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

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.
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 $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.
112
for sale
19
for rent
176
sold
Median Price
$253K
Median SQFT Price
$157
SF Range
532 - 19,632 SF
Beds
1 - 6
Avg. Dom
184 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

11/100 LOW
30-Year Mortgage Rate 6.58%
Local Unemployment 3.9%

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

New
For Sale
$300,000
House
3 bds · 2 ba · 1,432 sqft
NORTH SHORE HILLS ADD, LAKE WALES
811 HILLSIDE AVENUE
New
For Sale
$299,990
Multi-family
1 bds · 1,149 sqft
NOT IN SUBDIVISION, LAKE WALES
1120 S SCENIC HIGHWAY
New
For Sale
$199,900
House
3 bds · 2 ba · 1,133 sqft
LINCOLN PARK ADD, LAKE WALES
220 D STREET
New
For Sale
$299,990
House
3 bds · 2 ba · 1,149 sqft
NOT IN SUBDIVISION, LAKE WALES
1120 S SCENIC HIGHWAY
New
For Sale
$275,000
House
3 bds · 2 ba · 1,746 sqft
WHISPERING RDG PH 1, LAKE WALES
1128 ROBERTA ROAD
New
For Sale
$420,000
House
5 bds · 4 ba · 3,676 sqft
BUSH HEIGHTS, LAKE WALES
1018 N TOWER LANE UNIT A
New
For Sale
$149,000
2 bds · 2 ba · 858 sqft
THOUSAND ROSES, LAKE WALES
1413 THOUSAND ROSES DRIVE S
For Sale
$277,000
House
4 bds · 2 ba · 1,837 sqft
ROLLING OAK RIDGE SUB, LAKE WALES
722 HUNT DRIVE

Market Trends nearby