Lake Wales Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,900
    0% ( $550 ) vs Nov 2015
  • Median Sales Price
    $109,000
    45% ( $34,000 ) vs Nov 2015
  • Median Foreclosure Sales Price
    $50,000
    28% ( $19,800 ) vs Nov 2015
  • Foreclosures 182
    Homes for Sale 138
    Recently Sold 139

Market Summary

There are currently 182 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 138.

In December, the number of properties that received a foreclosure filing in Lake Wales, FL was 190% higher than the previous month and 107% higher than the same time last year.

Home sales for November 2016 were down 5% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $109,000. The median sales price of a foreclosure home was $50,000, or 54% lower than non-distressed home sales.

Sales Prices - Lake Wales, FL




Add this chart to your website.

$50,000 (Median Foreclosure Sales Price) $69,800 (Median Foreclosure Sales Price) $69,100 (Median Foreclosure Sales Price) $64,900 (Median Foreclosure Sales Price) $58,350 (Median Foreclosure Sales Price) $60,400 (Median Foreclosure Sales Price) $109,000 (Median Sales Price) $75,000 (Median Sales Price) $69,950 (Median Sales Price) $79,250 (Median Sales Price) $97,000 (Median Sales Price) $75,750 (Median Sales Price) $50,000 (Median Foreclosure Sales Price) $69,800 (Median Foreclosure Sales Price) $69,100 (Median Foreclosure Sales Price) $64,900 (Median Foreclosure Sales Price) $58,350 (Median Foreclosure Sales Price) $60,400 (Median Foreclosure Sales Price) $109,000 (Median Sales Price) $75,000 (Median Sales Price) $69,950 (Median Sales Price) $79,250 (Median Sales Price) $97,000 (Median Sales Price) $75,750 (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
151
49.7
% (y-o-y)
$155,850
8.2
% (y-o-y)
20.4%
18.0
% (y-o-y)
Davenport
59
41.0
% (y-o-y)
$172,500
6.5
% (y-o-y)
17.7%
21.9
% (y-o-y)
Winter Haven
47
50.0
% (y-o-y)
$115,000
30.3
% (y-o-y)
21.4%
22.9
% (y-o-y)
Bartow
10
56.5
% (y-o-y)
$97,450
77.2
% (y-o-y)
33.6%
20.0
% (y-o-y)
Haines City
8
73.3
% (y-o-y)
$133,000
23.7
% (y-o-y)
38.9%
12.6
% (y-o-y)
Lake Alfred
4
42.9
% (y-o-y)
$95,000
0.0
% (y-o-y)
Data not available
Frostproof
2
84.6
% (y-o-y)
$120,750
80.2
% (y-o-y)
64.3%
3.5
% (y-o-y)
Eagle Lake
2
50.0
% (y-o-y)
$55,657
0.0
% (y-o-y)
Data not available
Fedhaven
1
0.0
% (y-o-y)
Data not available
Data not available
Fort Meade
1
80.0
% (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: 99.04     Rating: B- View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $36,354
Unemployment: 6.00%
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)