What is the housing market like in Downtown Lake Wales today?
In January 2025, Downtown Lake Wales home prices were up 104.8% compared to last year, selling for a median price of $215K. On average, homes in Downtown Lake Wales sell after 97 days on the market compared to 111 days last year. There were 4 homes sold in January this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$215,000
+104.8% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Lake Wales, FL
$215,000
+104.8%
United States
To compare other locations to the Downtown Lake Wales and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Wales add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Downtown Lake Wales
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Downtown Lake Wales housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.5%
-5.5 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Lake Wales, FL
94.5%
-5.5 pt
United States
View houses in Downtown Lake Wales that sold recently
Learn about schools in the Downtown Lake Wales area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Lake Wales housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Lake Wales.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Lake Wales has a minor risk of flooding. 22 properties in Downtown Lake Wales are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Downtown Lake Wales. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Lake Wales has a moderate risk of wildfire. There are 389 properties in Downtown Lake Wales that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Downtown Lake Wales.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Lake Wales has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Lake Wales is most at risk from hurricanes. 389 properties in Downtown Lake Wales have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 151 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 165 mph.
99% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Downtown Lake Wales has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Downtown Lake Wales have a Severe Heat Factor®.
Downtown Lake Wales is expected to see a 228% increase in the number of days over 108ºF over the next 30 years. Downtown Lake Wales is expected to experience 7