LAKE WALES ESTATES in LAKE WALES

LAKE WALES ESTATES
Homes for Sale in LAKE WALES, FL

Community in LAKE WALES · Polk County · ZIP 33859
88 homesBuilt 1900–2025Median sale $165K
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Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · LAKE WALES ESTATES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$165K
Median sold · 12 mo
$173/sf
Sold $/sqft · 12 mo
peak $173 in 2026
83.9%
Sale vs ask
Tempo
57days
Median DOM · closed
10 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
7
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
47%
Owner-occupied · LAKE WALES ESTATES
52 of 111 parcels homesteaded (FL DOR 2025)
53%
Non-owner-occupied · LAKE WALES ESTATES
incl. 3% trust or LLC-held · 3% out-of-state
29%
Cash buyers · LAKE WALES ESTATES
2 of 7 sales, 12 mo ending June 2026
88
Homes in the community
plus 23 vacant residential lots · 111 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1900
Community established
homes built 1900-2025, median 1999 (FL DOR 2025)
2
Failed listings · 2026
peaked at 5 in 2023
1,216sqft
Median sold home size
12-mo windows, closed sales
8.0%/yr
Turnover rate
about 7 of 88 homes trade a year

The 60-Second Overview

LAKE WALES ESTATES market snapshot (as of August 2, 2026): the median sale price is about $165K ($173 per sq ft over the trailing 12 months of closed sales), and a median 57 days on market for closed sales.

LAKE WALES ESTATES is a community of 88 homes in LAKE WALES, Polk County, built between 1900 and 2025 (median 1998.5), with a median living area of about 1,344 square feet. 47% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 7 sales each (7 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 2007 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 7 in the current window.
Sellers who gave up · failed listings per year
024200420082012201620242026
Canceled, expired, or withdrawn. 5 quit in 2023; 2 so far in 2026. The clearest stress gauge a community has.

Lake Wales Estates Market Scorecard

Thin data

Lake Wales Estates is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Schools

In short
  • 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
  • Choice and magnet options may apply, assigned by address

Zoned schools reflect the assignments reported on recent LAKE WALES ESTATES 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 LAKE WALES ESTATES address.

If we were buying in LAKE WALES ESTATES today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 LAKE WALES ESTATES.

A closer look at the LAKE WALES ESTATES market

At a median of $173 per square foot, LAKE WALES ESTATES prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The housing stock is 88 homes built between 1900 and 2025, and 47% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in LAKE WALES ESTATES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed LAKE WALES ESTATES sales matched to your home.

What is your LAKE WALES ESTATES home worth?

Get a no-obligation home value based on real comparable sales in LAKE WALES ESTATES, 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 homes for sale in LAKE WALES ESTATES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in LAKE WALES ESTATES?
The median sale price in LAKE WALES ESTATES was $165K over the 12 months ending August 2, 2026 (7 closed sales, Stellar MLS).
How long do homes in LAKE WALES ESTATES take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 57 days on market (7 sales, Stellar MLS).
How many homes are in LAKE WALES ESTATES?
The Florida DOR 2025 assessment roll shows 88 homes plus 23 vacant residential lots in LAKE WALES ESTATES (public records).
What share of LAKE WALES ESTATES is owner-occupied?
47% of LAKE WALES ESTATES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in LAKE WALES ESTATES built?
Homes in LAKE WALES ESTATES were built between 1900 and 2025, with a median year built of 1998.5 (FL DOR 2025 roll).
Do cash buyers compete in LAKE WALES ESTATES?
Cash buyers took 29% of LAKE WALES ESTATES sales in the 12 months ending June 2026 (2 of 7 closings, Stellar MLS).
What schools serve LAKE WALES ESTATES?
LAKE WALES ESTATES is served by Polk County Public Schools, typically Polk County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for LAKE WALES ESTATES?
The best agent for LAKE WALES ESTATES is one who actively works LAKE WALES and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for LAKE WALES ESTATES.
How do I find a top LAKE WALES real estate agent who knows LAKE WALES ESTATES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows LAKE WALES ESTATES and the wider LAKE WALES area.
Can Momentum Realty connect me with an agent for LAKE WALES ESTATES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LAKE WALES ESTATES purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 25, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 33859/33898))
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2007 (20 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in LAKE WALES ESTATES? 7 recorded closings; median 57 days on market (window ending 2026-08-02). See the Polk County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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