Lake Wales, FL - Magnolia Park, Lake Wales, FL
Lake Wales, FL - Magnolia Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lake Wales, FL - Magnolia Park, Lake Wales, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Lake Wales, FL - Magnolia Park Neighborhood Overview
Magnolia Park is a residential neighborhood in the heart of Lake Wales, Florida, offering a quiet, community-focused lifestyle. Centrally located, it provides residents with convenient access to the city's historic downtown and natural attractions. The area is characterized by a mix of single-family homes and a strong sense of local pride.
Lifestyle & Amenities
Residents enjoy proximity to Lake Wales' charming downtown district, known for its shops, cafes, and the historic Lake Wales Arts Center. The neighborhood is also a short drive from the renowned Bok Tower Gardens, a National Historic Landmark. Daily conveniences, including grocery stores and healthcare facilities, are readily accessible nearby.
Real Estate Market
The Magnolia Park real estate market is active and affordable, with a median home value of $177,200. Homes sell relatively quickly, averaging just 17 days on the market, indicating strong demand. The neighborhood has a homeownership rate of 55%, reflecting a balanced mix of owners and renters.
Schools & Education
The neighborhood is served by the Polk County Public Schools district, which manages several educational institutions in the Lake Wales area. Families have access to a range of public school options for different grade levels. For specific school assignments and performance data, prospective residents should consult the district's latest boundary maps.
Transportation & Connectivity
Magnolia Park is well-connected by major roads like US Highway 27 and State Road 60, facilitating easy commutes throughout Central Florida. The neighborhood is primarily car-dependent, with most errands requiring a vehicle. Its central location within Lake Wales makes trips to local parks, services, and downtown very convenient.
Why Choose Lake Wales, FL - Magnolia Park
Magnolia Park offers an attractive combination of affordability, location, and a relaxed pace of life. With a median rent of $949 and home values below the national average, it provides a cost-effective entry into the Florida housing market. The neighborhood's central position makes it an ideal base for those seeking a quiet community with easy access to Lake Wales' unique amenities and natural beauty.
Lake Wales, FL - Magnolia Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $177K |
| Median Gross Rent | $949/mo |
| Median Household Income | $42K |
| Homeownership Rate | 54.5% |
| Renter-Occupied | 45.5% |
| Rental Vacancy Rate | 3.8% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 33853 |
Top Real Estate Agents in Lake Wales, FL - Magnolia Park, Lake Wales
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lake Wales, FL - Magnolia Park, Lake Wales, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12