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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 $249,900, with homes selling in an average of 91 days — slower than the 81-day average last year, suggesting buyers have more negotiating room. A total of 176 homes sold in this period, down from 203 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 $249,900 in August 2026, compared to $249,000 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 $260,000 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 $89,900 in August 2026, compared to $97,450 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 $99,990 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 $337,450 in August 2025.

Lake Wales (33853), FL Housing Market Analysis

There are currently 117 homes listed for sale in Lake Wales (33853), FL, an increase of 37.65% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $318,306 (down 10.08% year-over-year), and the average price per square foot is $157 compared to $165 in 2025. Properties spend an average of 187 days on the market before going under contract.
117
for sale
22
for rent
177
sold
Median Price
$250K
Median SQFT Price
$157
SF Range
532 - 17,600 SF
Beds
1 - 8
Avg. Dom
190 days
Year Built
1900 - 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
$263,000
House
3 bds · 2 ba · 1,863 sqft
HIGHLAND CREST PH 02, LAKE WALES
1038 HIGHLAND CREST CIRCLE
New
For Sale
$135,000
2 bds · 2 ba · 858 sqft
THOUSAND ROSES, LAKE WALES
1413 THOUSAND ROSES DRIVE S
New
For Sale
$995,000
Commercial
0 room(s) · 11,700 sqft
TWIN LAKE PARK SUB, LAKE WALES
104 STATE ROAD 60 W
New
For Sale
$190,000
House
2 bds · 1 ba · 1,056 sqft
FRESCO PARK, LAKE WALES
315 E STREET
New
For Sale
$29,900
Lots/Land
0.14 acres
LINCOLN PARK ADD, LAKE WALES
D STREET
For Sale
$189,000
House
3 bds · 2 ba · 1,352 sqft
HIBISCUS PARK, LAKE WALES
742 HIBISCUS AVENUE
For Sale
$145,000
House
2 bds · 2 ba · 962 sqft
THOUSAND ROSES, LAKE WALES
1433 THOUSAND ROSES AVENUE W
For Sale
$1,150,000
Commercial
0 room(s) · 3,310 sqft
DRUID HILLS, LAKE WALES
441 S 11TH STREET

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