Homes for Sale Under 350K in Lake Wales, FL

488 Homes for Sale

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Lake Wales, FL Housing Market Overview

Lake Wales is a balanced market, giving buyers and sellers room to negotiate. With 4.1 months of supply and homes averaging 78 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

78

Inventory

134

Sep 2021Jun 2024Sep 2026

Median Home Price

$252,495Down 11.40%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
134 Down 15.72%
Newly Listed Homes
146 Up 3.55%
Months of Supply
4.1 Up 13.89%

Housing Demand

Homes Sold
98 Down 25.76%
Sale-to-List Ratio
98.1% Up 0.73%
Homes Sold Above List
16.3% Up 34.74%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from Stellar MLS® through Oct 9, 2026, 12:00 PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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Lake Wales, FL Housing Marketlink qauare
Homes Available icon

488

Homes Available

Median List Price icon

$ 252,495

Median List Price

Avg on Market icon

78 Days

Avg on Market

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