ZIP Code 33859 — Lake Wales, FL Home Prices (2026)
The typical home in ZIP 33859 (Lake Wales, Florida) is worth about $272,000 at roughly $180 per square foot — 4% more expensive than the Lake Wales median and 7% more affordable than the typical U.S. home.
How 33859 compares
ZIP 33859 is a mid-priced ZIP code for Lake Wales: its typical home value of $272,000 ranks #3 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 $180, against $183 for Lake Wales as a whole, $229 for Florida, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 33859 | $272,000 | $180 |
| Lake Wales, FL | $261,500 | $183 |
| Florida | $349,000 | $229 |
| United States | $294,000 | $195 |
Home value by size in 33859
Using this ZIP’s rate of about $180 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 | $180,000 |
| 1,500 sq ft | $270,000 |
| 2,000 sq ft | $360,000 |
| 2,500 sq ft | $450,000 |
| 3,000 sq ft | $540,000 |
Salary needed to buy a home in ZIP 33859
To buy the typical $272,000 home in ZIP 33859 with 20% down, you need a household income of roughly $74,000 a year (about $1,730 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $88,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $13,600 | $2,150/mo | $92,000/yr |
| 10% (+PMI) | $27,200 | $2,050/mo | $88,000/yr |
| 20% | $54,400 | $1,730/mo | $74,000/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 33859
At about $180 per square foot, here is roughly how much home different budgets get you in ZIP 33859:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 830 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1110 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1390 sq ft | around the typical home here |
| $300k | 1670 sq ft | around the typical home here |
| $400k | 2220 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 33859 home.
Estimate a specific home in 33859
The estimator below is pre-set to ZIP 33859 — 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 33859 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 (this page) | $272,000 | $180 |
| 4 | 33898 | $251,000 | $191 |
| 5 | 33853 | $222,000 | $157 |
| 6 | 33854 | $90,000 | $154 |
ZIP 33859 home prices: frequently asked
What is the average home price in ZIP code 33859? +
What is the price per square foot in 33859? +
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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.