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Lake Wales, FL 33898 Real Estate & Property Data

Lake Wales, FL 33898 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 588 residential properties have been sold over the past 12 months in 33898. With a median sales price of $299,900 in 33898 and a total of 1 foreclosures in Lake Wales, FL 33898. Discover market trends and get the granular level real estate data for Lake Wales, FL 33898 to keep your pulse on the housing market. Curate compelling home reports for Lake Wales, FL 33898 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lake Wales, FL 33898 Real Estate Market Trends

Get property data for any address in Lake Wales, FL 33898 or the country:

Total Residential Properties 8,864

Total Commercial Properties 406

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 1,592

Total 2024 Residential Sales (year-to-date) 77

% of Homes Seriously Underwater (Q2 2024) 0.55%

Total 2023 Residential Sales 553

% of Equity Rich Homes (Q2 2024) 30.67%

Effective 2023 Property Tax 0.77%

Total Foreclosure Filings (year-to-date) 6

Lake Wales, FL 33898 Real Estate Overview

There were 588 residential properties sold in the past year in Lake Wales, FL 33898. The median home value in Lake Wales, FL 33898 is $255,750. There are a total of 8,864 residential properties in the 33898.

Median Sales Price i

$299,900

(Feb 2024)

+20%

year-over-year

y-o-y

February '24 Feb '24 $299,900
January '24 Jan '24 $355,000
December '23 Dec '23 $273,466
November '23 Nov '23 $370,000
October '23 Oct '23 $300,000
September '23 Sep '23 $330,000
August '23 Aug '23 $285,000
July '23 Jul '23 $380,000
June '23 Jun '23 $299,450
May '23 May '23 $279,900
April '23 Apr '23 $275,000
March '23 Mar '23 $315,000

Median Down Payment i

$66,000

(Feb 2024)

+142.2%

year-over-year

y-o-y

February '24 Feb '24 $66,000
January '24 Jan '24 $115,905
December '23 Dec '23 $18,372
November '23 Nov '23 $65,600
October '23 Oct '23 $36,000
September '23 Sep '23 $47,000
August '23 Aug '23 $47,302
July '23 Jul '23 $33,278
June '23 Jun '23 $47,000
May '23 May '23 $40,250
April '23 Apr '23 $47,925
March '23 Mar '23 $21,725

Number of Homes Sold i

42

(Feb 2024)

+35.5%

year-over-year

y-o-y

February '24 Feb '24 42
January '24 Jan '24 35
December '23 Dec '23 51
November '23 Nov '23 41
October '23 Oct '23 47
September '23 Sep '23 46
August '23 Aug '23 41
July '23 Jul '23 42
June '23 Jun '23 55
May '23 May '23 56
April '23 Apr '23 43
March '23 Mar '23 58

Number of Purchase Loans i

21

(Feb 2024)

+90.9%

year-over-year

y-o-y

February '24 Feb '24 21
January '24 Jan '24 16
December '23 Dec '23 16
November '23 Nov '23 10
October '23 Oct '23 29
September '23 Sep '23 12
August '23 Aug '23 21
July '23 Jul '23 14
June '23 Jun '23 15
May '23 May '23 20
April '23 Apr '23 9
March '23 Mar '23 16

Number of REFI Loans i

5

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 7
December '23 Dec '23 10
November '23 Nov '23 4
October '23 Oct '23 5
September '23 Sep '23 14
August '23 Aug '23 2
July '23 Jul '23 12
June '23 Jun '23 9
May '23 May '23 15
April '23 Apr '23 10
March '23 Mar '23 8

Number of HELOC Loans i

1

(Feb 2024)

-85.7%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 4
December '23 Dec '23 3
November '23 Nov '23 5
October '23 Oct '23 2
September '23 Sep '23 4
August '23 Aug '23 4
July '23 Jul '23 N/A
June '23 Jun '23 8
May '23 May '23 7
April '23 Apr '23 1
March '23 Mar '23 1

Lake Wales, FL 33898 Real Estate Market Overview

Last 30 days

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Lake Wales, FL 33898 Foreclosure Activity

There were a total of 1 Lake Wales, FL 33898 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 5
December '23 Dec '23 3
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 7
April '23 Apr '23 6
March '23 Mar '23 8

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 2
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 6
April '23 Apr '23 3
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 33853
2. 33859

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