In April 2026, the median home sale price in Lake Wales (33898), FL was $215,000, with homes selling in an average of 103 days — slower than the 92-day average last year, suggesting buyers have more negotiating room. A total of 384 homes sold in this period, down from 460 last year.
The median list price of Lake Wales (33898), FL, was $164,900 in April 2026, compared to $139,000 in April 2025.
Lake Wales (33898), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33898), FL, was $347,378 in April 2026, compared to $294,260 in April 2025.
Lake Wales (33898), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Lake Wales (33898), FL, was $119,000 in April 2026, compared to $135,450 in April 2025.
Lake Wales (33898), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake Wales (33898), FL, was $54,900 in April 2026, compared to $49,000 in April 2025.
Lake Wales (33898), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales (33898), FL, was $418,000 in April 2026, compared to $19,900 in April 2025.
Lake Wales (33898), FL Housing Market Analysis
There are currently 439 homes listed for sale in Lake Wales (33898), FL, an increase of 58.48% 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 $256,058 (up 30.78% year-over-year), and the average price per square foot is $219 compared to $173 in 2025. Properties spend an average of 228 days on the market before going under contract.
