Is Lake Wales, FL 33859 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lake Wales is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.4Under 4 months = seller’s market

Sold above original list11.9%Share of sales, last 3 months

Median sale-to-list97.6%Sold price ÷ list price

Median days on market86Listing to accepted offer

Median price per sq ft$167▼ −1.4% vs. last year

Run the numbers for 33859

Prefilled for 33859Can I win this house?Multiple-offer likelihood for a listing Prefilled for 33859Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Auburndale 33823Balanced $185 /sq ft Babson Park 33827Balanced $216 /sq ft Bartow 33830Seller’s market $178 /sq ft Davenport 33837Balanced $183 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology