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 365 single family homes for sale with an average list price of $360,935.16, 22 townhouses for sale with an average list price of $255,891.41, 32 condos for sale with an average list price of $138,828.09, and 250 lots for sale with an average list price of $324,628.13. The average annual property tax for Lake Wales is $1,992.39.

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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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Annabelle Estates

Annabelle Estates is a single-family home and townhouse community in Lake Wales, Florida, built in 2025 by D.R. Horton and Dream Finders Homes. It currently has 20 single family homes for sale with an average list price of $328,702.60 and 11 townhouses for sale with an average list price of $260,262.73. 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: $337,975
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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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Brookshire

Brookshire is a single-family home community in Lake Wales, Florida, built between 2006 and 2022 by Adams Homes. It currently has 2 single family homes for sale with an average list price of $354,900. The homes range in size from 1,541 ft2 to 3,715 ft2. The HOA fees range from $315 to $416 per month. The average annual property tax for Brookshire is $1,890.32. It is located in Polk County. ... Read more
Median Price: $322,000
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Caloosa Lake Village

Caloosa Lake Village is a single-family home community in Lake Wales, Florida, built between 1972 and 1984. It currently has 1 lot for sale with a list price of $70,000. The homes range in size from 1,540 ft2 to 1,728 ft2. The average annual property tax for Caloosa Lake Village is $870.55. It is located in Polk County. ... Read more
Median Price: $295,000
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Citrus Acres

Citrus Acres is a single-family home community in Lake Wales, Florida, built in 2000. It currently has no homes for sale. The homes have an average size of 1,217 ft2. The average annual property tax for Citrus Acres is $854.12. 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

New Homes with In-ground Swimming Pools in Lake Wales: August 24th to August 30th

New Homes with In-ground Swimming Pools in Lake Wales: August 24th to August 30th - August 31, 2025

Lake Wales had new homes for sale with an in-ground swimming pool during the month of Sunday, August 24 to Saturday, August 30, including 2 single family homes for ... continue reading
New Homes For Sale This Week in Lake Wales: August 22nd to August 28th

New Homes For Sale This Week in Lake Wales: August 22nd to August 28th - August 29, 2025

Lake Wales had 20 new homes for sale during the week of Friday, August 22 to Thursday, August 28, including including 13 single family homes for sale with an average ... continue reading
New Construction Homes For Sale This Week in Lake Wales: August 20th to August 26th

New Construction Homes For Sale This Week in Lake Wales: August 20th to August 26th - August 27, 2025

Lake Wales had 6 new construction homes during the week of Wednesday, August 20 to Tuesday, August 26, including 6 single family homes for sale with an average list price ... continue reading
Homes Just Sold in Lake Wales: August 19th to August 25th

Homes Just Sold in Lake Wales: August 19th to August 25th - August 26, 2025

Lake Wales had 13 sales during the week of Tuesday, August 19 to Monday, August 25, including including 10 single family homes for sale with an average list price of ... continue reading
New Homes For Sale This Week in Lake Wales: August 15th to August 21st

New Homes For Sale This Week in Lake Wales: August 15th to August 21st - August 22, 2025

Lake Wales had 21 new homes for sale during the week of Friday, August 15 to Thursday, August 21, including including 12 single family homes for sale with an average ... continue reading
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