Active Listings
8
⇩ 11.1% vs 9 last year
Population: 1,621 · Density: 7.7/mi² · Median household income: $79,150
Typical home value: $154,824 · Homeownership: 91.4%
Data as of January 2026. Source: Realtor.com.
The LAKE PARK, IA real estate market (51347) currently shows 8 active listings, with 2 pending sales. Homes are averaging 101 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 101 days on market compared to 102 days last year.
The median listing price has fallen 16.7% year-over-year, from $334,950 to $278,850.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51347 | Lake Park, IA 51347 | 0.0 mi | 8 | $2,783,200 | $278,850 | $347,900 |
| 56167 | Round Lake, MN 56167 | 9.8 mi | 1 | $115,000 | $115,000 | $115,000 |
| 51331 | Arnolds Park, IA 51331 | 10.1 mi | 39 | $25,943,229 | $559,900 | $665,211 |
| 51354 | Ocheyedan, IA 51354 | 11.6 mi | 2 | $260,000 | $130,000 | $130,000 |
| 51338 | Everly, IA 51338 | 15.1 mi | 3 | $318,750 | $106,250 | $106,250 |
| 51350 | Melvin, IA 51350 | 16.5 mi | 1 | $139,500 | $139,500 | $139,500 |
| 56187 | Worthington, MN 56187 | 19.3 mi | 33 | $10,979,463 | $314,950 | $332,711 |
| 56117 | Bigelow, MN 56117 | 19.9 mi | 1 | $145,000 | $145,000 | $145,000 |
| 56143 | Jackson, MN 56143 | 20.7 mi | 21 | $5,270,664 | $199,900 | $250,984 |
| 56119 | Brewster, MN 56119 | 21.2 mi | 2 | $391,500 | $195,750 | $195,750 |
| 51357 | Royal, IA 51357 | 25.1 mi | 1 | $74,000 | $74,000 | $74,000 |
| 56111 | Alpha, MN 56111 | 26.3 mi | 2 | $494,000 | $247,000 | $247,000 |
| 56168 | Rushmore, MN 56168 | 27.8 mi | 2 | $356,000 | $178,000 | $178,000 |
As of January 2026, there are 8 active listings in LAKE PARK, IA (zip code 51347), compared to 9 the prior year.
The median listing price in LAKE PARK, IA 51347 is $278,850 as of January 2026, a 16.7% decrease from $334,950 the prior year.
Homes in LAKE PARK, IA 51347 spend an average of 101 days on the market before going under contract, compared to 102 days the prior year.
Based on current inventory and days-on-market data as of January 2026, LAKE PARK, IA 51347 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 101 days on market compared to 102 days last year.
With SELL123.com's maximum 3% commission, sellers in LAKE PARK, IA 51347 save an estimated $5,577 compared to a typical 5% commission on the median listing price of $278,850. 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.