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

In June 2026, the median home sale price in Lake Wales (33859), FL was $282,990, with homes selling in an average of 90 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 395 homes sold in this period, up from 251 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 $264,990 in June 2026, compared to $287,120 in June 2025.

Lake Wales (33859), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33859), FL, was $300,000 in June 2026, compared to $295,740 in June 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 June 2026, compared to $240,530 in June 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 $61,950 in June 2026, compared to $124,900 in June 2025.

Lake Wales (33859), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales (33859), FL, was $0 in June 2026, compared to $0 in June 2025.

Lake Wales (33859), FL Housing Market Analysis

There are currently 125 homes listed for sale in Lake Wales (33859), FL, a decrease of 15.54% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $423,567 (up 35.01% year-over-year), and the average price per square foot is $168 compared to $170 in 2025. Properties spend an average of 193 days on the market before going under contract.
125
for sale
18
for rent
395
sold
Median Price
$265K
Median SQFT Price
$168
SF Range
626 - 3,216 SF
Beds
1 - 8
Avg. Dom
193 days
Year Built
1951 - 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 6.51%
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

For Sale
$320,000
House
4 bds · 2 ba · 1,931 sqft
LEOMAS LNDG PH 1, LAKE WALES
637 BELL PRAIRIE CIRCLE
For Sale
$399,900
House
3 bds · 2 ba · 1,928 sqft
LAKE ASHTON GOLF CLUB PH 02, LAKE WALES
4017 DUNMORE DRIVE
New
For Sale
$32,000
Lots/Land
1.15 acres
LAKE WALES
0 FRUITVILLE AVENUE
New
For Sale
$370,000
House
3 bds · 2 ba · 2,312 sqft
LAKE ASHTON GOLF CLUB PH 03-A, LAKE WALES
4496 STRATHMORE DRIVE
-$3K
For Sale
$252,490
House
4 bds · 2 ba · 1,733 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
463 ARTEMIS STREET
-$3K
For Sale
$247,490
House
4 bds · 2 ba · 1,733 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
447 ARTEMIS STREET
For Sale
$475,000
Lots/Land
8.00 acres
CENTRAL LAKE ESTATES, LAKE WALES
US-27
For Sale
$329,000
House
3 bds · 3 ba · 1,975 sqft
CROOKED LAKE PARK TR 05, LAKE WALES
502 CANAL DRIVE

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