Townhouses for sale in Lake Wales, FL

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Lake Wales, FL Real Estate Market Overview

In April 2025 in Lake Wales, FL there were 0.3% less homes for sale than in March 2025. While the average time on the market in April 2025 was 83 days, the median list price was $284,645. In April 2025 more than 8 listings in Lake Wales, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 33 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Lake Wales, FL

Lake Wales is located in Polk County, Florida. There are roughly 12,119 residents, living in 4,991 households. The average temperature for Lake Wales this time of the year is low of 65F and high of 89F. On average, Lake Wales gets about 3.95 inches of precipitation in May. Most residents are home owners (59%), have a high school diploma (60%) and are single, no kids (44%).

Data provided by Home Junction

Schools near Lake Wales, FL

Elementary Schools

  • Spook Hill Elementary School

    321 Dr J A Wiltshire Ave E

    Public District PK-5

  • Polk Avenue Elementary School

    110 E Polk Ave

    Public Charter PK-5

  • Hillcrest Elementary School

    1051 State Road 60 E

    Public Charter PK-5

Middle Schools

  • Edward W Bok Academy North

    338 E Central Ave

    Public Charter 6-8

  • McLaughlin Middle School

    800 4th St S

    Public District 6-8

High Schools

  • Roosevelt Academy

    115 E St

    Public District 6-12

  • Lake Wales Senior High School

    1 Highlander Way

    Public Charter 9-12

Data provided by Great Schools

Housing market reports in Polk County

Homes for sale near Lake Wales, FL

Top real estate cities in Florida

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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