In July 2026, the median home sale price in Lake Wales (33859), FL was $285,000, with homes selling in an average of 92 days — slower than the 68-day average last year, suggesting buyers have more negotiating room. A total of 390 homes sold in this period, up from 254 last year — a sign of an active market.
The median list price of Lake Wales (33859), FL, was $263,714 in July 2026, compared to $271,434 in July 2025.
Lake Wales (33859), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33859), FL, was $287,654 in July 2026, compared to $299,900 in July 2025.
Lake Wales (33859), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Lake Wales (33859), FL, was $240,463 in July 2026, compared to $237,896 in July 2025.
Lake Wales (33859), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake Wales (33859), FL, was $53,900 in July 2026, compared to $85,000 in July 2025.
Lake Wales (33859), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales (33859), FL, was $1,450,000 in July 2026, compared to $0 in July 2025.
Lake Wales (33859), FL Housing Market Analysis
There are currently 129 homes listed for sale in Lake Wales (33859), FL, a decrease of 12.84% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $421,766 (up 41.15% year-over-year), and the average price per square foot is $167 compared to $168 in 2025. Properties spend an average of 189 days on the market before going under contract.