Kat Bonelli
Map of Downtown Lake Wales
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Neighborhood · Lake Wales, Florida

Downtown Lake Wales

Historic Central Florida living with room to breathe

5

Homes for sale

$309,000

Median list price

$156

Avg price / sqft

20

Median days on market

Search Downtown Lake Wales on the map

Downtown Lake Wales sits in the heart of Polk County's ridge country, a walkable core surrounded by lakes and citrus land where you can settle into a real community without paying Orlando prices. Communities like Lake Ashton, Saddlebag Lake, and Country Club Village give the area a range of lifestyles, from lakefront retreats to established golf neighborhoods, and Walt Disney World is only about 49 minutes up the road.

For buyers, this is a small, tight market — just five active listings right now, with a median list price of $309,000 spanning $84,900 to $500,000. Homes are moving at a median of 20 days, and over the last year 11 sales closed at a median of $250,000. If you want to see everything in real time, browse Lake Wales homes for sale or scan the live map.

Downtown Lake Wales is a community in Lake Wales, Florida.

Quick facts

$84,900$500K price range

1,924 sqft median home

$413/mo median HOA

$1,425/mo median rent

11 sold in 12 months

Drive times

Walt Disney World49 min
Universal Orlando59 min
Downtown Orlando65 min
Orlando Int’l Airport (MCO)70 min
Downtown Tampa71 min

On the market now

Homes for sale in Downtown Lake Wales

Every active listing inside the Downtown Lake Wales boundary

Open full map search →

Find your fit

Browse Downtown Lake Wales

By feature — on the live map

Where the market lives

1
1
2
1
<$200K$200K–$300K$300K–$400K$500K–$750K

The numbers that matter

The Downtown Lake Wales market

11

Sold, last 12 months

$250,000

Median sold price

93%

Sale-to-list ratio

What sellers actually get vs asking

44 days

Median time to sell

Downtown Lake Wales vs Lake Wales

Median list price

Downtown Lake Wales$309K
Lake Wales Co.$250K

Price per sqft

Downtown Lake Wales$156
Lake Wales Co.$198

Days on market

Downtown Lake Wales20d
Lake Wales Co.52d

Median sold price — 3-yr, 3-mo rolling

30.3% yr/yr

$188K$300K$413KAug ’23Jun ’26

Homes sold per month

023Aug ’23Jun ’26

Live Stellar MLS data — every listing and closed sale inside the Downtown Lake Wales boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Downtown Lake Wales is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Downtown Lake Wales home

$2,427/mo

Principal & interest $1,628
Property tax $176
HOA / fees $413
Insurance (est.) $210

$309,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$413/mo

Median HOA

From current listings inside the boundary

$1,425/mo

Median rent

Homes for rent inside the boundary

Population

604

Median age

33

Median income

$69,541

Median home value

$186,592

Beyond the listings

Living in Downtown Lake Wales

Entertainment

Top 11% in the U.S.

Lighthearted Fun

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

Entertainment

Top 12% in the U.S.

Late-night Leisure

Ready to turn up when the sun goes down, this population is looking for nighttime entertainment at home or out on the town.

Beliefs

Top 18% in the U.S.

Politically Engaged

Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.

Lifestyles

Top 20% in the U.S.

Student Life

There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.

Entertainment

Top 21% in the U.S.

Film Lovers

Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.

Hobbies & Interests

Top 22% in the U.S.

Engine Enthusiast

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Straight answers

Downtown Lake Wales FAQs

Is Downtown Lake Wales a good place to live?+

It's a good fit if you want a small, community-feel base in central Florida with lakes and history close by. You're about 49 minutes from Walt Disney World and 65 from downtown Orlando, so you get quiet living without cutting yourself off from the metro. Families can look at options like Gibbons Street Elementary School among the assigned schools.

Is Downtown Lake Wales expensive?+

No — it's one of the more affordable central Florida options, with a median list price of $309,000 and closings over the past year at a median of $250,000. Prices run a wide range too, from $84,900 up to $500,000, so there's room for different budgets.

What do homes cost in Downtown Lake Wales?+

The median list price is $309,000, working out to about $156 per square foot on a median home size near 1,924 square feet. Recent sales closed at a median of $250,000, and sellers are getting about 93% of asking on average.

How is the Downtown Lake Wales market right now?+

It's a small, brisk market — five active listings today with a median of 20 days on market, and 11 homes sold over the last 12 months. That short timeline means realistic pricing tends to draw offers quickly, so serious buyers should be ready to move.

What about HOA fees and property taxes?+

Median property tax runs about $2,112 a year, which is modest for Florida. Where an HOA applies, the median is around $413 a month, though that varies a lot by community — a place like Country Club Village will differ from acreage properties with no association at all.

Keep exploring

More Lake Wales neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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