In May 2024, Lake Wales, FL homes were selling for an average price of $259,775, Lake Wales, FL homes on average sell after 70 days on the market compared to 56 days last year. There were 1029 homes sold in Lake Wales, FL for May 2024, compared to 939 last year.
The average list price of Lake Wales, FL, was $315,037 in May 2024, compared to $257,594 in May 2023.
Lake Wales, FL Market Trend for Houses
Average List Price
The average list price of houses in Lake Wales, FL, was $387,468 in May 2024, compared to $338,422 in May 2023.
Lake Wales, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Lake Wales, FL, was $142,780 in May 2024, compared to $132,000 in May 2023.
Lake Wales, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Lake Wales, FL, was $235,315 in May 2024, compared to $143,300 in May 2023.
Lake Wales, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Lake Wales, FL, was $891,793 in May 2024, compared to $461,947 in May 2023.
Lake Wales, FL Housing Market Analysis
The average list price in Lake Wales, FL is $315,037. The average list price in Lake Wales, FL went up 21.19% from 2023 to 2024. Lake Wales, FL home resale inventories is 459, which increased 35.00% since 2023. The average list price per square foot in Lake Wales, FL is $205. 2023 it was $171.
