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

In June 2026, the median home sale price in Lake Wales (33853), FL was $249,900, with homes selling in an average of 90 days — slower than the 77-day average last year, suggesting buyers have more negotiating room. A total of 181 homes sold in this period, down from 195 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 $242,500 in June 2026, compared to $249,945 in June 2025.

Lake Wales (33853), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33853), FL, was $259,000 in June 2026, compared to $255,000 in June 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 $82,400 in June 2026, compared to $97,450 in June 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 $163,500 in June 2026, compared to $152,000 in June 2025.

Lake Wales (33853), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales (33853), FL, was $444,500 in June 2026, compared to $315,000 in June 2025.

Lake Wales (33853), FL Housing Market Analysis

There are currently 127 homes listed for sale in Lake Wales (33853), FL, an increase of 58.75% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $315,666 (down 5.47% year-over-year), and the average price per square foot is $161 compared to $168 in 2025. Properties spend an average of 170 days on the market before going under contract.
127
for sale
28
for rent
181
sold
Median Price
$242K
Median SQFT Price
$161
SF Range
532 - 17,600 SF
Beds
1 - 6
Avg. Dom
170 days
Year Built
1900 - 2026
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 6.51%
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
$225,000
House
3 bds · 1 ba · 1,000 sqft
MORNINGSIDE PARK 1ST ADD, LAKE WALES
1448 MORNINGSIDE
New
For Sale
$255,000
Multi-family
0 room(s) · 1,455 sqft
NORTHSIDE HEIGHTS, Lake Wales
130 E Northside Drive, Lake Wales FL 33853
New
For Sale
$286,200
Lots/Land
1.23 acres
LAKE WALES
US HIGHWAY 27 S
New
For Sale
$248,000
House
4 bds · 2 ba · 1,338 sqft
CORAL ACRES, LAKE WALES
415 KING STREET
New
For Sale
$699,000
Lots/Land
1.70 acres
TWENTY-SEVEN CORNERS, LAKE WALES
S US HIGHWAY 27
New
For Sale
$295,000
House
4 bds · 2 ba · 1,832 sqft
LAKE WALES HIGHLAND HEIGHTS RESUB PT, LAKE WALES
724 EUCLID AVENUE
For Sale
$239,900
House
3 bds · 2 ba · 1,592 sqft
TWIN LAKE PARK RESUB, LAKE WALES
208 WEAVER AVENUE
For Sale
$289,000
House
3 bds · 2 ba · 2,244 sqft
WHISPERING RIDGE PH 01, LAKE WALES
1018 ROBERTA ROAD

Market Trends nearby