Median home value in zip code 33898 (Lake Wales, FL) is $248,848, down 3.5% year over year. Part of the Lakeland-Winter Haven, FL metropolitan area.

Home Value$248,848

YoY Change

-3.5%

Prices falling — better for buyers.

Affordability

Enter your income for 33898 (Lake Wales).

Income (annual)

Down Payment

$49,770 on $248,848

Example: $75,000 household income. Change it above to see your own.

Stretch28.6% of income

Above 28% but manageable with cuts.

PITI$1,787

P/I28.6%

Afford$244K

Gap-$5K

P&I $1,258Tax $178Ins $350

6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

33898 is part of the Lakeland-Winter Haven, FL metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Lakeland-Winter Haven, FL analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.