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Lake Wales, FL Real Estate & Property Data

Lake Wales Real Estate Market Trends

Last Updated: August 30, 2025

To gain insights into Lake Wales, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Lake Wales real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 975 residential properties have been sold in Lake Wales, FL over the past year, with a median home price of $240,000. Additionally, 29.84% of homes in Lake Wales are equity rich, while 1.08% of homes are seriously underwater. There have been 4 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Lake Wales, Florida, you can rely on ATTOM, your go-to source for Lake Wales property reports and real estate data.

Lake Wales Real Estate Market Trends

Get property data for any address in Lake Wales, FL or the country:

Total Residential Properties 16,804

Total Commercial Properties 1,730

Avg. Home Age (Single Family Home) 45 Years

Avg. Square Feet (Single Family Home) 1,555

Total 2025 Residential Sales (year-to-date) 471

% of Homes Seriously Underwater (Q3 2025) 1.08%

Total 2024 Residential Sales 869

% of Equity Rich Homes (Q3 2025) 29.84%

Effective 2024 Property Tax 0.97%

Total Foreclosure Filings (year-to-date) 41

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Lake Wales, FL Real Estate Overview

Lake Wales, FL saw 975 residential properties being sold in the past year, with a median home value of $251,559. The city of Lake Wales has a total of 16,804 residential properties, spread across 1382 streets and 3 zip codes.

Median Sales Price i

$240,000

(Jun 2025)

-7.7%

year-over-year

y-o-y

June '25 Jun '25 $240,000
May '25 May '25 $255,000
April '25 Apr '25 $247,500
March '25 Mar '25 $272,500
February '25 Feb '25 $224,200
January '25 Jan '25 $260,000
December '24 Dec '24 $260,500
November '24 Nov '24 $265,400
October '24 Oct '24 $240,000
September '24 Sep '24 $272,500
August '24 Aug '24 $270,000
July '24 Jul '24 $235,000

Median Down Payment i

$10,113

(Jun 2025)

-75.7%

year-over-year

y-o-y

June '25 Jun '25 $10,113
May '25 May '25 $20,018
April '25 Apr '25 $6,521
March '25 Mar '25 $34,725
February '25 Feb '25 $17,600
January '25 Jan '25 $22,512
December '24 Dec '24 $28,250
November '24 Nov '24 $51,250
October '24 Oct '24 $6,702
September '24 Sep '24 $56,425
August '24 Aug '24 $53,000
July '24 Jul '24 $23,175

Number of Homes Sold i

77

(Jun 2025)

+6.9%

year-over-year

y-o-y

June '25 Jun '25 77
May '25 May '25 85
April '25 Apr '25 94
March '25 Mar '25 92
February '25 Feb '25 62
January '25 Jan '25 61
December '24 Dec '24 68
November '24 Nov '24 63
October '24 Oct '24 69
September '24 Sep '24 60
August '24 Aug '24 89
July '24 Jul '24 83

Number of Purchase Loans i

35

(Jun 2025)

-31.4%

year-over-year

y-o-y

June '25 Jun '25 35
May '25 May '25 32
April '25 Apr '25 32
March '25 Mar '25 69
February '25 Feb '25 41
January '25 Jan '25 54
December '24 Dec '24 66
November '24 Nov '24 50
October '24 Oct '24 33
September '24 Sep '24 29
August '24 Aug '24 56
July '24 Jul '24 61

Number of REFI Loans i

25

(Jun 2025)

+19%

year-over-year

y-o-y

June '25 Jun '25 25
May '25 May '25 34
April '25 Apr '25 34
March '25 Mar '25 28
February '25 Feb '25 25
January '25 Jan '25 30
December '24 Dec '24 32
November '24 Nov '24 20
October '24 Oct '24 30
September '24 Sep '24 23
August '24 Aug '24 28
July '24 Jul '24 23

Number of HELOC Loans i

12

(Jun 2025)

+71.4%

year-over-year

y-o-y

June '25 Jun '25 12
May '25 May '25 7
April '25 Apr '25 4
March '25 Mar '25 5
February '25 Feb '25 10
January '25 Jan '25 4
December '24 Dec '24 11
November '24 Nov '24 3
October '24 Oct '24 7
September '24 Sep '24 10
August '24 Aug '24 15
July '24 Jul '24 9

Lake Wales, FL Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

33853

$251,559 $161.78/sqft
33859

$277,390 $170.4/sqft
33898

$262,436 $163.99/sqft

Lake Wales, FL Foreclosure Activity

There were a total of 4 Lake Wales, FL properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

4

(Jun 2025)

-63.6%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 10
April '25 Apr '25 6
March '25 Mar '25 9
February '25 Feb '25 9
January '25 Jan '25 3
December '24 Dec '24 5
November '24 Nov '24 5
October '24 Oct '24 8
September '24 Sep '24 10
August '24 Aug '24 12
July '24 Jul '24 8

Foreclosure Starts i

3

(Jun 2025)

-70%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 9
April '25 Apr '25 5
March '25 Mar '25 7
February '25 Feb '25 8
January '25 Jan '25 2
December '24 Dec '24 3
November '24 Nov '24 5
October '24 Oct '24 6
September '24 Sep '24 7
August '24 Aug '24 9
July '24 Jul '24 4

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 6
April '25 Apr '25 N/A
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A

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