Lake Wales, FL Homes Market Summary — August 2025 (with ZIP Snapshots)

Lake Wales • ZIPs 33853 • 33859 • 33898 • Polk County
Lake Wales, FL Homes Market Summary — August 2025 (with ZIP Snapshots)
📊 Market at a Glance (Citywide, All Home Types)
Public portals aggregate all property types. Where single-family-only figures aren’t publicly broken out, ZIP snapshots add clarity.
| Metric | August 2025 | Year-over-Year |
|---|---|---|
| Median Sale Price | $279,865 | ≈ −0.05% |
| Median Days on Market | 66 days | +8 days |
| Homes Sold | 30 | +11.1% |
| Sale-to-List Price Ratio | 97.6% | +0.2 pt |
| Homes Sold Above List | 16.7% | +1.9 pts |
| Listings with Price Drops | 26.7% | +1.3 pts |
| Active Listings (inventory) | ~308 | — |
| New Listings (month-end) | ~49 | — |
Method notes: Redfin = closed sales; Zillow ZHVI = “typical value.” Months noted where applicable; all-home-types unless otherwise stated.
📍 ZIP Snapshots (Helpful for Single-Family Focus)
33853 (Central/North Lake Wales)
Median Sale Price: ~$273,390 • DOM: ~34 days • Closed: ~85 (Aug ’25)
Up ~9.4% YoY; fastest-moving ZIP this month.
33859 (South / Lake Ashton area)
Median Sale Price: ~$295,000 • DOM: ~58 days • Closed: ~71 (Aug ’25)
Roughly flat YoY; moderate time-to-sell.
33898 (SE / Rural Lakes & Estates)
Median Sale Price: ~$294,900 • DOM: ~78 days • Closed: ~77 • Sale-to-List: ~96.8% (Aug ’25)
Softer pricing dynamics; more negotiation room.
🔎 What the Trends Suggest
- Prices: Citywide essentially flat YoY; ZIP performance diverges (33853 up; 33898 slightly higher DOM and lower ratio).
- Time to sell: ~9–10 weeks citywide; faster in 33853, slower in 33898.
- Negotiation: Average sale-to-list around ~97.6% citywide; 33898 near ~96.8% suggests room for concessions.
- Inventory: ~300+ active listings at August month-end creates options for buyers; presentation & pricing matter for sellers.
🏘️ Neighborhood Spotlights
Lake Ashton Golf Club (55+)
Median Sale Price (Aug ’25): ~$375,000 • YoY: +9.2%
Active-adult community with amenities; steady demand.
Downtown Lake Wales
Median Sale Price (Aug ’25): ~$388,000 • YoY: up (low volume; outliers can skew).
Small sample size—confirm comps before pricing.
County Context (Polk)
Median Sale Price (Aug ’25): ~$314,000 • DOM: ~60 days.
Lake Wales tracks broader Polk trends with ZIP-level differences.
Neighborhood stats reflect all home types from public portals; single-family breakouts require MLS.
🧭 Buyer & Seller Playbook
For Buyers
- Get same-day pre-approved to strengthen offers in faster ZIPs (e.g., 33853).
- Target sub-markets with longer DOM (e.g., 33898) for better concessions.
- Ask about rate buydowns and seller credits to lower monthly costs.
For Sellers
- Price to the last 30–60 days, not last year’s highs.
- Win on presentation: light updates + pro photography = more showings.
- Be incentive-aware (closing costs, 2-1 buydown) to widen your buyer pool.
✅ Move from Data to Decisions
Want single-family-only metrics for your price range and subdivision? I’ll pull MLS-verified stats and tailor a plan to buy (or sell) with confidence in Lake Wales.
👋 About Bernard Jackson, REALTOR® (LPT Realty)
Central Florida agent serving Lake Wales (33853, 33859, 33898), Winter Haven, Davenport, Poinciana, and Kissimmee. Accredited Buyer’s Representative (ABR®). My mission is helping families build wealth through homeownership—especially first-time buyers moving from rent to keys.
Call/Text: (321) 443-5582 • Email: bernardjacksonrealtor@gmail.com • Website: bernardsellsflhomes.com
❓ FAQs
Is Lake Wales more affordable than nearby areas?
Citywide median sale price around the high-$200Ks; ZIP-level medians range low-$270Ks to mid-$290Ks.
Why are some ZIPs slower?
More inventory + selective buyers in certain sub-markets; homes priced right and presented well still move.
How fast can I go from renting to owning?
With an organized plan and pre-approval, many clients transition in ~60–90 days.
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