Spirit Lake Massacre Log Cabin · Photo: C.h.carroll at English Wikipedia · Public domain66 homes sold in Okoboji in the last year, at a typical $461K
Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Okoboji homes are listed.
Every place Okoboji homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Okoboji.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Two thirds of Okoboji’s sales are condos, at $1.4M less than a house
17 houses and 36 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 17 sold in the year to May 2026
- Per square foot
- $738IA $158
- Days to sell
- 116
- Sold over asking
- 12%
- Listings with a price cut
- 26%
typical sale · 36 sold in the year to May 2026
- Per square foot
- $312IA $165
- Days to sell
- 136
- Sold over asking
- 0%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 1 sold, typical $450K
Townhouses: 1 sold, typical $295K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at about the 2018 price
66 sales in the last year, against 46 in 2025 and a low of 25 in 2022. The typical sale went from $444K in 2018 to $461K.
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 $450K buys in Okoboji
Check a listing against what Okoboji 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.
Bidding wars in Okoboji are back to pre-pandemic levels, and more homes are for sale
We read every month of Okoboji’s home sales since 2018 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 66 sales.
If you’re buying in Okoboji
- Shop in June. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Offer under asking. Buyers paid 94.4% of the list price on average; 5% paid over.
- You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 86 days.
Summer brings the homes; winter brings the bidding wars
June has the most new listings (about 11 a month), but January is the most competitive: 25% of January sales close over asking. December has the least competition (0%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Iowa
| Okoboji now | 2017–19 | 2021 peak | IA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 5% | 6% | 25% | 20% |
| Gone within two weeksShare of homes under contract within 14 days | 26% | 5% | 7% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 94.4% | 95.5% | 98.7% | 97.5% |
| Days to sellMedian days from listing to contract | 86 | 99 | 51 | 46 |
26 homes for sale on a typical day
That’s 5.8 times the 2022 low (5), 148% more than in 2017–19 and well under 2025’s 49.
Since 2019, houses are up 192%, condos 87%
A house typically sold for $1.7M in the year to May 2026 (17 sales), a condo for $300K (36).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Okoboji ranks 90th of 91 busy Iowa markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Okoboji is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2018 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Okoboji home costs about $2,834 a month
Price: Okoboji’s typical sale, last 12 months. Property tax at Okoboji’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Okoboji is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $461K home, about $5,140 a year.
Taxes vs. neighborsCheck 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 hazardsLook 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.
Arnolds Park, Spirit Lake, Milford, Lake Park, Estherville and Spencer sell for less a square foot
The busier markets within 25 miles of Okoboji, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Spencer | 167 | $170K | $120 | 14% | 70 |
| Spirit Lake | 110 | $370K | $188 | 14% | 58 |
| Arnolds Park | 109 | $511K | $308 | 7% | 110 |
| Estherville | 78 | $137K | $93 | 22% | 46 |
| Okoboji | 66 | $461K | $345 | 5% | 86 |
| Milford | 52 | $343K | $183 | 19% | 51 |
| Lake Park | 22 | $201K | $132 | 9% | 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.
Post your home to Okoboji, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Okoboji. People who follow the town see it, and so do people comparing Okoboji with their own town. No commission, no listing fee.
Questions about buying a home in Okoboji
What do homes sell for in Okoboji, IA?
66 homes sold in the year to September 2026 at a typical $461K, $345 a square foot. Houses sold for about $1.7M, condos for about $300K in the year to May 2026.
Is Okoboji a buyer’s or seller’s market?
A seller’s market: 18 homes were for sale in September 2026 and 5 sold, about 3.2 months of supply. Buyers paid 94.4% of asking on average.
When is the best time to buy in Okoboji?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Okoboji?
About 1.1% of a home’s value a year. On a $461K home that’s near $5,140.
Where can I see homes for sale in Okoboji?
Zillow, Redfin, Realtor.com and Homes.com all carry Okoboji’s MLS listings; the search links above open each one filtered to Okoboji.
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).