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Real Estate Market Trends and Analytics in Lake Wales (33853), FL

In September 2026, the median home sale price in Lake Wales (33853), FL was $247,900, with homes selling in an average of 95 days — slower than the 78-day average last year, suggesting buyers have more negotiating room. A total of 177 homes sold in this period, down from 194 last year.
View all properties for sale in Lake Wales (33853), FL

Lake Wales (33853), FL Market Trend

Median List Price
The median list price of Lake Wales (33853), FL, was $249,750 in September 2026, compared to $249,500 in September 2025.

Lake Wales (33853), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33853), FL, was $254,500 in September 2026, compared to $255,000 in September 2025.

Lake Wales (33853), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Lake Wales (33853), FL, was $129,999 in September 2026, compared to $63,000 in September 2025.

Lake Wales (33853), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Lake Wales (33853), FL, was $124,495 in September 2026, compared to $97,000 in September 2025.

Lake Wales (33853), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales (33853), FL, was $450,000 in September 2026, compared to $359,900 in September 2025.

Lake Wales (33853), FL Housing Market Analysis

There are currently 108 homes listed for sale in Lake Wales (33853), FL, an increase of 40.26% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $348,701 (down 7.11% year-over-year), and the average price per square foot is $164 compared to $162 in 2025. Properties spend an average of 188 days on the market before going under contract.
108
for sale
19
for rent
177
sold
Median Price
$250K
Median SQFT Price
$164
SF Range
532 - 19,632 SF
Beds
2 - 6
Avg. Dom
188 days
Year Built
1915 - 2025
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $177K
Median Monthly Mortgage $1K/mo
Median Rent $949/mo
Homeownership Rate 54.5%
Cost Burden 21.4%

Foreclosure Risk Score

11/100 LOW
30-Year Mortgage Rate 6.71%
Local Unemployment 3.7%

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

Data powered by brokerone.io

Properties in Lake Wales (33853), FL

New
For Sale
$150,000
House
3 bds · 2 ba · 1,421 sqft
NORTH SHORE HILLS, LAKE WALES
714 HILLSIDE AVENUE
New
For Sale
$165,000
House
3 bds · 2 ba · 995 sqft
CORAL ACRES, LAKE WALES
465 AUSTIN STREET
New
For Sale
$175,500
House
3 bds · 2 ba · 1,372 sqft
PINEHURST SUB, LAKE WALES
1234 CIRCLE DRIVE
-$11K
For Sale
$129,999
Townhouse
2 bds · 2 ba · 1,248 sqft
GREENBRIAR PH 01, LAKE WALES
514 GREENVIEW TERRACE UNIT A
New
For Sale
$599,000
House
3 bds · 2 ba · 3,206 sqft
LAKE WALES, LAKE WALES
706 S LAKESHORE BOULEVARD
For Sale
$249,000
House
3 bds · 2 ba · 1,367 sqft
LAKE WALES HEIGHTS, LAKE WALES
940 CARLTON AVENUE
For Sale
$234,990
House
3 bds · 2 ba · 2,008 sqft
ALTA VISTA ADD/LK WALES, LAKE WALES
515 N 3RD STREET
For Sale
$300,000
House
3 bds · 2 ba · 1,558 sqft
HIGHLAND CREST PHASE ONE, LAKE WALES
706 HIGHLAND CREST LOOP

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