In May 2025, Lake Wales, FL homes were selling for an average price of $260,866, Lake Wales, FL homes on average sell after 90 days on the market compared to 70 days last year. There were 917 homes sold in Lake Wales, FL for May 2025, compared to 1024 last year.
The average list price of Lake Wales, FL, was $293,689 in May 2025, compared to $262,542 in May 2024.
Lake Wales, FL Market Trend for Houses
Average List Price
The average list price of houses in Lake Wales, FL, was $401,900 in May 2025, compared to $304,168 in May 2024.
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 $170,289 in May 2025, compared to $136,087 in May 2024.
Lake Wales, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Lake Wales, FL, was $166,476 in May 2025, compared to $203,598 in May 2024.
Lake Wales, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Lake Wales, FL, was $609,052 in May 2025, compared to $434,919 in May 2024.
Lake Wales, FL Housing Market Analysis
The average list price in Lake Wales, FL is $293,689. The average list price in Lake Wales, FL went up 9.84% from 2024 to 2025. Lake Wales, FL home resale inventories is 633, which increased 79.83% since 2024. The average list price per square foot in Lake Wales, FL is $193. 2024 it was $176.
