• Lake Wales

    Why you'd want to live in Lake Wales

    Lake Wales offers a peaceful environment surrounded by natural beauty, including lakes, parks, and historic landmarks like the renowned Bok Tower Gardens. The city presents a range of real estate options from lakefront homes and traditional neighborhoods to open land suitable for custom builds or agricultural use. A revitalized downtown area and a focus on preserving historical character contribute to the city’s charm. Lake Wales is well-positioned for those seeking space, accessibility, and long-term real estate value in a setting that embraces both heritage and progress.

    Lake Wales Market Report

    $283,918

    AVERAGE PRICE OF 463 HOMES

    $275,285

    AVERAGE PRICE OF 110 NEWLY BUILT HOMES

    $528,850

    AVERAGE PRICE OF 53 HOMES WITH A POOL

    $186,550

    AVERAGE PRICE OF 18 DISTRESSED HOMES

    $1,665,445

    AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

    Average Home

    Average Price $283,918
    Avg Bedrooms 2.54 beds
    Avg Bathrooms 1.62 baths

    Average Price by Bedrooms

    1 bedroom $121,742
    2 bedrooms $193,877
    3 bedrooms $259,002
    4 bedrooms $299,546
    5 bedrooms $359,536
    Lake Wales Home Price Trends
      9/2026 8/2026 7/2026 6/2026 5/2026
    Total Listings 437 449 456 n/a n/a
    Average Price $291,492 $289,066 $289,760 n/a n/a
    Avg Price Change +0.84% -0.24% n/a n/a n/a
    Median Price $249,187 $249,982 $250,481 n/a n/a
    Med Price Change -0.32% -0.20% n/a n/a n/a
    Avg Bedrooms 2.72 beds 2.47 beds 2.75 beds n/a n/a
    Avg Bathrooms 1.68 baths 1.56 baths 1.95 baths n/a n/a
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bartow High 14 $261,052 148 days
    Frostproof Middle - Senior High 13 $233,130 182 days
    Lake Wales Senior High 36 $307,984 146 days
    McLaughlin Academy Of Excellence 15 $265,630 67 days
    Winter Haven Senior 45 $282,626 84 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 463 $283,918 79 days
    Newly Built Homes 110 $275,285 67 days
    Homes with a Pool 53 $528,850 90 days
    Distressed Homes 18 $186,550 134 days
    Multi-Million Dollar Homes 9 $1,665,445 142 days