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

In October 2026, the median home sale price in Lake Wales (33859), FL was $272,542, with homes selling in an average of 90 days — slower than the 71-day average last year, suggesting buyers have more negotiating room. A total of 358 homes sold in this period, up from 306 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 $284,900 in October 2026, compared to $286,171 in October 2025.

Lake Wales (33859), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33859), FL, was $318,445 in October 2026, compared to $299,740 in October 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 $225,558 in October 2026, compared to $227,789 in October 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 $93,450 in October 2026, compared to $90,000 in October 2025.

Lake Wales (33859), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales (33859), FL, was $1,850,000 in October 2026, compared to $19,500 in October 2025.

Lake Wales (33859), FL Housing Market Analysis

There are currently 153 homes listed for sale in Lake Wales (33859), FL, an increase of 0.66% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $454,862 (up 51.69% year-over-year), and the average price per square foot is $160 compared to $168 in 2025. Properties spend an average of 177 days on the market before going under contract.
153
for sale
14
for rent
358
sold
Median Price
$285K
Median SQFT Price
$160
SF Range
720 - 5,400 SF
Beds
2 - 6
Avg. Dom
177 days
Year Built
1901 - 2027
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

24/100 MODERATE
30-Year Mortgage Rate 7.40%
Local Unemployment 3.7%

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
$359,639
House
4 bds · 3 ba · 2,077 sqft
SEASONS AT ANNABELLE ESTATES, LAKE WALES
5102 KINSLEY DRIVE
New
For Sale
$360,051
House
4 bds · 3 ba · 2,077 sqft
SEASONS AT ANNABELLE ESTATES, LAKE WALES
5166 KINSLEY DRIVE
New
For Sale
$427,104
House
5 bds · 3 ba · 3,030 sqft
SEASONS AT ANNABELLE ESTATES, LAKE WALES
5162 KINSLEY DRIVE
New
For Sale
$415,000
House
3 bds · 2 ba · 2,229 sqft
LAKE ASHTON GOLF CLUB PH 01, LAKE WALES
4299 ASHTON CLUB DRIVE
New
For Sale
$119,900
House
2 bds · 1 ba · 768 sqft
SCOTT W W ADD, LAKE WALES
613 W DATE STREET
+$8K
For Sale
$299,990
House
5 bds · 3 ba · 2,238 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
2530 MCKINLEY DRIVE
New
For Sale
$2,250,000
Commercial
0 room(s) · 2,304 sqft
ACREAGE, LAKE WALES
16311 HWY 27
New
For Sale
$35,000
Lots/Land
0.98 acres
LAKE WALES
0 WOODVILLE STREET

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