Reserve at Forest Lake
Homes for Sale in Lake Wales, FL
All 328 homes for sale in LAKE WALES, FL · median $259,000 · Polk County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-08-02, 16 recorded sales closed at a median of $308,607, $159 per square foot, a median 159 days on market, sellers accepting 94% of original asking (+5% versus the prior year). At the median price and Polk County's FY2025-26 rate of 16.19 mills, annual property tax runs about $5,000 ($4,320 with the full homestead exemption).
Reserve at Forest Lake right now
🟡 Still climbing. The trailing-12-month median ($309K) is up 4.6% from the prior 12 months ($295K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (16 and 11 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 14, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside RESERVE AT FOREST LAKE - PHASE 1 right now. These are the 6 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
Reserve at Forest Lake market snapshot (as of August 2, 2026): the median sale price is about $309K ($159 per sq ft over the trailing 12 months of closed sales), and a median 160 days on market for closed sales. The trailing-12-month median is up 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (16 closings in the current window).
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.
Reserve at Forest Lake is a community of 156 homes in Lake Wales, Polk County, built between 2024 and 2024 (median 2024), with a median living area of about 2,514 square feet. 0% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
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
- Magnet and choice options may apply · Choice
Zoned schools reflect the assignments reported on recent Reserve at Forest Lake 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 Reserve at Forest Lake address.
The Reserve at Forest Lake buying strategy.
If we were buying in Reserve at Forest Lake 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 Reserve at Forest Lake.
A closer look at the Reserve at Forest Lake market
At a median of $159 per square foot, Reserve at Forest Lake 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 trailing-12-month median up 5% year over year. Homes that do trade take a median 160 days on market, useful leverage on any listing that has lingered.
The housing stock is 156 homes built around 2024, and 0% 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 Reserve at Forest Lake. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Reserve at Forest Lake buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.3). Basis: Recent Direction +4.6% year-over-year; Owner Commitment 0% owner-occupied; Pricing Power 93.7% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Reserve at Forest Lake 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 Reserve at Forest Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Reserve at Forest Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Reserve at Forest Lake home worth?
Get a no-obligation home value based on real comparable sales in Reserve at Forest Lake, 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 Reserve at Forest Lake on the map →
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.
Reserve at Forest Lake Market Scorecard
Reserve at Forest Lake is currently a thin data market. Limited supply, a median asking price of n/a.
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.
Frequently Asked Questions
What is the median home price in Reserve at Forest Lake?
How long do homes in Reserve at Forest Lake take to sell?
How many homes are in Reserve at Forest Lake?
What share of Reserve at Forest Lake is owner-occupied?
When were the homes in Reserve at Forest Lake built?
Do cash buyers compete in Reserve at Forest Lake?
What schools serve Reserve at Forest Lake?
Who is the best real estate agent for Reserve at Forest Lake?
How do I find a top Lake Wales real estate agent who knows Reserve at Forest Lake?
Can Momentum Realty connect me with an agent for Reserve at Forest Lake?
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 2025 (27 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
More Lake Wales & Lakeland, Winter Haven & Polk County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lakeland, Winter Haven & Polk County or the full Neighborhood Finder.
See how Reserve at Forest Lake - fits the bigger picture — live prices, inventory, and Momentum Scores:
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