Market Report · 3rd Quarter 2026 · As of July 17, 2026

MLS data updated Jul 17, 2026

Lake Wales

Ridge Area gateway with Bok Tower and Chain of Lakes access

Lake Wales, FL

Lake Wales is the cultural hub of the southern Ridge Area, home to the landmark Bok Tower Gardens, a revitalized historic downtown, and diverse housing options across three ZIP codes spanning the lakes and surrounding countryside.

240
For Sale
$446K
Avg. List Price
20
Under Contract
$275K
Median Sold (12 mo)
786
Homes Sold (12 mo)

Median sold: $275K ·  Median days on market: 50 ·  Sold-to-list: 96.9% ·  Source: Stellar MLS

Seller's Market
3.7
months of inventory

About 3.7 months of inventory — homes are selling faster than new ones come on the market, so sellers hold the leverage (under 4 months = seller's market).

Median Sale Price
$275K
786 sold / yr
1-Yr Appreciation
-1.6%
median price
Days on Market
50
median
Sale-to-List
96.9%
of asking
Sales Pace
65.5/mo
last 12 mo
Active Listings
240
for sale now

Aggregate statistics from recent Stellar MLS closed sales and live MLS inventory. A market read, not an appraisal of any home or a listing of individual sales.

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Ryan's Take on Lake Wales

Lake Wales is the cultural and geographic centerpiece of the southern Ridge Area, and there's genuinely nothing else in Polk County that occupies the same market position. The town sits at 295 feet above sea level, on the Lake Wales Ridge — some of the highest terrain in peninsular Florida — and that elevation gives it rolling terrain, natural drainage, and afternoon breezes that remind you this is not typical flat Central Florida. Bok Tower Gardens, dedicated in 1929 and a National Historic Landmark since 1993, is the city's defining asset: a 205-foot singing carillon tower surrounded by 250 acres of designed gardens that residents access as part of daily life, not just a tourist draw. The combination of that physical setting, a revitalized Main Street with locally owned restaurants and active artist galleries, and Victorian and craftsman-era architecture creates a character that buyers in the small-town-authentic market compare to Mount Dora — with prices that still run below it.

The buyer profile I see in Lake Wales has a clear through-line: heritage enthusiasts, artists and creatives drawn by affordable studio space and community support, and retirees who rejected the conventional retirement-community playbook and found a town with a cultural calendar and scenic setting that rewards slowing down. The historic residential neighborhoods around downtown and the Bok Tower-adjacent estate streets anchor the premium tier, while the Artist District provides entry into Lake Wales character at accessible prices. Families should understand that Polk County schools are the framework here — solid but not the ranked performers of Seminole County. Cross-shop Auburndale or Winter Haven if suburban convenience and Chain of Lakes boating matter more than historic character, or step up to Mount Dora if the Lake County version of this positioning appeals and the pricing difference is workable.

— Ryan Solberg, Broker/Owner, MaxLife Realty

Under Contract

20 homes pending in Lake Wales · Avg. $363K

Lake Wales pending
Pending
$165,000
3 bd2 ba1,296 sqft
Lake Wales pending
Pending
$180,000
3 bd3 ba1,680 sqft
Lake Wales pending
Pending
$277,700
2 bd2 ba1,008 sqft
Lake Wales pending
Pending
$230,000
3 bd2 ba2,124 sqft
Lake Wales pending
Pending
$475,000
3 bd3 ba1,945 sqft
Lake Wales pending
Pending
$239,900
3 bd2 ba1,456 sqft
Market Snapshot

Lake Wales · 3rd Quarter 2026

786 sales · Stellar MLS · last 12 mo

$275K

Median Sale Price

50 days

Median Days on Market

96.9%

Sold-to-List

$165

Median $/sqft

Sold-to-List Gauge · 90% → 100% → 105%+96.9%
90%95%100%105%+

Recent Sales Map

60 recent individual sales in and around Lake Wales · FL public records · no addresses published

