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City / Town Overview

Lake Wales, FL

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

Market Analysis

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

The Lake Wales, FL real estate market currently shows 289 active listings, with 77 pending sales. Homes are averaging 84.8 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 84.8 days on market compared to 90.8 days last year.

The median listing price has fallen 5.1% year-over-year, from $303,857 to $288,330.

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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
289
⇩ 5.6% vs 306 last year
Pending
77
27% pending ratio
Median Price
$288,330
⇩ 5.1% vs $303,857 last year
Average Price
$332,196
⇩ 8.4% vs $362,700 last year
Days on Market
84.8
⇩ 6.6% vs 91 days last year

Price Per Square Foot

Median $/sqft
$176
⇩ 5.9% vs $187/sqft last year
Median Home Size
1,599 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 %