Data as of September 2026. Source: Realtor.com.
The LAKE WALES, FL real estate market (33898) currently shows 115 active listings, with 19 pending sales. Homes are averaging 96 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 96 days on market compared to 109 days last year.
The median listing price has fallen 5.1% year-over-year, from $329,225 to $312,500.
Population: 17,066 · Density: 22.2/mi² · Median household income: $53,717
Typical home value: $146,274 · Homeownership: 82.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 33898 | Lake Wales, FL 33898 | 0.0 mi | 142 | $80,966,270 | $339,900 | $570,185 |
| 33854 | Lakeshore, FL 33854 | 3.9 mi | 16 | $1,787,984 | $106,999 | $111,749 |
| 33827 | Babson Park, FL 33827 | 10.3 mi | 17 | $8,719,793 | $392,400 | $512,929 |
| 33853 | Lake Wales, FL 33853 | 15.0 mi | 86 | $21,890,870 | $254,475 | $254,545 |
| 34739 | Kenansville, FL 34739 | 15.8 mi | 6 | $2,869,932 | $384,675 | $478,322 |
| 34759 | Kissimmee, FL 34759 | 18.2 mi | 584 | $185,196,912 | $299,900 | $317,118 |
| 33838 | Dundee, FL 33838 | 20.1 mi | 71 | $22,148,166 | $282,500 | $311,946 |
| 33884 | Winter Haven, FL 33884 | 22.1 mi | 425 | $142,162,925 | $304,017 | $334,501 |
| 34772 | Saint Cloud, FL 34772 | 23.0 mi | 372 | $181,424,400 | $429,973 | $487,700 |
| 33872 | Sebring, FL 33872 | 25.4 mi | 252 | $78,970,752 | $306,495 | $313,376 |
| 33881 | Winter Haven, FL 33881 | 26.1 mi | 275 | $84,989,850 | $288,675 | $309,054 |
| 33839 | Eagle Lake, FL 33839 | 26.4 mi | 64 | $20,062,208 | $311,556 | $313,472 |
| 33836 | Davenport, FL 33836 | 27.1 mi | 1 | $365,000 | $365,000 | $365,000 |
As of September 2026, there are 115 active listings in LAKE WALES, FL (zip code 33898), compared to 118 the prior year.
The median listing price in LAKE WALES, FL 33898 is $312,500 as of September 2026, a 5.1% decrease from $329,225 the prior year.
Homes in LAKE WALES, FL 33898 spend an average of 96 days on the market before going under contract, compared to 109 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAKE WALES, FL 33898 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 96 days on market compared to 109 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE WALES, FL 33898 save an estimated $6,250 compared to a typical 5% commission on the median listing price of $312,500. 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.