Data as of February 2026. Source: Realtor.com.
The LAKE WALES, FL real estate market (33898) currently shows 142 active listings, with 23 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 76 days on market compared to 93 days last year.
The median listing price has risen 9% year-over-year, from $311,770 to $339,900.
Whether you are buying or selling in LAKE WALES, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 17,066 · Density: 22.2/mi² · Median household income: $53,717
Typical home value: $146,274 · Homeownership: 82.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 33898 | Lake Wales, FL 33898 | 0.0 mi | 132 | $73,389,360 | $339,900 | $555,980 |
| 33854 | Lakeshore, FL 33854 | 3.9 mi | 19 | $2,125,986 | $109,000 | $111,894 |
| 33827 | Babson Park, FL 33827 | 10.3 mi | 16 | $8,104,672 | $374,900 | $506,542 |
| 33853 | Lake Wales, FL 33853 | 15.0 mi | 79 | $21,434,754 | $260,000 | $271,326 |
| 34739 | Kenansville, FL 34739 | 15.8 mi | 5 | $2,401,400 | $389,000 | $480,280 |
| 34759 | Kissimmee, FL 34759 | 18.2 mi | 556 | $176,034,048 | $299,999 | $316,608 |
| 33851 | Lake Hamilton, FL 33851 | 22.1 mi | 61 | $19,678,661 | $313,394 | $322,601 |
| 33844 | Haines City, FL 33844 | 22.4 mi | 539 | $195,956,684 | $320,000 | $363,556 |
| 33870 | Sebring, FL 33870 | 23.1 mi | 166 | $43,856,038 | $234,900 | $264,193 |
| 34758 | Kissimmee, FL 34758 | 25.7 mi | 323 | $108,788,661 | $329,900 | $336,807 |
| 33839 | Eagle Lake, FL 33839 | 26.4 mi | 53 | $16,665,426 | $310,000 | $314,442 |
| 33836 | Davenport, FL 33836 | 27.1 mi | 1 | $365,000 | $365,000 | $365,000 |
| 33830 | Bartow, FL 33830 | 28.0 mi | 157 | $58,545,928 | $337,478 | $372,904 |
As of February 2026, there are 142 active listings in LAKE WALES, FL (zip code 33898), compared to 136 the prior year.
The median listing price in LAKE WALES, FL 33898 is $339,900 as of February 2026, a 9% increase from $311,770 the prior year.
Homes in LAKE WALES, FL 33898 spend an average of 76 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LAKE WALES, FL 33898 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 76 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE WALES, FL 33898 save an estimated $6,798 compared to a typical 5% commission on the median listing price of $339,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.