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Lake Wales, FL Real Estate & Property Data

Last Updated: April 22, 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, 902 residential properties have been sold in Lake Wales, FL over the past year, with a median home price of $224,200. Additionally, 30.97% of homes in Lake Wales are equity rich, while 0.92% of homes are seriously underwater. There have been 9 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.

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

Total Residential Properties 16,691

Total Commercial Properties 1,700

Avg. Home Age (Single Family Home) 45 Years

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

Total 2025 Residential Sales (year-to-date) 118

% of Homes Seriously Underwater (Q2 2025) 0.92%

Total 2024 Residential Sales 854

% of Equity Rich Homes (Q2 2025) 30.97%

Effective 2024 Property Tax 0.96%

Total Foreclosure Filings (year-to-date) 12

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Lake Wales, FL Real Estate Overview

Lake Wales, FL saw 902 residential properties being sold in the past year, with a median home value of $254,500. The city of Lake Wales has a total of 16,691 residential properties, spread across 1008 streets and 3 zip codes.

Median Sales Price i

$224,200

(Feb 2025)

-23.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

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 $269,950
July '24 Jul '24 $235,000
June '24 Jun '24 $260,000
May '24 May '24 $267,400
April '24 Apr '24 $267,450
March '24 Mar '24 $259,000

Median Down Payment i

$17,600

(Feb 2025)

-67.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

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 $50,000
July '24 Jul '24 $23,175
June '24 Jun '24 $41,600
May '24 May '24 $13,875
April '24 Apr '24 $20,000
March '24 Mar '24 $44,500

Number of Homes Sold i

(Feb 2025)

-18.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 58
January '25 Jan '25 60
December '24 Dec '24 67
November '24 Nov '24 60
October '24 Oct '24 66
September '24 Sep '24 58
August '24 Aug '24 82
July '24 Jul '24 83
June '24 Jun '24 72
May '24 May '24 65
April '24 Apr '24 85
March '24 Mar '24 75

Number of Purchase Loans i

(Feb 2025)

-30%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 28
January '25 Jan '25 46
December '24 Dec '24 59
November '24 Nov '24 45
October '24 Oct '24 33
September '24 Sep '24 28
August '24 Aug '24 55
July '24 Jul '24 61
June '24 Jun '24 51
May '24 May '24 40
April '24 Apr '24 58
March '24 Mar '24 41

Number of REFI Loans i

(Feb 2025)

+47.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

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
June '24 Jun '24 21
May '24 May '24 24
April '24 Apr '24 23
March '24 Mar '24 22

Number of HELOC Loans i

(Feb 2025)

+150%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

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
June '24 Jun '24 7
May '24 May '24 9
April '24 Apr '24 11
March '24 Mar '24 8

Lake Wales, FL Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

33853

$254,500 $163.68/sqft
33859

$280,927 $172.57/sqft
33898

$263,265 $164.55/sqft

Lake Wales, FL Foreclosure Activity

There were a total of 9 Lake Wales, FL properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 8 Lake Wales, FL properties and repossessed 1 Lake Wales, FL properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+12.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years