House Prices

House Prices & Home Values Lake Wales, FL 2026


Average Data

average house price$193,095
average size per house1531 ft²
average price per ft²127 $ / ft²

04/05/2026 - The value range (VR) for house prices in Lake Wales, FL is $111/ sqft to $128/ sqft. An average home with 1531 sqft costs approximately $169,941 to $195,968. Lake Wales, FL includes 3 ZIP codes and it is located in Polk county. The lowest prices are found in ZIP 33859, while the highest are in ZIP 33898. The average price per sqare feet is $127. Our analysis is based on 39 property listings.

Avergage prices by ZIP codes Lake Wales

33853135 $ / ft²
33859112 $ / ft²
33898138 $ / ft²




Historical development of home values in Lake Wales

Year Estimated value (USD) Change vs. 2025
2010 $89,677 -53.6%
2011 $86,209 -55.4%
2012 $85,977 -55.5%
2013 $89,190 -53.8%
2014 $93,625 -51.5%
2015 $98,431 -49.0%
2016 $103,567 -46.4%
2017 $109,157 -43.5%
2018 $115,192 -40.3%
2019 $120,533 -37.6%
2020 $126,764 -34.4%
2021 $144,181 -25.3%
2022 $168,083 -13.0%
2023 $177,251 -8.2%
2024 $187,505 -2.9%
2025 $193,095 0.0%

Graph: estimated home values in Lake Wales over time (USD)



Example: 100% financing house in Lake Wales

Loan amount: $193,095

Interest rate: 6.00%

Fixed monthly payment: $1,157.70

Breakdown in the 1st month:
Interest portion: $965.48  –  Principal portion: $192.23

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,521.20 $2,371.23 $190,723.77
2 $11,374.94 $2,517.48 $188,206.29
3 $11,219.67 $2,672.75 $185,533.54
4 $11,054.82 $2,837.60 $182,695.93
5 $10,879.80 $3,012.62 $179,683.31
6 $10,693.99 $3,198.43 $176,484.88
7 $10,496.72 $3,395.71 $173,089.17
8 $10,287.28 $3,605.14 $169,484.03
9 $10,064.92 $3,827.50 $165,656.52
10 $9,828.85 $4,063.57 $161,592.95
11 $9,578.22 $4,314.21 $157,278.74
12 $9,312.13 $4,580.30 $152,698.45
13 $9,029.62 $4,862.80 $147,835.65
14 $8,729.70 $5,162.73 $142,672.92
15 $8,411.27 $5,481.15 $137,191.77
16 $8,073.21 $5,819.22 $131,372.55
17 $7,714.29 $6,178.14 $125,194.41
18 $7,333.24 $6,559.19 $118,635.22
19 $6,928.68 $6,963.75 $111,671.48
20 $6,499.17 $7,393.25 $104,278.22
21 $6,043.17 $7,849.25 $96,428.97
22 $5,559.05 $8,333.38 $88,095.59
23 $5,045.06 $8,847.36 $79,248.23
24 $4,499.38 $9,393.05 $69,855.18
25 $3,920.03 $9,972.39 $59,882.79
26 $3,304.96 $10,587.47 $49,295.32
27 $2,651.95 $11,240.48 $38,054.84
28 $1,958.66 $11,933.77 $26,121.08
29 $1,222.61 $12,669.82 $13,451.26
30 $441.16 $13,451.26 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Wales, FL


1500 sqft3900 sqft
Ø selling price$230,506$490,348
Ø fast selling$209,551$441,313
Ø high price sale$251,461$539,382

In 2026, houses in Lake Wales, FL will be offered at an average price of $127 per square foot. A 1,500 sqft home priced at $230,506 is 25.12% more expensive per square foot than a 3,900 sqft home priced at $490,348. Home prices in Lake Wales, FL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $339,471. Sellers who can wait longer may achieve a higher price of up to $414,910.


Discover Lake Wales, FL

Nestled along the scenic Lake Wales Ridge in Central Florida, Lake Wales, FL blends small-town charm with easy access to major attractions.
This Polk County gem is known for its historic downtown Lake Wales, citrus heritage, and spectacular sunsets over its freshwater lakes.

Top Attractions

Top things to do in Lake Wales include exploring the serene Bok Tower Gardens, a National Historic Landmark renowned for its carillon music. Families and thrill-seekers love the quirky optical illusion of Spook Hill and the hands-on exhibits at the Lake Wales History Museum. Just minutes away, LEGOLAND Florida and regional theme parks make day trips effortless for visitors and residents.

Outdoors & Nature

Outdoor enthusiasts enjoy boating and bass fishing on area lakes, hiking rare scrub habitats in Lake Wales Ridge State Forest, and birding along scenic trails. The year-round warm climate invites kayaking, cycling, and picnics under moss-draped oaks. Golfers will find well-kept courses and public parks that showcase the natural beauty of Central Florida.

Living & Community

With affordable real estate, growing businesses, and community events, living in Lake Wales offers a relaxed lifestyle without sacrificing convenience. Visitors and new residents appreciate easy access via US-27, local eateries and breweries in historic downtown, and a welcoming spirit that makes Lake Wales, Florida a standout Central Florida destination.



FAQ – Home Values in Lake Wales

What is the median home value in Lake Wales in 2026?

In 2026, the typical home value in Lake Wales is about $193,095 for an average home size of 1531 square feet. This corresponds to an average price of roughly $127 per square foot.

What is the average cost per square foot in Lake Wales?

In 2026, homes in Lake Wales sell for an average of around $127 per square foot, with a typical range between $111 and $128 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake Wales is about 1531 square feet, with an estimated 2026 value around $193,095.



Locations close to Lake Wales, FL

Fort Myers, FL181 $ / ft²
North Fort Myers, FL171 $ / ft²
Cape Coral, FL210 $ / ft²
Zolfo Springs, FL158 $ / ft²
Winter Haven, FL111 $ / ft²
Waverly, FL125 $ / ft²




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