In February 2026, Lake Wales, FL homes were selling for an average price of $278,483, Lake Wales, FL homes on average sell after 91 days on the market compared to 83 days last year. There were 897 homes sold in Lake Wales, FL for February 2026, compared to 928 last year.
The average list price of Lake Wales, FL, was $293,766 in February 2026, compared to $243,486 in February 2025.
Lake Wales, FL Market Trend for Houses
Average List Price
The average list price of houses in Lake Wales, FL, was $412,549 in February 2026, compared to $312,919 in February 2025.
Lake Wales, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Lake Wales, FL, was $175,426 in February 2026, compared to $191,892 in February 2025.
Lake Wales, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Lake Wales, FL, was $200,215 in February 2026, compared to $118,731 in February 2025.
Lake Wales, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Lake Wales, FL, was $394,497 in February 2026, compared to $881,062 in February 2025.
Lake Wales, FL Housing Market Analysis
The average list price in Lake Wales, FL is $293,766. The average list price in Lake Wales, FL went up 21.12% from 2025 to 2026. Lake Wales, FL home resale inventories is 707, which increased 38.63% since 2025. The average list price per square foot in Lake Wales, FL is $194. 2025 it was $172.
