33898 — Lake Wales, FL Home Values
Typical home value $250,794 as of July 2026 · 27th of 35 in Lakeland-Winter Haven, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 33898, July 2021 to July 2026. This page shows observed data only; no forecast.
How 33898 compares in the Lakeland-Winter Haven, FL area
ZIP code 33898 (Lake Wales, FL) has a typical home value of $250,794 as of July 2026, ranking 27th of 35 ZIP codes tracked in the Lakeland-Winter Haven, FL area, more expensive than about 26% of ZIP codes in the metro. Prices here have moved -2.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.6%, from $199,732 in July 2021 to $250,794 in July 2026. Against observed rent, the typical home here sells for 11.2× the annual rent ($1,862/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 33898 has a population of 18,426, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73.1% White, 16.6% Hispanic or Latino, 6.7% Black or African American, 3.2% two or more races, 0.2% Asian, 0.1% American Indian or Alaska Native, and 0.1% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| DALE R FAIR BABSON PARK ELEMENTARY | 815 SCENIC HWY N, BABSON PARK, FL | 13.2 mi |
| HILLCREST ELEMENTARY SCHOOL | 1051 STATE ROAD 60 E, LAKE WALES, FL | 15.3 mi |
| FROSTPROOF BEN HILL GRIFFIN JR ELEMENTARY SCHOOL | 501 MCLEOD RD, FROSTPROOF, FL | 15.5 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 33898?
$250,794 as of July 2026, the latest month Zillow has published observed data for.
Is 33898 an expensive ZIP code in the Lakeland-Winter Haven, FL area?
33898 ranks 27th of 35 ZIP codes in the Lakeland-Winter Haven, FL area by typical home value, more expensive than about 26% of ZIP codes in the metro.
How much have home values in 33898 changed over the past year?
-2.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 33898?
The typical home price is 11.2× the observed annual rent in this ZIP code ($1,862/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 33898?
18,426, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 33898?
DALE R FAIR BABSON PARK ELEMENTARY (13.2 mi), HILLCREST ELEMENTARY SCHOOL (15.3 mi), FROSTPROOF BEN HILL GRIFFIN JR ELEMENTARY SCHOOL (15.5 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 33898?
No. Every number on this page is observed Zillow data as of July 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.