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City / Town Overview

Lake Wales, FL

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

Market Analysis

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

The Lake Wales, FL real estate market currently shows 368 active listings, with 91 pending sales. Homes are averaging 77.8 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 77.8 days on market compared to 70.5 days last year.

The median listing price has risen 0.7% year-over-year, from $303,388 to $305,544.

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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Market Context

Market Context

Population: 40,388  ·  Density: 200.6/mi²  ·  Median household income: $52,508

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

Included Areas

Lake Wales: 33853, 33859, 33898

Area Map

Market Overview

Active Listings
368
⇧ 1.4% vs 363 last year
Pending
91
25% pending ratio
Median Price
$305,544
⇧ 0.7% vs $303,388 last year
Average Price
$386,376
⇩ 3.4% vs $399,807 last year
Days on Market
77.8
⇧ 10.4% vs 71 days last year

Price Per Square Foot

Median $/sqft
$184
⇧ 2.4% vs $180/sqft last year
Median Home Size
1,638 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %