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Real Estate Market Trends and Analytics in Lake Wales (33859), FL

In July 2026, the median home sale price in Lake Wales (33859), FL was $285,000, with homes selling in an average of 92 days — slower than the 68-day average last year, suggesting buyers have more negotiating room. A total of 390 homes sold in this period, up from 254 last year — a sign of an active market.
View all properties for sale in Lake Wales (33859), FL

Lake Wales (33859), FL Market Trend

Median List Price
The median list price of Lake Wales (33859), FL, was $263,714 in July 2026, compared to $271,434 in July 2025.

Lake Wales (33859), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33859), FL, was $287,654 in July 2026, compared to $299,900 in July 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 $240,463 in July 2026, compared to $237,896 in July 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 $53,900 in July 2026, compared to $85,000 in July 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 July 2026, compared to $0 in July 2025.

Lake Wales (33859), FL Housing Market Analysis

There are currently 129 homes listed for sale in Lake Wales (33859), FL, a decrease of 12.84% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $421,766 (up 41.15% year-over-year), and the average price per square foot is $167 compared to $168 in 2025. Properties spend an average of 189 days on the market before going under contract.
129
for sale
21
for rent
390
sold
Median Price
$264K
Median SQFT Price
$167
SF Range
626 - 3,216 SF
Beds
1 - 8
Avg. Dom
189 days
Year Built
1901 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $181K
Median Monthly Mortgage $1K/mo
Median Rent $1K/mo
Homeownership Rate 77.5%
Cost Burden 22.9%

Foreclosure Risk Score

21/100 MODERATE
30-Year Mortgage Rate 6.49%
Local Unemployment 3.6%

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

Data powered by brokerone.io

Properties in Lake Wales (33859), FL

New
For Sale
$1,450,000
Commercial
0 room(s) · 1,612 sqft
CARLTON CLUB INC REP, LAKE WALES
3900 CHALET SUZANNE DRIVE
New
For Sale
$246,240
House
4 bds · 2 ba · 1,733 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
826 WODEN DRIVE
New
For Sale
$325,000
House
6 bds · 3 ba · 2,522 sqft
HUNT CLUB GROVES 40S, LAKE WALES
3638 HARDMAN DRIVE
New
For Sale
$459,900
House
4 bds · 2 ba · 2,028 sqft
CROOKED LAKE PARK TR 05, LAKE WALES
246 CANAL DRIVE
New
For Sale
$274,990
House
4 bds · 2 ba · 1,498 sqft
ANNABELLE ESTATES, LAKE WALES
4513 FAITH DRIVE
New
For Sale
$274,990
House
4 bds · 2 ba · 1,498 sqft
ANNABELLE ESTATES, LAKE WALES
4410 BLACKWELL AVENUE
New
For Sale
$30,000
Lots/Land
0.17 acres
LAKE WALES
387 AVENUE B
New
For Sale
$253,990
House
3 bds · 2 ba · 1,463 sqft
ANNABELLE ESTATES, LAKE WALES
4702 TONY STREET

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