SIALIMStatistical Intelligence for America's Local Investment Markets

33853 — Lake Wales, FL Home Values

Typical home value $220,306 as of August 2026 · 31st of 35 in Lakeland-Winter Haven, FL

Typical value — August 2026
$220,306
observed, not a forecast
Past 12 months
-2.4%
trailing year-over-year change
Past 5 years
+24.9%
August 2021 to August 2026
Rank in metro
31st
of 35 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 33853, August 2021 to August 2026. This page shows observed data only; no forecast.

How 33853 compares in the Lakeland-Winter Haven, FL area

ZIP code 33853 (Lake Wales, FL) has a typical home value of $220,306 as of August 2026, ranking 31st of 35 ZIP codes tracked in the Lakeland-Winter Haven, FL area, more expensive than about 14% of ZIP codes in the metro. Prices here have moved -2.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +24.9%, from $176,325 in August 2021 to $220,306 in August 2026. Against observed rent, the typical home here sells for 11.1× the annual rent ($1,647/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lakeland-Winter Haven, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lakeland.

Population and demographics

ZIP code 33853 has a population of 12,385, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 45% White, 31.4% Hispanic or Latino, 20.5% Black or African American, 2.2% two or more races, 0.4% American Indian or Alaska Native, 0.3% another race, 0.1% Asian, and 0.1% Native Hawaiian or Pacific Islander.

Nearby public schools

SchoolAddressDistance
POLK AVENUE ELEMENTARY SCHOOL110 POLK AVE E, LAKE WALES, FL0.4 mi
EDWARD W BOK ACADEMY NORTH401 N 4TH STREET, LAKE WALES, FL0.4 mi
SPOOK HILL ELEMENTARY SCHOOL321 DR JA WILTSHIRE AVE E, LAKE WALES, FL0.7 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 33853?

$220,306 as of August 2026, the latest month Zillow has published observed data for.

Is 33853 an expensive ZIP code in the Lakeland-Winter Haven, FL area?

33853 ranks 31st of 35 ZIP codes in the Lakeland-Winter Haven, FL area by typical home value, more expensive than about 14% of ZIP codes in the metro.

How much have home values in 33853 changed over the past year?

-2.4% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 33853?

The typical home price is 11.1× the observed annual rent in this ZIP code ($1,647/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 33853?

12,385, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 33853?

POLK AVENUE ELEMENTARY SCHOOL (0.4 mi), EDWARD W BOK ACADEMY NORTH (0.4 mi), SPOOK HILL ELEMENTARY SCHOOL (0.7 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 33853?

No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lakeland-Winter Haven, FL forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.