33898
Lake Wales, Florida.
Lake Wales, Polk County, FL · Lakeland-Winter Haven, FL metro · population 18,527
to buy the typical home at today's mortgage rate — +$719 (+124%) since Jan 2020.
- 1 year
- Down $4,024 -2%
- $251,759$247,734 since Sep 2025
- 5 years
- Up $43,648 +21%
- $204,086$247,734 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 33898$1,300
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 33898 fell 1.6% over the past year — slower than the nation's +1.2%.
This zip spans 2 counties: Polk County, FL 87% · Osceola County, FL 13%
Zillow also publishes an index for the city itself: Lake Wales, FL — measured over the city limits, which is a different area from this zip.
Asking rent — 33898
Against the Lakeland-Winter Haven, FL metro and the national benchmark.
- 33898$1,565
- Lakeland$1,814
- United States$1,932
Typical home value — 33898
Mid-tier homes, smoothed and seasonally adjusted.
- 33898$247,734
- Lakeland$295,502
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 3.4 | 33855 | Indian Lake Estates | 15 | — | $291,981 |
| 3.9 | 33854 | Lakeshore | 781 | — | $88,117 |
| 10.3 | 33827 | Babson Park | 2,431 | — | $302,194 |
| 12.4 | 33843 | Frostproof | 11,220 | $1,416 | $194,319 |
| 15.0 | 33853 | Lake Wales | 12,674 | $1,512 | $219,472 |
| 15.8 | 33825 | Avon Park | 25,501 | $1,493 | $204,754 |
| 15.8 | 34739 | Kenansville | 1,176 | — | $401,115 |
| 17.5 | 33859 | Lake Wales | 11,824 | $1,722 | $270,837 |
| 18.2 | 34759 | Kissimmee | 44,568 | $1,907 | $276,266 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.