Zip 33853 (Lake Wales, FL) Housing

Located in Lake Wales, FL, the housing median value is $209,900, which is significantly less than the US House Median Value of $338,100. Despite this difference in values, the one year appreciation rate for housing in this area is higher than the US at 19.81%, compared to 8.27%. Lake Wales offers a variety of housing options at an affordable price point and with a high appreciation rate that makes investing in property here very appealing.

The median home cost in Lake Wales (zip 33853) is $209,900. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Lake Wales (zip 33853) is up 25.4%.

Average Age of Homes

- The median age of Lake Wales (zip 33853) real estate is 45 years old

The Rental Market in Lake Wales (zip 33853)

- Renters make up 39.4% of the Lake Wales (zip 33853) population
- 1.1% of houses and apartments in Lake Wales (zip 33853), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Wales, Florida	United States
	5,277.0	139,647,020.0
	48	42
	$209,900	$338,100
	25.4%	16.6%
	95.2%	57.0%
	186.0%	101.1%
	$6.28	$10.98
	$1,050	$2,690
	44.8%	57.4%
	15.6%	11.2%
	39.6%	31.4%
Vacant Housing
	1.1%	1.9%
	0.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.3%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	2.2%	2.4%
	8.3%	2.8%
	4.9%	3.9%
	4.9%	4.5%
	18.7%	11.3%
	33.1%	13.0%
	21.5%	20.1%
	2.7%	13.6%
	0.3%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.5%	13.6%
	11.5%	13.6%
	9.2%	13.6%
	9.7%	13.2%
	18.7%	14.8%
	9.2%	13.6%
	16.3%	10.0%
	5.7%	4.7%
	7.5%	12.2%

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