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Real Estate Market Trends and Analytics in Lake Wales (33859), FL

In September 2026, the median home sale price in Lake Wales (33859), FL was $277,115, with homes selling in an average of 90 days — slower than the 69-day average last year, suggesting buyers have more negotiating room. A total of 366 homes sold in this period, up from 293 last year — a sign of an active market.
View all properties for sale in Lake Wales (33859), FL

Lake Wales (33859), FL Market Trend

Median List Price
The median list price of Lake Wales (33859), FL, was $265,000 in September 2026, compared to $288,428 in September 2025.

Lake Wales (33859), FL Market Trend for Houses

Median List Price
The median list price of houses in Lake Wales (33859), FL, was $299,950 in September 2026, compared to $299,450 in September 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 $243,990 in September 2026, compared to $234,990 in September 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 $93,950 in September 2026, compared to $90,000 in September 2025.

Lake Wales (33859), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Lake Wales (33859), FL, was $19,500 in September 2026, compared to $0 in September 2025.

Lake Wales (33859), FL Housing Market Analysis

There are currently 135 homes listed for sale in Lake Wales (33859), FL, a decrease of 8.16% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $434,315 (up 35.81% year-over-year), and the average price per square foot is $167 compared to $171 in 2025. Properties spend an average of 182 days on the market before going under contract.
135
for sale
12
for rent
366
sold
Median Price
$265K
Median SQFT Price
$167
SF Range
626 - 3,216 SF
Beds
1 - 7
Avg. Dom
182 days
Year Built
1901 - 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 6.71%
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 (33859), FL

New
For Sale
$235,000
House
4 bds · 1 ba · 864 sqft
HIGHLAND PARK MANOR, LAKE WALES
1619 TANGELO STREET
New
For Sale
$399,000
House
3 bds · 1 ba · 1,400 sqft
BLUE LAKE HEIGHTS, LAKE WALES
149 COUNTY ROAD 640
New
For Sale
$240,000
4 bds · 3 ba · 2,044 sqft
LAKE WALES ESTATES, LAKE WALES
4915 KEY DEER AVENUE
New
For Sale
$198,000
House
3 bds · 2 ba · 1,200 sqft
SOUTHLAKEWALES, LAKE WALES
276 TAYLOR STREET
New
For Sale
$119,000
House
3 bds · 1 ba · 1,216 sqft
COMMERCIAL BANANA PLANTATIONS, LAKE WALES
5933 WAVERLY ROAD
New
For Sale
$349,000
House
3 bds · 2 ba · 2,035 sqft
LAKE ASHTON GOLF CLUB PH 01, LAKE WALES
4195 MUIRFIELD LOOP
New
For Sale
$316,998
House
3 bds · 2 ba · 2,107 sqft
RESERVE AT FOREST LAKE - PHASE 1, LAKE WALES
878 WEDGEWOOD STREET
New
For Sale
$265,000
House
4 bds · 3 ba · 2,056 sqft
SOUTH LAKE WALES, LAKE WALES
4924 WASHINGTON STREET

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