Data as of March 2026. Source: Realtor.com.
The LAKE PARK, IA real estate market (51347) currently shows 8 active listings, with 2 pending sales. Homes are averaging 145 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 145 days on market compared to 100 days last year.
The median listing price has fallen 14% year-over-year, from $370,000 to $318,275.
Whether you are buying or selling in LAKE PARK, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 1,621 · Density: 7.7/mi² · Median household income: $79,150
Typical home value: $154,824 · Homeownership: 91.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51347 | Lake Park, IA 51347 | 0.0 mi | 8 | $3,020,000 | $347,700 | $377,500 |
| 51355 | Okoboji, IA 51355 | 9.0 mi | 71 | $39,760,781 | $269,000 | $560,011 |
| 51351 | Milford, IA 51351 | 9.9 mi | 20 | $26,812,520 | $732,250 | $1,340,626 |
| 51360 | Spirit Lake, IA 51360 | 11.5 mi | 53 | $59,028,008 | $526,000 | $1,113,736 |
| 51338 | Everly, IA 51338 | 15.1 mi | 3 | $345,000 | $115,000 | $115,000 |
| 51346 | Hartley, IA 51346 | 18.1 mi | 7 | $1,147,160 | $160,000 | $163,880 |
| 56161 | Okabena, MN 56161 | 19.4 mi | 2 | $365,000 | $182,500 | $182,500 |
| 56117 | Bigelow, MN 56117 | 19.9 mi | 2 | $514,000 | $257,000 | $257,000 |
| 56143 | Jackson, MN 56143 | 20.7 mi | 28 | $6,951,980 | $188,750 | $248,285 |
| 56119 | Brewster, MN 56119 | 21.2 mi | 3 | $601,626 | $197,375 | $200,542 |
| 51334 | Estherville, IA 51334 | 25.5 mi | 21 | $5,488,476 | $233,750 | $261,356 |
| 51232 | Ashton, IA 51232 | 26.7 mi | 1 | $159,000 | $159,000 | $159,000 |
| 51245 | Primghar, IA 51245 | 28.1 mi | 4 | $564,000 | $134,500 | $141,000 |
As of March 2026, there are 8 active listings in LAKE PARK, IA (zip code 51347), compared to 7 the prior year.
The median listing price in LAKE PARK, IA 51347 is $318,275 as of March 2026, a 14% decrease from $370,000 the prior year.
Homes in LAKE PARK, IA 51347 spend an average of 145 days on the market before going under contract, compared to 100 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LAKE PARK, IA 51347 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 145 days on market compared to 100 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE PARK, IA 51347 save an estimated $6,366 compared to a typical 5% commission on the median listing price of $318,275. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.