Is Lake Park, IA 51347 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Lake Park is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.2%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$157▲ +0.0% vs. last year

Nearby markets

Arnolds Park 51331Seller’s market $344 /sq ftMilford 51351Balanced $184 /sq ftOkoboji 51355Seller’s market $340 /sq ftSpirit Lake 51360Buyer’s market $253 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology