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 402 single family homes for sale with an average list price of $375,071.92, 13 townhouses for sale with an average list price of $242,954.46, 27 condos for sale with an average list price of $119,025.93, and 287 lots for sale with an average list price of $335,706.76. The average annual property tax for Lake Wales is $2,104.26.

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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 1923 and 1970. It currently has 2 single family homes for sale with an average list price of $196,127.50. The homes range in size from 755 ft2 to 1,897 ft2. The average annual property tax for Alta Vista is $1,870.23. It is located in Polk County. ... Read more
Median Price: $235,000
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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 6 single family homes for sale with an average list price of $307,406.67 and 4 townhouses for sale with an average list price of $226,490. The homes range in size from 1,407 ft2 to 2,110 ft2. The HOA fees range from $8 to $450 per month. The average annual property tax for Annabelle Estates is $2,982.43. It is located in Polk County. ... Read more
Median Price: $286,700
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Annabelle Estates

Annabelle Estates is a single-family home community in Lake Wales, Florida, built between 2025 and 2026 by D.R. Horton and Richmond American Homes. It currently has 7 single family homes for sale with an average list price of $276,649.57. The homes range in size from 1,328 ft2 to 2,070 ft2. The HOA fees range from $8 to $120 per month. The average annual property tax for Annabelle Estates is $2,982.47. It is located in Polk County. ... Read more
Median Price: $325,885
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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: $218,000
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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 Construction Homes For Sale This Week in Lake Wales: April 15th to April 21st

New Construction Homes For Sale This Week in Lake Wales: April 15th to April 21st - April 22, 2026

Lake Wales had 5 new construction homes during the week of Wednesday, April 15 to Tuesday, April 21, including 3 single family homes for sale with an average list price ... continue reading
Homes Just Sold in Lake Wales: April 14th to April 20th

Homes Just Sold in Lake Wales: April 14th to April 20th - April 21, 2026

Lake Wales had 16 sales during the week of Tuesday, April 14 to Monday, April 20, including including 10 single family homes for sale with an average list price of ... continue reading
New Foreclosures & Short Sales in Lake Wales: April 13th to April 19th

New Foreclosures & Short Sales in Lake Wales: April 13th to April 19th - April 20, 2026

Lake Wales had only 1 new foreclosure and/or short sale during the week of Monday, April 13 to Sunday, April 19, and it was a single family home for sale ... continue reading
New Homes with In-ground Swimming Pools in Lake Wales: April 12th to April 18th

New Homes with In-ground Swimming Pools in Lake Wales: April 12th to April 18th - April 19, 2026

Lake Wales had new homes for sale with an in-ground swimming pool during the month of Sunday, April 12 to Saturday, April 18, including 2 single family homes for ... continue reading
New Homes For Sale This Week in Lake Wales: April 10th to April 16th

New Homes For Sale This Week in Lake Wales: April 10th to April 16th - April 17, 2026

Lake Wales had 26 new homes for sale during the week of Friday, April 10 to Thursday, April 16, including including 22 single family homes for sale with an average ... continue reading
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