Call or Text (240) SELL-123

LAKE WALES, FL 33859

Real Estate Market Report  ·  Polk County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
120
⇧ 15.4% vs 104 last year
Pending
22
18% pending ratio
Median Price
$306,495
⇩ 6.2% vs $326,770 last year
Average Price
$343,810
⇩ 13.5% vs $397,483 last year
Days on Market
108
⇧ 45.9% vs 74 days last year

Market Context

Population: 11,081  ·  Density: 94.1/mi²  ·  Median household income: $61,815

Typical home value: $175,637  ·  Homeownership: 77.5%

Market Analysis

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

The LAKE WALES, FL real estate market (33859) currently shows 120 active listings, with 22 pending sales. Homes are averaging 108 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 108 days on market compared to 74 days last year.

The median listing price has fallen 6.2% year-over-year, from $326,770 to $306,495.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LAKE WALES, FL 33859 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 120 this year vs 104 last year
  • Days on market: 108 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $306,495 (-6.2% YoY)
  • Average: $343,810 (-13.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.4 miles — 1,797 listings ($596,191,192 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33859Lake Wales, FL 338590.0 mi120$41,257,200$306,495$343,810
33884Winter Haven, FL 338847.0 mi394$134,959,578$310,000$342,537
33838Dundee, FL 338389.4 mi61$18,861,444$279,900$309,204
33830Bartow, FL 3383010.7 mi157$58,545,928$337,478$372,904
33880Winter Haven, FL 3388011.5 mi180$55,022,400$289,900$305,680
33843Frostproof, FL 3384312.9 mi59$22,310,496$325,000$378,144
33854Lakeshore, FL 3385413.6 mi19$2,125,986$109,000$111,894
33846Highland City, FL 3384616.1 mi2$638,900$319,450$319,450
33850Lake Alfred, FL 3385017.3 mi122$50,399,176$367,678$413,108
33855Indian Lake Estates, FL 3385517.8 mi24$8,385,120$339,500$349,380
34759Kissimmee, FL 3475918.5 mi556$176,034,048$299,999$316,608
33840Eaton Park, FL 3384018.8 mi2$450,000$225,000$225,000
33801Lakeland, FL 3380119.4 mi101$27,200,916$256,000$269,316

Frequently Asked Questions

How many homes are for sale in LAKE WALES, FL 33859?

As of January 2026, there are 120 active listings in LAKE WALES, FL (zip code 33859), compared to 104 the prior year.

What is the median home price in LAKE WALES, FL 33859?

The median listing price in LAKE WALES, FL 33859 is $306,495 as of January 2026, a 6.2% decrease from $326,770 the prior year.

How long do homes stay on the market in LAKE WALES, FL?

Homes in LAKE WALES, FL 33859 spend an average of 108 days on the market before going under contract, compared to 74 days the prior year.

Is it a seller's or buyer's market in LAKE WALES, FL 33859?

Based on current inventory and days-on-market data as of January 2026, LAKE WALES, FL 33859 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 108 days on market compared to 74 days last year.

How much can I save on real estate commission in LAKE WALES, FL?

With SELL123.com's maximum 3% commission, sellers in LAKE WALES, FL 33859 save an estimated $6,130 compared to a typical 5% commission on the median listing price of $306,495. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.