Lake Wales, FL—33898
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$245,000
3.8% YoY Growth
Household Income
$54,800
26.7% YoY Growth
Days on Market
81
1.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$1,400
7.6% YoY Growth
1-Bed Rent
$1,150
0.8% YoY Growth
2-Bed Rent
$1,300
1.5% YoY Growth
3-Bed Rent
$1,800
7.4% YoY Growth
Home Price Trends — Lake Wales, FL
As of Dec '25, the median home price in Lake Wales, FL is $245,000, with a year-over-year change of -3.8%. 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 | $245,000 | -3.8% |
| Single Family | $260,000 | -3.3% |
| Condos | $126,000 | -8.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |