33853 (Lake Wales)
Homes for Sale & Housing Market
Median sale price $295,620, up 1.7% year over year, with homes going under contract in about 63 days.
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Housing Market Analyst
100% of listed homes are already under contract. Prices are up 1.7% versus the prior year and sellers are still collecting 94.4% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 100% of inventory sits under contract.
- Mortgage sensitivity — at 4.7× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33853 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
Where 33853 is hot — and where it isn't
Each dot is a community (11 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33853 (Lake Wales)
The median sale price across 33853 currently stands at $295,620, up 1.7% from a year ago. Buyers are paying a median of $166 per square foot. The typical home goes under contract in about 63 days. Sellers are capturing 94.4% of their original asking price on average.
with 1 more already under contract. 3 homes closed here over the trailing 12 months.
Zillow's home value index for Polk County stands at $298,058. About 26% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33853 is 67 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
33853 since 2012 — and where it’s heading
A median home here sold for $77,500 in 2012 and $389,404 over the last recorded year — 402% appreciation across 14 years of recorded sales. Cash buyers took 33% of recent sales, down from a 41% peak.
Median sale price · 2012–2026 (1,055 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Polk County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Polk County (MLS)
Median price · daily recalculation
What’s driving 33853
Top inbound states: NY, NJ, PA, TX. Movers arriving report ~$56,322 average income. Source: IRS SOI county-to-county migration, 2022-2023
5,380 Citizens policies in force in Polk County — the state-backed insurer of last resort. Budget insurance into any Polk purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
6,725 single-family · 1,511 multi-family · 10.8 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Polk
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33853 ← this page | $296K | — | 67 | |
| 30153 | $242K | 30 | 51 | Open → |
| 33837 | $355K | 24 | 45 | Open → |
| 33823 | $347K | 12 | 68 | Open → |
| 33813 | $400K | 8 | 43 | Open → |
| 30125 | $270K | 7 | 55 | Open → |
Neighborhoods on the move
| TAYLOR GROVESLake Wales | $296K | ▲ 3% |
| SADDLEBAG LAKELake Wales | $135K | ▲ -1% |
| TIMBERLANE SUBTampa | $335K | ▲ -9% |
| TIMBERLANE SUBTampa | $335K | ▼ 9% |
| SADDLEBAG LAKELake Wales | $135K | ▼ 1% |
| TAYLOR GROVESLake Wales | $296K | ▼ 3% |
| TIMBERLANE SUBTampa | $335K | 18 days |
| TAYLOR GROVESLake Wales | $296K | 46 days |
| SADDLEBAG LAKELake Wales | $135K | 105 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33853 right now?
The data says conditions currently favor sellers in 33853 — the Momentum Score reads 67/100. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33853 becoming more affordable?
No — the median sale price in 33853 is $295,620, up 1.7% versus the prior year, while sellers still capture 94.4% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33853?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are TIMBERLANE SUB (-9%); SADDLEBAG LAKE (-1%); TAYLOR GROVES (3%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33853 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are TIMBERLANE SUB (18 days); TAYLOR GROVES (46 days); SADDLEBAG LAKE (105 days) — homes there go under contract well ahead of the market-wide pace of 63 days.
33853 (Lake Wales) housing market FAQ
Is it a good time to sell a house in 33853?
By the numbers, sellers in 33853 are getting 94.4% of asking price and going under contract in about 63 days. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 33853 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33853 median sale prices are up 1.7% year over year, and 100% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 33853?
The median sale price in 33853 is currently $295,620, up 1.7% from a year ago, based on MLS sales data updated September 15, 2026.
Is 33853 a buyer's or seller's market right now?
The data currently favors sellers. 33853 scores 67 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 33853?
The typical home in 33853 goes under contract in about 63 days, per current MLS data.
Are home prices in 33853 rising or falling?
Median sale prices are up 1.7% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33853 (Lake Wales). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.