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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 $261,240, 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 939 homes sold in this period, up from 907 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 $198,900 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 $157,400 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 699 homes listed for sale in Lake Wales, FL, an increase of 42.94% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $267,609 (up 9.22% year-over-year), and the average price per square foot is $169 compared to $167 in 2025. Properties spend an average of 233 days on the market before going under contract.
699
for sale
60
for rent
939
sold
Median Price
$199K
Median SQFT Price
$169
SF Range
350 - 17,600 SF
Beds
1 - 8
Avg. Dom
233 days
Year Built
1900 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $181K
Median Monthly Mortgage $1K/mo
Median Rent $1K/mo
Homeownership Rate 77.5%
Cost Burden 22.9%

Foreclosure Risk Score

21/100 MODERATE
30-Year Mortgage Rate 6.49%
Local Unemployment 3.6%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Lake Wales, FL

For Sale
$395,000
House
3 bds · 2 ba · 2,074 sqft
LAKE ASHTON GOLF CLUB PH 06, LAKE WALES
4084 STONE CREEK LOOP
For Sale
$253,990
Townhouse
3 bds · 2 ba · 1,463 sqft
ANNABELLE ESTATES, LAKE WALES
4719 TONY STREET
For Sale
$261,990
House
5 bds · 2 ba · 1,739 sqft
LEOMAS LANDING - PHASE 2, LAKE WALES
1114 AMBER WAVES COURT
For Sale
$330,000
House
4 bds · 2 ba · 1,992 sqft
WHISPERING RIDGE PH 01, LAKE WALES
996 JOYCE ROAD
For Sale
$1,450,000
House
3 bds · 2 ba · 1,612 sqft
CARLTON CLUB INC REP, LAKE WALES
3900 CHALET SUZANNE DRIVE
For Sale
$70,000
House
1 bds · 1 ba · 648 sqft
LAKESHORE CLUB, LAKE WALES
4719 CLUB CIRCLE
For Sale
$150,000
3 bds · 2 ba · 1,456 sqft
NOT IN SUBDIVISION, LAKE WALES
8881 DEER RUN DRIVE
For Sale
$110,000
House
1 bds · 1 ba · 648 sqft
LAKESHORE CLUB, LAKE WALES
3111 CLUB CIRCLE

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