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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 $248,990, with homes selling in an average of 88 days — slower than the 21-day average last year, suggesting buyers have more negotiating room. A total of 17 homes sold in this period, up from 1 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 $245,000 in October 2026, compared to $233,420 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 $309,900 in October 2026, compared to $338,990 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 $228,037 in October 2026, compared to $230,604 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 $45,000 in October 2026, compared to $34,900 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 $19,500 in October 2026, compared to $19,500 in October 2025.

Lake Wales (33859), FL Housing Market Analysis

There are currently 85 homes listed for sale in Lake Wales (33859), FL, an increase of 672.73% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $266,722 (up 1.44% year-over-year), and the average price per square foot is $154 compared to $154 in 2025. Properties spend an average of 132 days on the market before going under contract.
85
for sale
12
for rent
17
sold
Median Price
$245K
Median SQFT Price
$154
SF Range
626 - 3,152 SF
Beds
1 - 6
Avg. Dom
132 days
Year Built
1949 - 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 6.71%
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
$248,000
House
3 bds · 2 ba · 1,510 sqft
CHALET ESTATES, LAKE WALES
483 LAKE SUZANNE DRIVE
For Sale
$295,490
House
5 bds · 3 ba · 2,238 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
595 ARTEMIS STREET
For Sale
$247,990
House
4 bds · 2 ba · 1,560 sqft
LEOMA'S LANDING, LAKE WALES
1154 AMBER WAVES COURT
New
For Sale
$293,990
House
5 bds · 3 ba · 2,238 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
523 ARTEMIS STREET
New
For Sale
$349,900
House
3 bds · 2 ba · 1,905 sqft
LAKE ASHTON GOLF CLUB PH 02, LAKE WALES
4047 BIRKDALE DRIVE
New
For Sale
$369,000
House
3 bds · 2 ba · 1,672 sqft
LAKE ASHTON GOLF CLUB PH 02, LAKE WALES
4039 ASHTON CLUB DRIVE
New
For Sale
$279,950
House
3 bds · 1 ba · 1,480 sqft
BLUE LAKE TERRACE, LAKE WALES
231 WILLOW STREET
New
For Sale
$289,000
House
4 bds · 2 ba · 1,933 sqft
LEOMAS LNDG PH I, LAKE WALES
506 BELL PRAIRIE CIRCLE

Market Trends nearby