In September 2026, the median home sale price in Lake Wales, FL was $257,115, with homes selling in an average of 100 days — slower than the 86-day average last year, suggesting buyers have more negotiating room. A total of 911 homes sold in this period, down from 917 last year.
The median list price of Lake Wales, FL, was $179,900 in September 2026, compared to $218,900 in September 2025.
Lake Wales, FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales, FL, was $290,000 in September 2026, compared to $298,815 in September 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 $165,000 in September 2026, compared to $222,990 in September 2025.
Lake Wales, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake Wales, FL, was $49,950 in September 2026, compared to $49,000 in September 2025.
Lake Wales, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales, FL, was $444,500 in September 2026, compared to $378,450 in September 2025.
Lake Wales, FL Housing Market Analysis
There are currently 633 homes listed for sale in Lake Wales, FL, an increase of 33.83% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $281,004 (up 2.19% year-over-year), and the average price per square foot is $170 compared to $167 in 2025. Properties spend an average of 245 days on the market before going under contract.
