Lake Wales Market Report
$335,157
AVERAGE PRICE OF 590 HOMES$198,500
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,833,637
AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES$309,827
AVERAGE PRICE OF 100 NEWLY BUILT HOMES$440,528
AVERAGE PRICE OF 36 HOMES WITH A POOL$281,432
AVERAGE PRICE OF 24 REDUCED PRICE HOMESAverage Home
| Average Price | $335,157 |
| Avg Bedrooms | 2.08 beds |
| Avg Bathrooms | 1.49 baths |
Average Price by Bedrooms
| 1 bedroom | $114,239 |
| 2 bedrooms | $241,707 |
| 3 bedrooms | $334,366 |
| 4 bedrooms | $360,695 |
| 5 bedrooms | $631,979 |
Lake Wales Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 554 | 548 | 576 | 579 | 583 |
| Average Price | $347,442 | $356,993 | $347,552 | $319,719 | $330,121 |
| Avg Price Change | -2.75% | +2.72% | +8.71% | -3.25% | -6.32% |
| Median Price | $271,184 | $261,595 | $258,811 | $256,173 | $254,129 |
| Med Price Change | +3.67% | +1.08% | +1.03% | +0.80% | -2.51% |
| Avg Bedrooms | 2.1 beds | 2.09 beds | 2.08 beds | 2.03 beds | 2.03 beds |
| Avg Bathrooms | 1.5 baths | 1.52 baths | 1.5 baths | 1.46 baths | 1.46 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bartow High | 47 | $280,208 | 145 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 590 | $335,157 | 143 days |
| Distressed Homes | 4 | $198,500 | 113 days |
| Multi-Million Dollar Homes | 26 | $1,833,637 | 325 days |
| Newly Built Homes | 100 | $309,827 | 90 days |
| Homes with a Pool | 36 | $440,528 | 109 days |
| Reduced Price Homes | 24 | $281,432 | 111 days |
