In May 2024, Lake Wales, FL homes were selling for an average price of $259,990, Lake Wales, FL homes on average sell after 70 days on the market compared to 55 days last year. There were 1036 homes sold in Lake Wales, FL for May 2024, compared to 943 last year.
The average list price of Lake Wales, FL, was $311,379 in May 2024, compared to $258,792 in May 2023.
Lake Wales, FL Market Trend for Houses
Average List Price
The average list price of houses in Lake Wales, FL, was $387,170 in May 2024, compared to $338,551 in May 2023.
Lake Wales, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Lake Wales, FL, was $143,725 in May 2024, compared to $130,167 in May 2023.
Lake Wales, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Lake Wales, FL, was $229,375 in May 2024, compared to $145,226 in May 2023.
Lake Wales, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Lake Wales, FL, was $931,313 in May 2024, compared to $448,359 in May 2023.
Lake Wales, FL Housing Market Analysis
The average list price in Lake Wales, FL is $311,379. The average list price in Lake Wales, FL went up 19.84% from 2023 to 2024. Lake Wales, FL home resale inventories is 475, which increased 39.30% since 2023. The average list price per square foot in Lake Wales, FL is $204. 2023 it was $170.
