Candlelight Groves
Homes for Sale in Lake Wales, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-08-02, 4 recorded sales closed at a median of $139,950, $132 per square foot, a median 30 days on market, sellers accepting 87% of original asking. At the median price and Polk County's FY2025-26 rate of 16.19 mills, annual property tax runs about $2,270 ($1,590 with the full homestead exemption).
Price here is driven by condition and square footage, not amenities or newness. With a median living area of 960 square feet, these are compact homes, and the median price near $139,950 reflects that scale. The construction window runs from 1972 to 2017, so what you pay turns heavily on how much updating a given home has had - the spread is condition-driven, and two homes of similar size can land far apart on price.
The market posture is thin. There are 16 homes in the community, no active listings at this snapshot, and only four closings in the trailing window, with a median of just over 30 days on market. For a buyer, that means patience - you wait for the right listing rather than shop a shelf. For a seller, limited competition is an advantage, but the small sample makes pricing an exercise in reading each comparable carefully.
Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Candlelight Groves right now. These are the 2 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Candlelight Groves market snapshot (as of August 2, 2026): the median sale price is about $140K ($132 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales.
In ZIP 33859 (Lake Wales), 271 homes closed in the last 12 months at a median of $284K ($162/sq ft), down 3.6% year over year, with a median 68 days on market. See the live ZIP 33859 housing market and the Polk County market.
Candlelight Groves is a community of 16 homes in Lake Wales, Polk County, built between 1972 and 2017 (median 1977), with a median living area of about 960 square feet. 38% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Candlelight Groves is a small, compact-home pocket in Lake Wales with no identified community amenities - the value proposition is the home itself and the price point, not shared facilities.
Who Candlelight Groves is best for.
Best for
- Buying a compact, lower-maintenance home at an accessible price point
- Buyers willing to wait for the right listing in a low-inventory pocket
- Buying to hold, with patience for a thinly traded market
Probably not for
- Needing a large floor plan - median living area is about 960 square feet
- Wanting community amenities, since none are identified from current listings
- Needing to buy quickly from active inventory, which currently stands at zero
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($140K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Polk County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Polk County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
28% of homes for sale in ZIP 33859 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
Candlelight Groves Market Scorecard
Candlelight Groves is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Schools
- Polk County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Polk County Public Schools (verify by address) · Public
- Confirm zoned elementary, middle, and high · By address
- Lake Wales charter and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Candlelight Groves listings and can change; always confirm with Polk County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Candlelight Groves address.
The Candlelight Groves buying strategy.
If we were buying in Candlelight Groves today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Candlelight Groves.
A small inventory with a wide condition range
Sixteen homes make this a genuinely small community, and that scale shapes everything. With a median year built of 1977 and a range stretching to 2017, you are looking at a mix of original-era homes and later additions. The median price per square foot of about $132 tells you footprint is modest; expect to evaluate each home on its own updates rather than against a uniform standard.
A homestead share around 38% suggests a meaningful portion of these homes are not owner-occupied as primary residences - worth noting if you care about owner-occupancy ratios in a neighborhood. With no amenities identified from current MLS listings, there are no association facilities factored into the appeal; buyers are paying for the house and the Lake Wales location.
The location and the amenities are priced into every listing in Candlelight Groves. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 16-home community with no active listings and only four recent closings, data is scarce and every comparable matters. We read condition against price the way the market actually does here, so you are not guessing whether a home's asking number reflects real updates or just optimism. On the buy side, that often means waiting for the right listing; on the sell side, it means pricing from a thin but honest set of comps.
Candlelight Groves in 15 seconds.
Tools for a Candlelight Groves buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Candlelight Groves sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Candlelight Groves, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Candlelight Groves home worth?
Get a no-obligation home value based on real comparable sales in Candlelight Groves, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Lake Wales →
| Location | Lake Wales, Polk County, FL · ZIP 33859 |
|---|---|
| Homes in the community | 16 (FL DOR 2025 assessment roll) |
| Years built | 1972–2017 (median 1977) |
| Typical living area | 960 sq ft (median) |
| Sale prices, last 12 months | $139,950 median across 4 closed sales · $132 per sq ft |
| Days on market (closed sales) | 30 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 38% |
| Zoned public schools | Polk County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Lake Wales charter and choice options may apply |
Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2014 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Candlelight Groves key facts,” movewithmomentum.com/neighborhoods/candlelight-groves, data as of August 2, 2026.
Housing distress & ownership in CANDLELIGHT GROVES, Lake Wales
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
More Lake Wales home searches
- All homes for sale in Lake Wales, FL
- Lake Wales golf course homes
- Lake Wales home values: what is my house worth?
- ZIP 33859 housing scorecard
Lake Wales guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Ask an agent about Candlelight Groves
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Candlelight Groves will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Candlelight Groves?
How long do homes in Candlelight Groves take to sell?
How many homes are in Candlelight Groves?
What share of Candlelight Groves is owner-occupied?
When were the homes in Candlelight Groves built?
Do cash buyers compete in Candlelight Groves?
What schools serve Candlelight Groves?
Who is the best real estate agent for Candlelight Groves?
How do I find a top Lake Wales real estate agent who knows Candlelight Groves?
Can Momentum Realty connect me with an agent for Candlelight Groves?
Where is Candlelight Groves, and what county is it in?
Should you buy in Candlelight Groves?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: June 25, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2014 (13 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
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See how CANDLELIGHT GROVES fits the bigger picture — live prices, inventory, and Momentum Scores: