In June 2026, the median home sale price in Lake Wales (33898), FL was $215,000, with homes selling in an average of 105 days — slower than the 97-day average last year, suggesting buyers have more negotiating room. A total of 376 homes sold in this period, down from 456 last year.
The median list price of Lake Wales (33898), FL, was $142,800 in June 2026, compared to $134,900 in June 2025.
Lake Wales (33898), FL Market Trend for Houses
Median List Price
The median list price of houses in Lake Wales (33898), FL, was $335,378 in June 2026, compared to $296,950 in June 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 $119,000 in June 2026, compared to $120,450 in June 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 $50,000 in June 2026, compared to $49,000 in June 2025.
Lake Wales (33898), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Lake Wales (33898), FL, was $395,000 in June 2026, compared to $0 in June 2025.
Lake Wales (33898), FL Housing Market Analysis
There are currently 415 homes listed for sale in Lake Wales (33898), FL, an increase of 57.79% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $229,227 (up 4.94% year-over-year), and the average price per square foot is $178 compared to $163 in 2025. Properties spend an average of 264 days on the market before going under contract.
