Comprehensive market data and analysis• Updated Dec 2025
33.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 4 | 8 | 21 | 67 |
| 1-2 acres | - | 2 | 8 | 21 |
| 2-5 acres | 1 | 5 | 8 | 17 |
| 5-10 acres | 1 | 4 | 12 | 22 |
| 10-20 acres | - | - | 2 | 5 |
| 20-50 acres | - | - | 2 | 2 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 6 | 20 | 54 | 136 |
Acreage buckets
The median price for land in Lake Wales, Florida is currently $60K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $235K.
Lake Wales, Florida is currently a strong buyer's market with 33.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 2.1% year-over-year.
Lake Wales, Florida currently has 33.6 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 224 active listings in Lake Wales, Florida. 39 new listings have hit the market in the last 90 days. The median asking price is $75K.
The current absorption rate in Lake Wales, Florida is 3.0% (3-month basis), indicating slow demand. With appreciating values (+2.1% YoY), the market shows growth potential. The top-performing broker in this market is EXP REALTY, LLC.
Land in Lake Wales, Florida typically sells within 105 days of listing. The median time on market is 50 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 3-month absorption rate in Lake Wales, Florida is 3.0%. The 12-month rate is 5.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
