Population: 17,066 · Density: 22.2/mi² · Median household income: $53,717
Typical home value: $146,274 · Homeownership: 82.5%
Data as of January 2026. Source: Realtor.com.
The LAKE WALES, FL real estate market (33898) currently shows 132 active listings, with 18 pending sales. Homes are averaging 81 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 81 days on market compared to 80 days last year.
The median listing price has risen 10% year-over-year, from $309,115 to $339,900.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 33898 | Lake Wales, FL 33898 | 0.0 mi | 132 | $73,389,360 | $339,900 | $555,980 |
| 33854 | Lakeshore, FL 33854 | 3.9 mi | 19 | $2,125,986 | $109,000 | $111,894 |
| 33827 | Babson Park, FL 33827 | 10.3 mi | 16 | $8,104,672 | $374,900 | $506,542 |
| 33853 | Lake Wales, FL 33853 | 15.0 mi | 79 | $21,434,754 | $260,000 | $271,326 |
| 34739 | Kenansville, FL 34739 | 15.8 mi | 5 | $2,401,400 | $389,000 | $480,280 |
| 34759 | Kissimmee, FL 34759 | 18.2 mi | 556 | $176,034,048 | $299,999 | $316,608 |
| 33851 | Lake Hamilton, FL 33851 | 22.1 mi | 61 | $19,678,661 | $313,394 | $322,601 |
| 33844 | Haines City, FL 33844 | 22.4 mi | 539 | $195,956,684 | $320,000 | $363,556 |
| 33870 | Sebring, FL 33870 | 23.1 mi | 166 | $43,856,038 | $234,900 | $264,193 |
| 34758 | Kissimmee, FL 34758 | 25.7 mi | 323 | $108,788,661 | $329,900 | $336,807 |
| 33839 | Eagle Lake, FL 33839 | 26.4 mi | 53 | $16,665,426 | $310,000 | $314,442 |
| 33836 | Davenport, FL 33836 | 27.1 mi | 1 | $365,000 | $365,000 | $365,000 |
| 33830 | Bartow, FL 33830 | 28.0 mi | 157 | $58,545,928 | $337,478 | $372,904 |
As of January 2026, there are 132 active listings in LAKE WALES, FL (zip code 33898), compared to 137 the prior year.
The median listing price in LAKE WALES, FL 33898 is $339,900 as of January 2026, a 10% increase from $309,115 the prior year.
Homes in LAKE WALES, FL 33898 spend an average of 81 days on the market before going under contract, compared to 80 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE WALES, FL 33898 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 81 days on market compared to 80 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE WALES, FL 33898 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. 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.