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Lake Wales, FL 33853 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lake Wales, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 3333PendingPending sales: 33
Lake Wales, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $220k$220kSoldMedian sold price (last 6 months): $233k$233k
What homes actually sell for in Lake Wales, FL
Distribution of 160 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $150k to $280k
$55k to $114k: 20 sales$55k$114k to $172k: 25 sales$172k to $231k: 28 sales$172k$231k to $290k: 49 sales49sales$290k to $349k: 12 sales$290k$349k to $408k: 9 sales$408k to $466k: 2 sales$408k$466k to $525k: 0 salesMedian $233k

What the numbers say

As of September 14, 2026, Resideline is tracking 33 active listings and 3 pending sales in ZIP code 33853. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $220,000, while the median of the 160 closed sales Resideline tracked over the last six months was $233,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 33853 for 97 days.

Frequently asked questions

What is the median home price in 33853?

The median closed sale price in Lake Wales, FL 33853 was $233,000 over the last six months, based on 160 closed sales tracked by Resideline. The middle half of those sales ranged from $150,000 to $280,000.

Is 33853 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 33 active listings in 33853, a pending-to-active ratio of 0.09. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 33853 currently looks like a balanced market.

Nearby ZIP code market data

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