Lake Wales Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $99,900
    5% ( $5,000 ) vs Jul 2013
  • Median Sales Price
    $69,700
    0% ( $250 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $40,100
    20% ( $9,900 ) vs Jul 2013
  • Foreclosures 346
    Homes for Sale 15
    Recently Sold 649

Market Summary

There are currently 346 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 15.

In August, the number of properties that received a foreclosure filing in Lake Wales, FL was 10% higher than the previous month and 191% higher than the same time last year.

Home sales for July 2014 were up 6% compared with the previous month, and down 20% compared with a year ago. The median sales price of a non-distressed home was $69,700. The median sales price of a foreclosure home was $40,100, or 42% lower than non-distressed home sales.

Sales Prices - Lake Wales, FL




Add this chart to your website.

$40,100 (Median Foreclosure Sales Price) $50,000 (Median Foreclosure Sales Price) $54,250 (Median Foreclosure Sales Price) $54,404 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $63,800 (Median Foreclosure Sales Price) $69,700 (Median Sales Price) $69,950 (Median Sales Price) $61,500 (Median Sales Price) $65,000 (Median Sales Price) $61,500 (Median Sales Price) $56,500 (Median Sales Price) $40,100 (Median Foreclosure Sales Price) $50,000 (Median Foreclosure Sales Price) $54,250 (Median Foreclosure Sales Price) $54,404 (Median Foreclosure Sales Price) $55,000 (Median Foreclosure Sales Price) $63,800 (Median Foreclosure Sales Price) $69,700 (Median Sales Price) $69,950 (Median Sales Price) $61,500 (Median Sales Price) $65,000 (Median Sales Price) $61,500 (Median Sales Price) $56,500 (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
534
46.8
% (y-o-y)
$134,900
7.1
% (y-o-y)
17.0%
19.8
% (y-o-y)
Davenport
125
27.3
% (y-o-y)
$145,900
8.9
% (y-o-y)
13.2%
10.9
% (y-o-y)
Winter Haven
122
36.1
% (y-o-y)
$75,000
0.7
% (y-o-y)
Data not available
Haines City
43
38.6
% (y-o-y)
$103,600
37.2
% (y-o-y)
8.2%
21.2
% (y-o-y)
Avon Park
24
53.8
% (y-o-y)
$64,750
13.7
% (y-o-y)
34.3%
37.5
% (y-o-y)
Bartow
23
45.2
% (y-o-y)
$74,500
25.2
% (y-o-y)
36.2%
22.0
% (y-o-y)
Lake Alfred
10
28.6
% (y-o-y)
$55,000
42.0
% (y-o-y)
Data not available
Frostproof
8
11.1
% (y-o-y)
$56,100
30.5
% (y-o-y)
Data not available
Indian Lake Estates
6
50.0
% (y-o-y)
$91,101
28.1
% (y-o-y)
Data not available
Babson Park
4
33.3
% (y-o-y)
$116,500
51.6
% (y-o-y)
Data not available

Local Info For Lake Wales

Population:
13,884
Cost of Living Index: 104.33
Crime Index: 165.83     Rating: C View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $36,354
Unemployment: 7.80%
Percentage of vacant homes: 20.93%