Data as of June 2026. Source: Realtor.com.
The Lake Wales, FL real estate market currently shows 313 active listings, with 72 pending sales. Homes are averaging 90.9 days on the market before going under contract.
Inventory has tightened compared to last year, with 25 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 90.9 days on market compared to 81.8 days last year.
The median listing price has fallen 1.3% year-over-year, from $306,550 to $302,578.
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%