Is Lake Wales, FL 33853 a buyer’s or seller’s market?
Lake Wales is a seller’s market. With about 3.8 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score46/ 100
More competitive than 46% of U.S. ZIP codes, and #16 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$144▼ −6.2% vs. last year
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Nearby markets
Auburndale 33823Balanced $185 /sq ftBabson Park 33827Balanced $216 /sq ftBartow 33830Seller’s market $178 /sq ftDavenport 33837Balanced $183 /sq ft Browse all markets →More tools for 33853
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology