In August 2026, the median home sale price in Lake Wales (33859), FL was $281,990, with homes selling in an average of 91 days — slower than the 69-day average last year, suggesting buyers have more negotiating room. A total of 379 homes sold in this period, up from 268 last year — a sign of an active market.
The median list price of Lake Wales (33859), FL, was $259,000 in August 2026, compared to $287,498 in August 2025.
Lake Wales (33859), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33859), FL, was $284,995 in August 2026, compared to $299,900 in August 2025.
Lake Wales (33859), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Lake Wales (33859), FL, was $243,990 in August 2026, compared to $237,896 in August 2025.
Lake Wales (33859), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake Wales (33859), FL, was $74,950 in August 2026, compared to $95,000 in August 2025.
Lake Wales (33859), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales (33859), FL, was $1,450,000 in August 2026, compared to $0 in August 2025.
Lake Wales (33859), FL Housing Market Analysis
There are currently 136 homes listed for sale in Lake Wales (33859), FL, a decrease of 5.56% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $433,659 (up 42.01% year-over-year), and the average price per square foot is $167 compared to $171 in 2025. Properties spend an average of 178 days on the market before going under contract.
