Lake Wales Housing Information - Census

IndexLake WalesFloridaNational
Median home price$108,000$166,800$184,700
Median rent asked$752$1,032$949
Avg. people per household2.72.62.6
Owner occupied households57.1%64.8%63.6%
Renter occupied households42.9%35.2%36.4%

Lake Wales Housing Information - Zillow

IndexLake WalesFloridaNational
Zillow home value indexn/a$227,800$220,100
Year over year appreciation raten/a8.53%7.58%
5 year average appreciation raten/a10.88%6.57%
10 year average appreciation raten/a1.14%1.33%

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Did you know?

  • The median home price in Lake Wales is 42% lower than the national average.
  • The median rent asked in Lake Wales is 21% lower than the national average.
  • The average number of people per household in Lake Wales is 3% 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 18% 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.
Wahneta, FL4,700$53,10071%
Inwood, FL6,995$68,00063%
Fort Meade, FL5,883$68,00063%
Frostproof, FL3,100$75,80059%
Waverly, FL1,025$77,30058%
Lake Wales, FL15,206$108,00042%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Greenwood Village, CO15,208$854,700363%
North Myrtle Beach, SC15,201$260,00041%
Alpine, CA15,188$491,100166%
Bellevue, WI15,187$177,7004%
Pataskala, OH15,225$162,90012%
Lake Wales, FL15,206$108,00042%
Source: The Lake Wales, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.
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