Lake Wales Real EstateThe median home value in Lake Wales, FL is $249,875. This is higher than the county median home value of $178,100. The national median home value is $219,700. The average price of homes sold in Lake Wales, FL is $249,875. Approximately 47.94% of Lake Wales homes are owned, compared to 37.83% rented, while 14.23% are vacant. Lake Wales real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Wales real estate agent to arrange a tour today! Lake Wales, Florida has a population of 15,401. Lake Wales is more family-centric than the surrounding county with 26.33% of the households containing married families with children. The county average for households married with children is 25.22%. The median household income in Lake Wales, Florida is $40,499. The median household income for the surrounding county is $45,988 compared to the national median of $57,652. The median age of people living in Lake Wales is 37.7 years. Lake Wales WeatherThe average high temperature in July is 92.6 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 51.6 inches per year, with 0 inches of snow per year. Nearby Homes for SaleLake Wales Zip Codes |