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.
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.