Lake Wales Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $125,000
    0% ( $100 ) vs Nov 2016
  • Median Sales Price
    $120,000
    4% ( $5,000 ) vs Nov 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 130
    Homes for Sale 134
    Recently Sold 560

Market Summary

There are currently 130 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 134.

In December, the number of properties that received a foreclosure filing in Lake Wales, FL was 14% higher than the previous month and 72% lower than the same time last year.

Home sales for November 2017 were down 31% compared with the previous month, and down 42% compared with a year ago. The median sales price of a non-distressed home was $120,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Lake Wales, FL


  • Foreclosure Discount
    NOT AVAILABLE


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$120,000 (Median Sales Price) $125,000 (Median Sales Price) $137,143 (Median Sales Price) $139,000 (Median Sales Price) $126,550 (Median Sales Price) $114,950 (Median Sales Price) $120,000 (Median Sales Price) $125,000 (Median Sales Price) $137,143 (Median Sales Price) $139,000 (Median Sales Price) $126,550 (Median Sales Price) $114,950 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Kissimmee
139
7.9
% (y-o-y)
$173,000
11.0
% (y-o-y)
Data not available
Winter Haven
51
8.5
% (y-o-y)
$130,150
13.2
% (y-o-y)
Data not available
Davenport
40
32.2
% (y-o-y)
$194,000
12.5
% (y-o-y)
35.9%
17.7
% (y-o-y)
Haines City
11
37.5
% (y-o-y)
$160,000
20.3
% (y-o-y)
Data not available
Bartow
9
10.0
% (y-o-y)
$120,000
23.1
% (y-o-y)
Data not available
Avon Park
6
14.3
% (y-o-y)
$69,000
6.2
% (y-o-y)
Data not available
Frostproof
4
100.0
% (y-o-y)
$48,590
59.8
% (y-o-y)
Data not available
Babson Park
3
0.0
% (y-o-y)
Data not available
Data not available
Dundee
2
0.0
% (y-o-y)
Data not available
Data not available
Eagle Lake
1
50.0
% (y-o-y)
Data not available
Data not available

Local Info For Lake Wales

Population:
13,884
Cost of Living Index: 104.33
Crime Index: 89.75     Rating: B View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $36,354
Unemployment: 4.90%
Percentage of vacant homes: 20.93%

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