in August 2026, compared to $50,000 in August 2025.
Lake Wales (33853), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales (33853), FL, was $450,000 in August 2026, compared to $359,900 in August 2025.
Lake Wales (33853), FL Housing Market Analysis
There are currently 112 homes listed for sale in Lake Wales (33853), FL, an increase of 34.94% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $314,471 (down 13.16% year-over-year), and the average price per square foot is $157 compared to $165 in 2025. Properties spend an average of 184 days on the market before going under contract.