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Lake Wales, FL 33859 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lake Wales, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 5555PendingPending sales: 66
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): $285k$285kSoldMedian sold price (last 6 months): $264k$264k
What homes actually sell for in Lake Wales, FL
Distribution of 211 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $237k to $300k
$109k to $145k: 11 sales$109k$145k to $181k: 5 sales$181k to $217k: 12 sales$181k$217k to $253k: 48 sales$253k to $289k: 54 sales54sales$253k$289k to $325k: 34 sales$325k to $361k: 21 sales$325k$361k to $397k: 5 salesMedian $264k

What the numbers say

As of October 5, 2026, Resideline is tracking 55 active listings and 6 pending sales in ZIP code 33859. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $285,000, while the median of the 211 closed sales Resideline tracked over the last six months was $264,490. 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 33859 for 75 days.

Frequently asked questions

What is the median home price in 33859?

The median closed sale price in Lake Wales, FL 33859 was $264,490 over the last six months, based on 211 closed sales tracked by Resideline. The middle half of those sales ranged from $236,990 to $299,990.

Is 33859 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 55 active listings in 33859, a pending-to-active ratio of 0.11. 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, 33859 currently looks like a balanced market.

Nearby ZIP code market data

Full Lake Wales, FL housing market report →

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