Lake Wales, FL, Real Estate

Lake Wales, Florida, nestled in the heart of Polk County, is a charming city known for its scenic beauty and rich history. Surrounded by rolling hills and numerous lakes, it offers a serene escape with attractions like Bok Tower Gardens, a National Historic Landmark featuring a 205-foot Singing Tower and lush gardens designed by Frederick Law Olmsted Jr. The city's vibrant downtown, with its historic architecture and local shops, reflects a strong sense of community. Lake Wales is also home to the Lake Wales History Museum, showcasing the area’s cultural heritage, and the annual Lake Wales Mardi Gras, a lively celebration drawing visitors from across the region. With its blend of natural splendor and small-town warmth, Lake Wales is a hidden gem in Central Florida.

Lake Wales currently has 374 single family homes for sale with an average list price of $387,151.11, 20 townhouses for sale with an average list price of $252,220, 36 condos for sale with an average list price of $136,397.22, and 248 lots for sale with an average list price of $303,455.54. The average annual property tax for Lake Wales is $2,005.68.

Current Homes for Sale

Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lake Wales, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Alta Vista

Alta Vista is a single-family home community in Lake Wales, Florida, built between 1921 and 1970. It currently has 3 single family homes for sale with an average list price of $212,418.33. The homes range in size from 755 ft2 to 2,008 ft2. The average annual property tax for Alta Vista is $1,619.89. It is located in Polk County. ... Read more
Median Price: $220,000
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Annabelle Estates

Annabelle Estates is a single-family home and townhouse community in Winter Haven (Lake Wales), Florida, built in 2025 by D.R. Horton and Dream Finders Homes. It currently has 17 single family homes for sale with an average list price of $302,572.59 and 10 townhouses for sale with an average list price of $253,490. The homes range in size from 1,407 ft2 to 2,110 ft2. The HOA fees range from $8 to $170 per month. It is located in Polk County. ... Read more
Median Price: $335,000
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Avon Park

Avon Park is a subdivision in Lake Wales, Florida. It currently has no homes for sale.
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Bel Ombre

Bel Ombre is a subdivision in Lake Wales, Florida. It currently has no homes for sale. It is located in Polk County.
Median Price: $248,000
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Blanchard Terrace

Blanchard Terrace is a single-family home community in Lake Wales, Florida, built between 1925 and 2007. It currently has no homes for sale. The homes range in size from 776 ft2 to 1,426 ft2. The average annual property tax for Blanchard Terrace is $1,868.89. It is located in Polk County. ... Read more
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Subdivisions

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Market Trends

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Nearby Golf Courses

Mountain Lake Golf Course

2300 N Scenic Hwy, Lake Wales, FL 33898
Par 70 • 70 holes • 6621 yards

Nearby Golf Courses

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Real Estate News

Homes Just Sold in Lake Wales: November 25th to December 1st

Homes Just Sold in Lake Wales: November 25th to December 1st - December 2, 2025

Lake Wales had 7 sales during the week of Tuesday, November 25 to Monday, December 1, including including 7 single family homes for sale with an average list price of ... continue reading
New Homes For Sale This Week in Lake Wales: November 21st to November 27th

New Homes For Sale This Week in Lake Wales: November 21st to November 27th - November 28, 2025

Lake Wales had 18 new homes for sale during the week of Friday, November 21 to Thursday, November 27, including including 10 single family homes for sale with an average ... continue reading
New Construction Homes For Sale This Week in Lake Wales: November 19th to November 25th

New Construction Homes For Sale This Week in Lake Wales: November 19th to November 25th - November 26, 2025

Lake Wales had 13 new construction homes during the week of Wednesday, November 19 to Tuesday, November 25, including 12 single family homes for sale with an average list price ... continue reading
New Golf Course Lots For Sale in Lake Wales: November 18th to November 24th

New Golf Course Lots For Sale in Lake Wales: November 18th to November 24th - November 25, 2025

Lake Wales had only 1 new home backing up to golf courses for sale during the week of Tuesday, November 18 to Monday, November 24, and it was a single ... continue reading
Homes Just Sold in Lake Wales: November 18th to November 24th

Homes Just Sold in Lake Wales: November 18th to November 24th - November 25, 2025

Lake Wales had 9 sales during the week of Tuesday, November 18 to Monday, November 24, including including 6 single family homes for sale with an average list price of ... continue reading
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