Data as of July 2026. Source: Realtor.com.
The Lake Wales, FL real estate market currently shows 328 active listings, with 80 pending sales. Homes are averaging 96.4 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 96.4 days on market compared to 83 days last year.
The median listing price has fallen 4% year-over-year, from $302,847 to $290,760.
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.
Population: 40,388 · Density: 200.6/mi² · Median household income: $52,508
Typical home value: $159,038 · Homeownership: 72.6%