ZIP Code 33853 — Lake Wales, FL Home Prices (2026)
The typical home in ZIP 33853 (Lake Wales, Florida) is worth about $222,000 at roughly $157 per square foot — 15% more affordable than the Lake Wales median and 24% more affordable than the typical U.S. home.
How 33853 compares
ZIP 33853 is one of the more affordable ZIP codes in Lake Wales: its typical home value of $222,000 ranks #5 of the 6 Lake Wales ZIP codes we track (the citywide range runs from $90,000 in 33854 to $303,000 in 33827). Per square foot it costs about $157, against $183 for Lake Wales as a whole, $229 for Florida, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 33853 | $222,000 | $157 |
| Lake Wales, FL | $261,500 | $183 |
| Florida | $349,000 | $229 |
| United States | $294,000 | $195 |
Home value by size in 33853
Using this ZIP’s rate of about $157 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $157,000 |
| 1,500 sq ft | $235,500 |
| 2,000 sq ft | $314,000 |
| 2,500 sq ft | $392,500 |
| 3,000 sq ft | $471,000 |
Salary needed to buy a home in ZIP 33853
To buy the typical $222,000 home in ZIP 33853 with 20% down, you need a household income of roughly $60,000 a year (about $1,410 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $72,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,100 | $1,750/mo | $75,000/yr |
| 10% (+PMI) | $22,200 | $1,670/mo | $72,000/yr |
| 20% | $44,400 | $1,410/mo | $60,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 33853
At about $157 per square foot, here is roughly how much home different budgets get you in ZIP 33853:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 960 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1270 sq ft | around the typical home here |
| $250k | 1590 sq ft | around the typical home here |
| $300k | 1910 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2550 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 33853 home.
Estimate a specific home in 33853
The estimator below is pre-set to ZIP 33853 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Lake Wales ZIP codes by home value
Where 33853 sits among Lake Wales’s 6 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 33827 | $303,000 | $186 |
| 2 | 33855 | $294,000 | $202 |
| 3 | 33859 | $272,000 | $180 |
| 4 | 33898 | $251,000 | $191 |
| 5 | 33853 (this page) | $222,000 | $157 |
| 6 | 33854 | $90,000 | $154 |
ZIP 33853 home prices: frequently asked
What is the average home price in ZIP code 33853? +
What is the price per square foot in 33853? +
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See the full Lake Wales home values page, all Florida cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.