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Lake Wales Market Report

$348,030

AVERAGE PRICE OF 581 HOMES

$186,333

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,164,542

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$308,007

AVERAGE PRICE OF 101 NEWLY BUILT HOMES

$561,017

AVERAGE PRICE OF 40 HOMES WITH A POOL

$360,744

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $348,030
Avg Bedrooms 2.09 beds
Avg Bathrooms 1.51 baths

Average Price by Bedrooms

1 bedroom $129,093
2 bedrooms $252,023
3 bedrooms $329,912
4 bedrooms $355,414
5 bedrooms $501,707
Lake Wales Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 579 583 590 573 550
Average Price $319,719 $330,121 $351,000 $401,513 $408,871
Avg Price Change -3.25% -6.32% -14.39% -1.83% -2.83%
Median Price $256,173 $254,129 $260,515 $260,828 $265,890
Med Price Change +0.80% -2.51% -0.12% -1.94% +1.00%
Avg Bedrooms 2.03 beds 2.03 beds 2 beds 1.92 beds 1.93 beds
Avg Bathrooms 1.46 baths 1.46 baths 1.44 baths 1.4 baths 1.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bartow High 48 $292,266 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 581 $348,030 138 days
Distressed Homes 3 $186,333 241 days
Multi-Million Dollar Homes 25 $2,164,542 264 days
Newly Built Homes 101 $308,007 93 days
Homes with a Pool 40 $561,017 70 days
Reduced Price Homes 26 $360,744 66 days
Keller Williams Realty Smart
John Carter
218 E Pine Street
Lakeland, FL 33801
863-529-7488

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