TEMPLE GROVE TERRACE in LAKE WALES

TEMPLE GROVE TERRACE
Homes for Sale in LAKE WALES, FL

Community in LAKE WALES · Polk County · ZIP 33853
32 homesBuilt 1954–1973
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data21 years of closingsFL DOR public recordsUpdated twice daily
Live · TEMPLE GROVE TERRACE Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
53%
Owner-occupied · TEMPLE GROVE TERRACE
17 of 32 parcels homesteaded (FL DOR 2025)
47%
Non-owner-occupied · TEMPLE GROVE TERRACE
incl. 0% trust or LLC-held · 0% out-of-state
67%
Cash buyers · TEMPLE GROVE TERRACE
2 of 3 sales, 12 mo ending June 2024
32
Homes in the community
32 residential parcels (FL DOR 2025)
Track record · 21 years of records
Est. 1954
Community established
homes built 1954-1973, median 1962 (FL DOR 2025)
0
Failed listings · 2025
peaked at 4 in 2009
3.1%/yr
Turnover rate
about 1 of 32 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Temple Grove Terrace is a small pocket of 32 homes built between 1954 and 1973, with a median year built of 1962. That means most of the housing stock is now well past its sixth decade, so condition and updates - not square footage or lot size - do most of the work in setting price here. Two houses on the same block can differ substantially in value depending on whether the roof, electrical, and plumbing have been touched since the original build.

With zero active listings as of this snapshot and a very thin closings window, there is simply not enough current market activity to read a trend line. Anyone pricing a purchase or a sale here should treat any comparable as a snapshot of that specific home's condition, not a signal about where the whole community is headed.

Best for

  • A buyer seeking an established home with a larger footprint who is comfortable budgeting for age-appropriate updates.
  • A buyer planning a longer-term hold who values a stable, low-turnover setting over amenity access.
  • A buyer working directly with an agent who can vet condition home-by-home, given how thin current listing data is.

Probably not for

  • A buyer who wants community amenities like a pool, clubhouse, or organized common areas.
  • A buyer who needs a large pool of active comparables to benchmark price with confidence.
  • A buyer seeking move-in-ready construction without factoring in the age of the homes here.

The market around TEMPLE GROVE TERRACE

TEMPLE GROVE TERRACE is a small community — 21 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

In ZIP 33853, 80 homes are on the market and 24% are under contract — a steady corner of LAKE WALES.

Across Polk County, 5,189 homes are active and 1,757 pending (25% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not TEMPLE GROVE TERRACE specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in TEMPLE GROVE TERRACE, LAKE WALES

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 11 listings

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 August 2026 through August 2026. Deemed reliable but not guaranteed.

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
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent TEMPLE GROVE TERRACE 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 TEMPLE GROVE TERRACE address.

If we were buying in TEMPLE GROVE TERRACE 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 TEMPLE GROVE TERRACE.

Best Buy
Buyers looking for an established, mid-century home in Lake Wales rather than new construction or a builder community.
Biggest Risk
Age-driven condition variance - homes from 1954 to 1973 need a careful inspection before price makes sense.
Sweet Spot
A buyer comfortable evaluating an older home on its own merits, with a plan and budget for updates if needed.
Avoid If
You are hoping for community amenities or a resale market with active comparable listings to lean on.

A Mid-Century Pocket With Deep Roots

Just over half of the homes in Temple Grove Terrace - 53.1% - carry a homestead exemption, which tells you this is a community where owners tend to stay put rather than cycle through as rentals or short-term holds. That kind of tenure usually means fewer turnover-driven listings in a given year, and it lines up with the very limited current inventory here.

No community amenities are identified from current MLS listings, so whatever draws a buyer to Temple Grove Terrace is the location and the house itself, not a clubhouse or a pool. The homes run a fairly wide range of vintage within a tight 19-year build window, so a walkthrough matters more than the listing sheet - two homes with the same year built can be in very different stages of renovation.