Approximate sale locations — dots are offset ±1 home for privacy

BedsBathsSq FtListedSoldList PriceSold Price$/Sq FtDOM
2,6809/1/25$377,000$141
2,2819/1/25$365,000$160
2,4869/1/25$360,000$145
2,7089/1/25$360,000$133
2,4649/1/25$350,000$142
2,6259/1/25$331,000$126
1,9889/1/25$306,900$154
1,9109/1/25$290,900$152
2,2839/1/25$285,000$125
2,5029/1/25$285,000$114
1,9109/1/25$269,900$141
2,1319/1/25$260,000$122
1,9629/1/25$254,000$129
1,9989/1/25$250,000$125
2,3529/1/25$241,000$102
2,0699/1/25$240,000$116
2,0729/1/25$237,000$114
1,7969/1/25$234,900$131
2,1889/1/25$230,000$105
2,5139/1/25$225,000$90
1,5779/1/25$195,000$124
1,3529/1/25$191,000$141
1,5029/1/25$190,000$126
9309/1/25$181,000$195
9899/1/25$153,500$155
2,3079/1/25$130,600$57
3,7558/1/25$540,000$144
4,6158/1/25$535,000$116
3,4258/1/25$493,000$144
3,0728/1/25$455,000$148
2,7858/1/25$380,000$136
2,1508/1/25$359,900$167
3,2298/1/25$355,000$110
2,6368/1/25$345,000$131
2,3588/1/25$337,500$143
2,5338/1/25$332,000$131
2,4378/1/25$324,000$133
1,9308/1/25$319,000$165
1,6208/1/25$315,000$194
1,9518/1/25$300,000$154
2,3848/1/25$297,500$125
1,2968/1/25$295,000$228
2,0888/1/25$290,000$139
2,4168/1/25$285,000$118
1,9208/1/25$255,000$133
1,3908/1/25$255,000$183
2,1088/1/25$250,000$119
3,2928/1/25$245,000$74
1,3728/1/25$239,900$175
1,6868/1/25$239,000$142
2,0728/1/25$232,000$112
2,1568/1/25$230,000$107
3,0478/1/25$230,000$75
1,1148/1/25$215,000$193
2,9428/1/25$205,000$70
1,1108/1/25$204,900$185
1,0748/1/25$185,000$172
1,3808/1/25$180,000$130
9528/1/25$165,000$173
1,5688/1/25$159,000$101
Showing the 60 most recent of 63 sales · FL Dept. of Revenue public records · past 12 months · no addresses published · tap any column to sort

Currently For Sale

50 active listings in Lake Wales

BedsBathsSq FtList Price$/Sq FtDOMPoolWaterfrontView
321,508$315,000$2091
32924$210,000$2273
22864$179,900$2081
321,148$289,000$2523
422,104$329,990$15714
321,525$304,990$20014
421,632$379,000$23281
321,176$224,900$1912
321,791$350,000$195175
322,249$443,000$197200
0$179,900217Lake Easy
0$5,500,000385Lake Easy
422,016$179,900$892
321,027$125,000$1223
311,072$187,000$17416
0$540,000963
221,135$279,000$24614
221,049$245,000$2347
331,340$305,000$22887
221,216$270,000$22280
321,144$265,000$23263
532,128$665,000$31343
221,144$149,000$1307
0$169,900438
0$169,900441
321,660$469,000$28321
21720$210,000$292616Lake Rosalie
321,768$339,000$192270Lake Walk In Water
321,970$328,755$167136
321,860$465,000$2508Water
432,574$389,900$151114Water
221,152$215,000$18710
221,693$1,200,000$7096
331,751$499,900$28568
321,716$348,000$20398
442,160$489,400$22742
0$239,900218
221,120$169,900$15235
221,038$459,500$443130Lake Rosalie
331,834$314,000$17121
221,280$169,000$1328
645,589$725,000$130169Water
433,400$519,900$15387
432,265$380,161$168135
432,265$363,161$160135
542,705$395,500$146136
321,970$331,755$168136
321,540$306,223$199136
421,820$322,489$177136
432,508$374,652$149146
All 50 active listings in Lake Wales · live Stellar MLS · no addresses published

Lake Wales Market — Common Questions

Is Lake Wales a buyer's or seller's market in 2026?+

Lake Wales is currently a seller's market with about 3.7 months of inventory. About 3.7 months of inventory — homes are selling faster than new ones come on the market, so sellers hold the leverage (under 4 months = seller's market).

What is the median home sale price in Lake Wales?+

Based on Florida Department of Revenue public records over the last 6 months, the median sale price in Lake Wales is approximately $275K, down about 1.6% from a year earlier.

How many homes are for sale in Lake Wales?+

There are currently 240 active listings in Lake Wales, with homes selling at roughly 65.5 per month. That works out to about 3.7 months of inventory.

Free · No Obligation

What Is Your Lake Wales Home Worth?

I analyze active competition, recent sales, and neighborhood trends to give you a precise estimate of what your home is worth right now — no automated Zestimate, a real analysis from a local expert.

Ryan Solberg, MaxLife Realty

Ryan Solberg

MaxLife Realty

321.373.3536

Report generated July 17, 2026 at 12:56 PM ET· Powered by Stellar MLS

MLS Data:Active and pending listing data is sourced from the Stellar MLS as distributed by MLS GRID. Listings courtesy of Stellar MLS as distributed by MLS GRID. 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. The MLS GRID does not guarantee the accuracy of this data, which may not reflect all real estate activity in the area.

Sold Data: Sales analysis is derived from Florida Department of Revenue public property records(arm's-length transactions). Ryan Solberg and MaxLife Realty LLC are not affiliated with Lake Walesor its HOA. This report is not intended to solicit properties already listed for sale nor to cause a breach of an existing agency relationship. Data should be independently verified. E&OE.

Based on information submitted to the MLS GRID as of July 17, 2026 at 9:33 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

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.

Based on information submitted to the MLS GRID as of July 17, 2026 at 9:33 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA