Updated May 2026 · Redfin · 3-month window
33898 Real Estate Market Update: Lake Wales, FL, May 2026
The latest housing-market numbers for ZIP code 33898 in Lake Wales, Florida, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $310K | ▲ +3.4% | ▲ +10.7% |
| Days on market | 77 | ▲ +2.7% | ▼ -2.5% |
| Homes for sale | 112 | ▼ -8.2% | ▼ -16.4% |
| Sale-to-list | 94.5% | ▼ -1.6% | ▼ -2.0% |
| Homes sold | 65 | ▲ +10.2% | ▼ -39.3% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 33898 numbers say
Prices in Lake Wales's 33898 ZIP are still climbing. The median sale price reached $310,000, up 10.7% year over year. The market has loosened: a typical listing now takes around 77 days to go under contract, with sellers getting 94.5% of list price.
Based on 65 recent sales, 33898 is currently an active market.
What this means if you sell in 33898
Use these figures to set expectations early. Lead a listing appointment with the median price and the 77-day pace, show the year-over-year direction, and frame 33898 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Lake Wales post →Frequently asked: the 33898 housing market
- What is the median home price in ZIP 33898 (Lake Wales, FL)?
- As of May 2026, the median sale price in ZIP 33898 is $310,000 (+10.7% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 33898 a buyer's or seller's market right now?
- ZIP 33898 is currently an active market, based on a 94.5% sale-to-list ratio, about 77 days on market for May 2026.
- How long do homes take to sell in ZIP 33898?
- A typical listing in 33898 goes under contract in about 77 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 33898 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.