Lake Wales Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,000
    8% ( $10,900 ) vs Apr 2015
  • Median Sales Price
    $72,119
    3% ( $2,119 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $68,500
    33% ( $17,000 ) vs Apr 2015
  • Foreclosures 224
    Homes for Sale 180
    Recently Sold 523

Market Summary

There are currently 224 properties in Lake Wales, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 180.

In May, the number of properties that received a foreclosure filing in Lake Wales, FL was 38% lower than the previous month and 54% lower than the same time last year.

Home sales for April 2016 were up 7% compared with the previous month, and up 173% compared with a year ago. The median sales price of a non-distressed home was $72,119. The median sales price of a foreclosure home was $68,500, or 5% lower than non-distressed home sales.

Sales Prices - Lake Wales, FL




Add this chart to your website.

$68,500 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $46,800 (Median Foreclosure Sales Price) $46,500 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $52,000 (Median Foreclosure Sales Price) $72,119 (Median Sales Price) $70,000 (Median Sales Price) $69,000 (Median Sales Price) $62,000 (Median Sales Price) $59,000 (Median Sales Price) $57,500 (Median Sales Price) $68,500 (Median Foreclosure Sales Price) $51,500 (Median Foreclosure Sales Price) $46,800 (Median Foreclosure Sales Price) $46,500 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $52,000 (Median Foreclosure Sales Price) $72,119 (Median Sales Price) $70,000 (Median Sales Price) $69,000 (Median Sales Price) $62,000 (Median Sales Price) $59,000 (Median Sales Price) $57,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Kissimmee
705
31.5
% (y-o-y)
$156,000
15.6
% (y-o-y)
16.7%
22.0
% (y-o-y)
Davenport
225
139.4
% (y-o-y)
$157,800
8.8
% (y-o-y)
26.4%
23.4
% (y-o-y)
Winter Haven
208
43.4
% (y-o-y)
$107,300
31.7
% (y-o-y)
25.9%
25.2
% (y-o-y)
Haines City
73
73.8
% (y-o-y)
$107,500
7.5
% (y-o-y)
31.2%
10.9
% (y-o-y)
Avon Park
43
65.4
% (y-o-y)
$70,500
23.7
% (y-o-y)
28.9%
3.5
% (y-o-y)
Bartow
38
123.5
% (y-o-y)
$79,950
1.6
% (y-o-y)
47.4%
53.1
% (y-o-y)
Frostproof
21
31.3
% (y-o-y)
$50,000
16.7
% (y-o-y)
21.6%
23.3
% (y-o-y)
Fort Meade
12
100.0
% (y-o-y)
$60,000
50.0
% (y-o-y)
60.0%
47.0
% (y-o-y)
Lake Alfred
12
100.0
% (y-o-y)
$75,900
102.1
% (y-o-y)
22.3%
132.0
% (y-o-y)
Eagle Lake
7
75.0
% (y-o-y)
$94,000
0.0
% (y-o-y)
Data not available

Local Info For Lake Wales

Population:
13,884
Cost of Living Index: 104.33
Crime Index: 73.35     Rating: B View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $36,354
Unemployment: 5.00%
Percentage of vacant homes: 20.93%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)