Housing in Lake Park, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$310,000

Median List Price

N/A

Price Per Sq Ft

$61

Days on Market

122

Active Inventory

8

Months of Supply

8.0

Buyer's market

Zillow Home Value

$232,029

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 47.6%List Price 75.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 66.7%New Listings 200.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$61

Sale $/SF 57.0%List $/SF 14.8%Mar 24Jan 26

Lake Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lake Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$153,500

Median Rent

$1,013

Total Housing Units

598

Vacancy Rate

17.2%

Owner Occupied

88.1%

Renter Occupied

11.9%

Median Property Tax

$1,691

per year

Monthly Cost (w/ Mortgage)

$919

Housing Types

Single Family
93.1%
Multi-Family
4.8%
Mobile Home
2.0%

The current median sale price in Lake Park, IA is $310,000 according to Redfin data. Homes spend a median of 122 days on the market. 0.0% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $61. The median rent is $1,013 per month (Census ACS). About 88.1% of housing units are owner-occupied. The median year homes were built is 1965. There are 598 total housing units.