In August 2026, the median home sale price in Lake Wales (33859), FL was $280,000, with homes selling in an average of 91 days — slower than the 70-day average last year, suggesting buyers have more negotiating room. A total of 370 homes sold in this period, up from 273 last year — a sign of an active market.
The median list price of Lake Wales (33859), FL, was $267,990 in August 2026, compared to $287,498 in August 2025.
Lake Wales (33859), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33859), FL, was $299,900 in August 2026, compared to $299,900 in August 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 $243,990 in August 2026, compared to $239,180 in August 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 $74,950 in August 2026, compared to $95,000 in August 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 August 2026, compared to $0 in August 2025.
Lake Wales (33859), FL Housing Market Analysis
There are currently 138 homes listed for sale in Lake Wales (33859), FL, a decrease of 1.43% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $431,535 (up 41.92% year-over-year), and the average price per square foot is $168 compared to $171 in 2025. Properties spend an average of 184 days on the market before going under contract.
