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Housing in Lake Park

22 homes sold in Lake Park in the last year, at a typical $201K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Lake Park homes are listed.

Homes sold
22
October 2025 to September 2026
Typical sale price
$201K
median, weighted by sales
Price per square foot
$132
Iowa $159
Paid vs. asking
97.4%
9% sold over asking
For sale now
12
September 2026 · 1 sold that month
What sold · last 12 months

Houses are 96% of Lake Park’s sales, at a typical $211K (year to May 2026)

22 homes sold in the year to September 2026.

Houses$211K

typical sale · 23 sold in the year to May 2026

Per square foot
$135IA $158
Days to sell
70
Sold over asking
13%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $494K

Too few sales in 12 months for reliable figures.

9 years of sales

Fewer homes sell than before 2022, at 1.3 times the 2017 price

22 sales in the last year, against 36 in 2021 and a low of 24 in 2017. The typical sale went from $158K in 2017 to $201K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2017: 24 sold, typical $158K’172018: 34 sold, typical $136K2019: 26 sold, typical $159K’192020: 29 sold, typical $142K2021: 36 sold, typical $128K’212022: 30 sold, typical $219K2023: 30 sold, typical $185K’232024: 27 sold, typical $290K2025: 24 sold, typical $269K’25Last 12 months: 22 sold, typical $201KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $200K buys in Lake Park

Houseat $135 a sq ft, year to May 2026
The same money in Iowaat $158 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lake Park homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Lake Park home costs about $1,218 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Park’s typical sale, last 12 months. Property tax at Lake Park’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Park is affordable on local pay is on Cost of living.

Before you buy in Lake Park

Five things worth knowing

1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $201K home, about $2,030 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Lake Park, from test results, graduation and how much students grow.

Schools in Lake Park
21 min

Typical commute

The average one-way trip to work for people who live in Lake Park.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Jackson sells for less a square foot; Okoboji, Spirit Lake, Arnolds Park and Milford for far more

The busier markets within 25 miles of Lake Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Spirit Lake110$370K$18814%58
Arnolds Park109$511K$3087%110
Worthington84$288K$15222%41
Okoboji66$461K$3455%86
Milford52$343K$18319%51
Jackson23$122K$7813%79
Lake Park22$201K$1329%85

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Park, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Park. People who follow the town see it, and so do people comparing Lake Park with their own town. No commission, no listing fee.

Questions about buying a home in Lake Park

What do homes sell for in Lake Park, IA?

22 homes sold in the year to September 2026 at a typical $201K, $132 a square foot.

Is Lake Park a buyer’s or seller’s market?

A buyer’s market: 12 homes were for sale in September 2026 and 1 sold, about 7.1 months of supply. Buyers paid 97.4% of asking on average.

How much are property taxes in Lake Park?

About 1% of a home’s value a year. On a $201K home that’s near $2,030.

Where can I see homes for sale in Lake Park?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Park’s MLS listings; the search links above open each one filtered to Lake Park.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).