Zip 33859 (Lake Wales, FL) Housing

The housing market in 33859 Lake Wales, FL is flourishing. The median value of housing in the area is $269,900, significantly lower than the US house median value of $338,100. Despite this difference, housing in the area has appreciated significantly over the past year; 19.81% compared to 8.27% for the US as a whole. This makes 33859 Lake Wales an attractive location for buyers looking to get more house for their money while still enjoying significant appreciation potential.

The median home cost in Lake Wales (zip 33859) is $269,900. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Lake Wales (zip 33859) is up 25.4%.

Average Age of Homes

- The median age of Lake Wales (zip 33859) real estate is 22 years old

The Rental Market in Lake Wales (zip 33859)

- Renters make up 22.7% of the Lake Wales (zip 33859) population
- 0.5% of houses and apartments in Lake Wales (zip 33859), 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
	5,589.0	139,647,020.0
	22	42
	$269,900	$338,100
	25.4%	16.6%
	95.2%	57.0%
	186.0%	101.1%
	$9.82	$10.98
	$1,640	$2,690
	57.6%	57.4%
	23.7%	11.2%
	18.7%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.6%	0.4%
	17.9%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	8.0%	2.6%
	5.3%	2.4%
	6.4%	2.8%
	10.2%	3.9%
	5.8%	4.5%
	7.2%	11.3%
	18.5%	13.0%
	27.5%	20.1%
	7.0%	13.6%
	2.6%	8.3%
	0.2%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	39.4%	13.6%
	39.4%	13.6%
	13.7%	13.6%
	16.7%	13.2%
	10.4%	14.8%
	13.7%	13.6%
	4.2%	10.0%
	1.2%	4.7%
	1.6%	12.2%

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