Lake Wales, FL housing market: September 2026
What's happening in the Lake Wales market right now.
Buyer's or seller's market?
Lake Wales, FL leans toward a buyer's market: homes in Polk County take a median of 80 days to sell, and the number for sale is +0.7% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−3.5% to +0.5% for the typical Lake Wales home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, September 2026 · Zillow Observed Rent Index, September 2026 · Realtor.com county data, September 2026. Listing figures are for Polk County as a whole.
Lake Wales market — questions answered
What is the typical home value in Lake Wales, FL?
$239,669 as of September 2026, −2.1% on a year earlier (Zillow Home Value Index).
Are home prices going up in Lake Wales, FL?
No — the typical home value changed −2.1% over the year to September 2026 and +20.6% over five years.
Is Lake Wales, FL a buyer's or seller's market?
It leans toward buyers: the median home in Polk County sells in 80 days (Realtor.com, September 2026).
How much is rent in Lake Wales, FL?
The typical rent is $1,512 a month as of September 2026, −0.2% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Lake Wales, FL?
4,801 homes were listed for sale across Polk County in September 2026 (Realtor.com).
Who are the best real estate agents in Lake Wales, FL?
Homegrity lists 191 licensed agents in Lake Wales, each license verified against the state register. Placement is never bought. See them at /real-estate-agents/lake-wales.