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Real Estate Market Trends and Analytics in Lake Wales, FL

In July 2026, the median home sale price in Lake Wales, FL was $262,915, with homes selling in an average of 97 days — slower than the 87-day average last year, suggesting buyers have more negotiating room. A total of 941 homes sold in this period, up from 902 last year — a sign of an active market.
View all properties for sale in Lake Wales, FL

Lake Wales, FL Market Trend

Median List Price
The median list price of Lake Wales, FL, was $195,000 in July 2026, compared to $209,000 in July 2025.

Lake Wales, FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales, FL, was $297,000 in July 2026, compared to $292,120 in July 2025.

Lake Wales, FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Lake Wales, FL, was $146,900 in July 2026, compared to $224,990 in July 2025.

Lake Wales, FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Lake Wales, FL, was $50,000 in July 2026, compared to $49,000 in July 2025.

Lake Wales, FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales, FL, was $449,000 in July 2026, compared to $337,450 in July 2025.

Lake Wales, FL Housing Market Analysis

There are currently 690 homes listed for sale in Lake Wales, FL, an increase of 41.10% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $266,092 (up 8.60% year-over-year), and the average price per square foot is $170 compared to $167 in 2025. Properties spend an average of 231 days on the market before going under contract.
690
for sale
62
for rent
941
sold
Median Price
$195K
Median SQFT Price
$170
SF Range
350 - 17,600 SF
Beds
1 - 8
Avg. Dom
231 days
Year Built
1900 - 2026
Monthly brief
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Properties in Lake Wales, FL

New
For Sale
$100,000
Lots/Land
0.30 acres
LAKE WALES HIGHLAND HEIGHTS RESUB PT, LAKE WALES
60 E STREET
New
For Sale
$1,200,000
House
2 bds · 2 ba · 1,693 sqft
MAMMOTH GROVE SEC 31, LAKE WALES
2424 BURNS AVENUE
New
For Sale
$180,000
House
2 bds · 1 ba · 816 sqft
GOLF VIEW PARK RESUB, LAKE WALES
3013 LAUREL AVENUE
New
For Sale
$325,000
House
6 bds · 3 ba · 2,522 sqft
HUNT CLUB GROVES 40S, LAKE WALES
3638 HARDMAN DRIVE
New
For Sale
$1,450,000
Commercial
0 room(s) · 1,612 sqft
CARLTON CLUB INC REP, LAKE WALES
3900 CHALET SUZANNE DRIVE
New
For Sale
$149,000
2 bds · 2 ba · 1,144 sqft
TWIN FOUNTAINS INC A CONDO MHP, LAKE WALES
6369 ELMWOOD AVENUE
New
For Sale
$300,000
4 bds · 2 ba · 1,404 sqft
N/A, LAKE WALES
8170 DOGYARD ROAD
New
For Sale
$246,240
House
4 bds · 2 ba · 1,733 sqft
HUNT CLUB GROVES 50S GC, LAKE WALES
826 WODEN DRIVE

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