
Homes for sale in
Lake Wales, Florida
Lakes, ridge country, and room to breathe
353
Homes for sale
$258,900
Median list price
$195
Avg price / sqft
57
Median days on market
Lake Wales sits up on the Central Florida ridge in Polk County, a slower-paced pocket of lakes and citrus country where you can still find real acreage without leaving the metro entirely behind. Life here runs through Downtown Lake Wales and the surrounding lakes, with retirees and families sharing communities like Lake Ashton and Saddlebag Lake. Disney is about 68 minutes northwest, close enough for a day trip but far enough that prices stay grounded.
For buyers, this is one of the more approachable markets in the region: 375 active listings with a median list price of $253,990 and options stretching from $49,000 up past $2 million. Homes are moving at a median of 54 days, and over the past year 815 sales closed at a median of $264,740, with sellers collecting about 96% of asking. That mix of inventory and negotiability leaves room to shop across single-family homes, manufactured homes, and new construction without rushing.
Lake Wales is in Polk County, Florida.
Quick facts
$55,000 – $2.2M price range
1,463 sqft median home
$1,750/mo median rent
Leans seller right now
Drive times
Fresh on the market
Newest homes in Lake Wales
View all 353 homes →
$280,000
6735 TACKLE COURT, LAKE WALES
3 bd · 2 ba · 1,352 sqft

$85,000
2607 CLUB CIRCLE UNIT 2607, LAKE WALES
1 bd · 1 ba · 648 sqft

$1,200,000
3629 GREAT MASTERPIECE ROAD, LAKE WALES
4 bd · 3.5 ba · 3,200 sqft

$167,500
4201 VILLAGE COURT UNIT 4201 D-21, LAKE WALES
2 bd · 2 ba · 1,560 sqft

$110,000
3111 CLUB CIRCLE, LAKE WALES
1 bd · 1 ba · 648 sqft

$55,000
13 SADDLEBAG TRAIL S, LAKE WALES
1 bd · 1 ba · 608 sqft

$324,900
608 HENNEPIN LOOP, LAKE WALES
4 bd · 3 ba · 2,075 sqft

$300,000
811 HILLSIDE AVENUE, LAKE WALES
3 bd · 2 ba · 1,432 sqft

$345,490
4258 LESTER DRIVE, LAKE WALES
5 bd · 3 ba · 2,077 sqft

$299,900
4294 BERWICK DRIVE, LAKE WALES
3 bd · 2 ba · 1,556 sqft

$359,990
4094 PENELOPE AVENUE, LAKE WALES
4 bd · 3 ba · 2,110 sqft

$319,500
436 HENNEPIN LOOP, LAKE WALES
3 bd · 2 ba · 1,427 sqft
250 of 353 active listings shown
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Property features
The numbers that matter
The Lake Wales market
Leans seller
4.9 months of inventory
Demand still outpaces supply, but buyers have a little more room.
802
Sold, last 12 months
$264,837
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
49 days
Median time to sell
Lake Wales vs Polk County
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 5.6% yr/yr
Homes on the market
▼ 4.5% yr/yr
Homes sold per month
Live Stellar MLS data — listings and closed sales in Lake Wales, FL. Rolling medians smooth single-month swings in thin markets.
Where to look
Lake Wales neighborhoods
Lake Ashton
33 homes · $370K median
Saddlebag Lake
27 homes · $149K median
Country Club Village
9 homes · $249K median
Downtown Lake Wales
5 homes · $309K median
Twin Lake Park
4 homes · $221K median
Walk In The Water Lake Estates
4 homes · $450K median
Lake Pierce Ranchettes
4 homes · $175K median
Golf View Park
3 homes · $130K median
Lake Haven
2 homes · $169K median
Mountain Lake
1 home · $1.7M median
Tiger Creek Forest
1 home · $575K median
Magnolia Park
1 home · $130K median
Show all 13 Lake Wales neighborhoods A–ZHide the full neighborhood list+
Neighborhood boundaries by edgeAI — listings matched to the actual polygon, not agent-entered subdivision names.
For the school run
School zones with homes for sale
Homes matched to official attendance boundaries — always verify zoning with the district.
Beyond the listings
Living in Lake Wales
Lakefront living, still attainable
With 43 waterfront listings active, you can find [waterfront homes](/area/lake-wales-fl/waterfront-homes) here at prices that would be out of reach on the coast.
A real 55+ hub
86 active 55+ listings, anchored by Lake Ashton, make this one of Polk County's deepest markets for [55+ communities](/area/lake-wales-fl/55-plus-communities).
Golf and gated options
32 golf-community and 56 gated listings mean [golf communities](/area/lake-wales-fl/golf-course-communities) and [gated communities](/area/lake-wales-fl/gated-communities) are genuinely available, not just aspirational.
Budget-friendly entry points
With listings starting at $49,000 and a wide manufactured-home segment, buyers can [browse by price](/area/lake-wales-fl/homes-under-200k) and still find something workable.
New homes and fresh inventory
61 new-construction listings give buyers a modern alternative to the resale [single-family homes](/area/lake-wales-fl/single-family-homes) that dominate the market.
Population
16,365
Median age
41.1
Median income
$55,799
Median home value
$225,900
What people here are into
Entertainment
Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Beliefs
Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Food & Drink
Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Hobbies & Interests
Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Active
Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Hobbies & Interests
Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
What it really costs
Owning here
Owning the median Lake Wales home
≈ $1,831/mo
$258,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
8%
In a FEMA flood zone
Ask about flood insurance early — it changes the payment
$1,750/mo
Median rent
50 homes for rent right now
Straight answers
Lake Wales real estate FAQs
Is Lake Wales a good place to live?+
It suits buyers who want lakes, ridge scenery, and a slower pace while staying within about 68 minutes of Walt Disney World. Communities range from active-adult Lake Ashton to lakefront neighborhoods, and the town center around Downtown Lake Wales gives it a real sense of place. Assigned schools most often include Spook Hill Elementary, McLaughlin Middle, and Bartow Senior High.
Is Lake Wales expensive?+
No — it's one of the more affordable markets in the area, with a median list price of $253,990 and active listings ranging from $49,000 to $2,245,000. Average price per square foot runs about $198 on a median home size of 1,429 sqft. Entry-level homes under 200k are realistic here in a way they aren't closer to the coast.
What do homes cost in Lake Wales?+
Over the past 12 months, 815 homes sold at a median price of $264,740, and current active listings carry a median of $253,990. The housing mix leans toward single-family residences (219 active), followed by manufactured homes, condos, and villas. Waterfront and $1M+ options exist too, with 43 waterfront homes currently listed.
How is the Lake Wales housing market?+
It's steady and negotiable — homes take a median of 54 days to sell, and sellers are getting about 96% of their asking price on average. With 375 active listings, buyers have real choice and often room to negotiate. Watching the just reduced listings can surface motivated sellers.
What about HOA fees and property taxes?+
The median HOA runs about $83/month, though that varies widely by community — gated and 55+ neighborhoods like those you'll find among the gated communities typically sit higher. Median property tax is roughly $2,025 per year, and median rent is about $1,850/month if you're weighing renting versus buying.
Keep exploring
Nearby areas
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.
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