Lake Wales, FL—33853
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$218,000
3.9% YoY Growth
Household Income
$40,900
6.9% YoY Growth
Days on Market
98
3.0% Shorter YoY
Home Price Forecast
0.9%
Median Rent
$1,350
0.0% YoY Growth
1-Bed Rent
$850
8.6% YoY Growth
2-Bed Rent
$1,200
17.1% YoY Growth
3-Bed Rent
$1,550
0.6% YoY Growth
Home Price Trends — Lake Wales, FL
As of Dec '25, the median home price in Lake Wales, FL is $218,000, with a year-over-year change of -3.9%. This indicates that home prices in Lake Wales, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | -3.9% |
| Single Family | $221,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |