Lake Wales Housing Information - Census

IndexLake WalesFloridaNational
Median home price$108,300$156,200$175,700
Median rent asked$735$998$920
Avg. people per household2.72.62.6
Owner occupied households57.6%66.1%64.4%
Renter occupied households42.4%33.9%35.6%

Lake Wales Housing Information - Zillow

IndexLake WalesFloridaNational
Zillow home value index$127,300$205,100$196,500
Year over year appreciation rate14.38%10.09%6.79%
5 year average appreciation rate9.74%10.06%5.28%
10 year average appreciation rate-2.07%-1.68%0.01%

Did you know?

  • The median home price in Lake Wales is 38% lower than the national average.
  • The median rent asked in Lake Wales is 20% lower than the national average.
  • The average number of people per household in Lake Wales is 2% higher than the national average.
  • The number of owner occupied households in Lake Wales is 10% lower than the national average.
  • The number of renter occupied households in Lake Wales is 19% higher than the national average.

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Compare Lake Wales, FL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Waverly, FL740$0100%
Wahneta, FL5,000$60,30066%
Inwood, FL6,468$63,30064%
Dundee, FL3,833$67,80061%
Fort Meade, FL5,745$71,10060%
Lake Wales, FL14,665$108,30038%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Tenafly, NJ14,672$731,800317%
Jacksonville, TX14,654$71,50059%
Somerton, AZ14,679$114,50035%
Canton, IL14,650$82,00053%
Ramsey, NJ14,650$518,600195%
Lake Wales, FL14,665$108,30038%
Source: The Lake Wales, FL housing data displayed above is derived from the United States Census Bureau and Zillow data.