Lake Wales Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $124,900
    0% ( $0 ) vs Nov 2014
  • Median Sales Price
    $57,500
    0% ( $0 ) vs Nov 2014
  • Median Foreclosure Sales Price
    $52,000
    4% ( $1,800 ) vs Nov 2014
  • Foreclosures 193
    Homes for Sale 188
    Recently Sold 545

Market Summary

There are currently 193 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 188.

In December, the number of properties that received a foreclosure filing in Lake Wales, FL was 33% lower than the previous month and 55% lower than the same time last year.

Home sales for November 2015 were up 1300% compared with the previous month, and down 44% compared with a year ago. The median sales price of a non-distressed home was $57,500. The median sales price of a foreclosure home was $52,000, or 10% lower than non-distressed home sales.

Sales Prices - Lake Wales, FL




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$52,000 (Median Foreclosure Sales Price) $50,200 (Median Foreclosure Sales Price) $52,550 (Median Foreclosure Sales Price) $52,100 (Median Foreclosure Sales Price) $52,100 (Median Foreclosure Sales Price) $38,500 (Median Foreclosure Sales Price) $57,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $64,700 (Median Sales Price) $64,700 (Median Sales Price) $68,750 (Median Sales Price) $52,000 (Median Foreclosure Sales Price) $50,200 (Median Foreclosure Sales Price) $52,550 (Median Foreclosure Sales Price) $52,100 (Median Foreclosure Sales Price) $52,100 (Median Foreclosure Sales Price) $38,500 (Median Foreclosure Sales Price) $57,500 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $64,700 (Median Sales Price) $64,700 (Median Sales Price) $68,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Kissimmee
172
66.4
% (y-o-y)
$143,500
6.3
% (y-o-y)
20.0%
11.1
% (y-o-y)
Winter Haven
94
36.1
% (y-o-y)
$88,250
2.1
% (y-o-y)
22.9%
32.3
% (y-o-y)
Davenport
92
15.6
% (y-o-y)
$153,000
2.7
% (y-o-y)
18.3%
18.1
% (y-o-y)
Avon Park
33
15.4
% (y-o-y)
$58,950
13.4
% (y-o-y)
Data not available
Haines City
30
25.0
% (y-o-y)
$107,500
26.5
% (y-o-y)
12.6%
4.2
% (y-o-y)
Bartow
23
4.2
% (y-o-y)
$55,000
34.9
% (y-o-y)
20.0%
38.1
% (y-o-y)
Frostproof
13
13.3
% (y-o-y)
$67,000
71.8
% (y-o-y)
3.5%
0.0
% (y-o-y)
Lake Alfred
7
22.2
% (y-o-y)
Data not available
Data not available
Fort Meade
5
28.6
% (y-o-y)
$86,000
55.5
% (y-o-y)
Data not available
Eagle Lake
4
100.0
% (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: 73.35     Rating: B View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $36,354
Unemployment: 5.70%
Percentage of vacant homes: 20.93%

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