The location and the amenities are priced into every listing in TEMPLE GROVE TERRACE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A community this small and this thin on active inventory does not reward a generic search. We track off-market activity and recent closings in Lake Wales closely enough to tell you, home by home, whether a given price reflects updated systems or deferred maintenance - and we will say so plainly before you write an offer.

TEMPLE GROVE TERRACE in 15 seconds.

Best forBuyers looking for an established, mid-century home in Lake Wales rather than new construction or a builder community.
Biggest advantageLarger-than-typical living space for the era, with a median of 1,907 square feet.
Biggest riskAge-driven condition variance - homes from 1954 to 1973 need a careful inspection before price makes sense.
Sweet spotA buyer comfortable evaluating an older home on its own merits, with a plan and budget for updates if needed.
Avoid ifYou are hoping for community amenities or a resale market with active comparable listings to lean on.

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 TEMPLE GROVE TERRACE sales matched to your home.

What is your TEMPLE GROVE TERRACE home worth?

Get a no-obligation home value based on real comparable sales in TEMPLE GROVE TERRACE, 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 TEMPLE GROVE TERRACE on the map →

Real comps, not an automated estimate.

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.

$1,822/mo
Polk County typical true cost to own
$161/mo
Polk County typical home insurance
Check CDD
Confirm before you offer

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.

Temple Grove Terrace Market Scorecard

No active listings

Temple Grove Terrace is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$200,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/3
Active/Pend/Sold

Typical home value in the 33853 ZIP is $223,705, about 9.2% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

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

Frequently Asked Questions

How many homes are in TEMPLE GROVE TERRACE?
The Florida DOR 2025 assessment roll shows 32 homes in TEMPLE GROVE TERRACE (public records).
What share of TEMPLE GROVE TERRACE is owner-occupied?
53% of TEMPLE GROVE TERRACE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in TEMPLE GROVE TERRACE built?
Homes in TEMPLE GROVE TERRACE were built between 1954 and 1973, with a median year built of 1962 (FL DOR 2025 roll).
Do cash buyers compete in TEMPLE GROVE TERRACE?
Cash buyers took 67% of TEMPLE GROVE TERRACE sales in the 12 months ending June 2024 (2 of 3 closings, Stellar MLS).
What schools serve TEMPLE GROVE TERRACE?
TEMPLE GROVE TERRACE 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 TEMPLE GROVE TERRACE?
The best agent for TEMPLE GROVE TERRACE 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 TEMPLE GROVE TERRACE.
How do I find a top LAKE WALES real estate agent who knows TEMPLE GROVE TERRACE?
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 TEMPLE GROVE TERRACE and the wider LAKE WALES area.
Can Momentum Realty connect me with an agent for TEMPLE GROVE TERRACE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your TEMPLE GROVE TERRACE purchase or sale - no call center and no pressure.
A buyer seeking an established home with a larger footprint who is comfortable budgeting for age-appropriate updates.Excellent fit
A buyer planning a longer-term hold who values a stable, low-turnover setting over amenity access.Excellent fit
A buyer working directly with an agent who can vet condition home-by-home, given how thin current listing data is.Excellent fit
A buyer who wants community amenities like a pool, clubhouse, or organized common areas.Probably not
A buyer who needs a large pool of active comparables to benchmark price with confidence.Probably not
A buyer seeking move-in-ready construction without factoring in the age of the homes here.Probably not

Nearby Communities

Explore more neighborhoods near TEMPLE GROVE TERRACE with Momentum Realty’s local guides.

Blue Lake TerraceLAKE WALES, FL · 0.2 miMorningside Park Lake WalesLAKE WALES, FL · 0.7 miSteeple Chase Lake WalesLAKE WALES, FL · 0.7 miLWLake Wales VillageLAKE WALES, FL · 0.7 miEmerald And Alvina Estates Lake WalesLAKE WALES, FL · 0.8 miGroves At Orchard Hills Lake WalesLAKE WALES, FL · 0.9 miLake Wales Village Lake WalesLAKE WALES, FL · 0.9 miHPHighland PointeLAKE WALES, FL · 0.9 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
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 2005 (18 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.

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More Lake Wales & Lakeland, Winter Haven & Polk County guides

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