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Market Intelligence · FL / Polk County

Lake Wales, FL housing market

3 ZIP markets liveData updated August 2026Typical value$250K1-yr changeDown1.7%

The median home value in Lake Wales, FL is $250K as of August 2026, down 1.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Lake Wales, by the numbers.

Typical home valueZillow ZHVI, August 2026
$250K
1-yr changeMedian across Lake Wales ZIPs
-1.7%
ZIP markets live
3
County
Polk County

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12-month value trend

-1.7% over 12 months

Typical home value in Lake Wales over the last 12 months: $254K in Aug 2025 to $250K in Aug 2026 (-1.7%).

Aug 2025$254K

Aug 2026$250K

Median Zillow home value index across Lake Wales's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Lake Wales home at $249,889, a 12-month move of -1.7%. Turning to what is for sale, Realtor.com counts 219 homes on the market, 44 newly listed, and a median asking price of $295,950 as of August 2026. Listings sit a median 91 days before selling, with 15.5% of active homes cutting their price. Taken together, the numbers describe a cooling market where pricing discipline is deciding which homes sell.

The numbers

What is the housing market like in Lake Wales, FL?

Typical home value

$250K

Down1.7%YoY

Median list price

$296K

Days on market

91

Homes for sale

219

Price cuts

15.5%

New listings

44

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Lake Wales's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Lake Wales?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Lake Wales?

Top real estate agents in Lake Wales, FL

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