In September 2026, the median home sale price in Lake Wales (33898), FL was $214,950, with homes selling in an average of 112 days — slower than the 99-day average last year, suggesting buyers have more negotiating room. A total of 373 homes sold in this period, down from 419 last year.
The median list price of Lake Wales (33898), FL, was $139,900 in September 2026, compared to $125,000 in September 2025.
Lake Wales (33898), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33898), FL, was $312,500 in September 2026, compared to $339,000 in September 2025.
Lake Wales (33898), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Lake Wales (33898), FL, was $117,400 in September 2026, compared to $121,000 in September 2025.
Lake Wales (33898), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Lake Wales (33898), FL, was $49,000 in September 2026, compared to $49,000 in September 2025.
Lake Wales (33898), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales (33898), FL, was $207,250 in September 2026, compared to $399,000 in September 2025.
Lake Wales (33898), FL Housing Market Analysis
There are currently 367 homes listed for sale in Lake Wales (33898), FL, an increase of 49.80% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $212,305 (down 3.64% year-over-year), and the average price per square foot is $177 compared to $161 in 2025. Properties spend an average of 289 days on the market before going under contract.
