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City / Town Overview

Lake Wales, FL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
331
⇧ 6.8% vs 310 last year
Pending
55
17% pending ratio
Median Price
$308,720
⇧ 1.9% vs $302,993 last year
Average Price
$411,122
⇧ 9.1% vs $376,818 last year
Days on Market
88.6
⇧ 7.5% vs 82 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Lake Wales, FL real estate market currently shows 331 active listings, with 55 pending sales. Homes are averaging 88.6 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88.6 days on market compared to 82.4 days last year.

The median listing price has risen 1.9% year-over-year, from $302,993 to $308,720.

Whether you are buying or selling in Lake Wales, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Lake Wales: 33853, 33859, 33898

Market Context

ZIP coverage: 3  ·  Population: 40,388  ·  Median household income: $52,508

Typical home value: $159,038  ·  Homeownership rate: 72.6%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings