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Featured local agent — Lake Park, FL
Sarah Mitchell
Compass Real Estate · Lake Park, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Park, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$455,000median sale price
How is the Lake Park, FL housing market right now?
The median home sale price in Lake Park, FL is $455,000, down 6.7% year-over-year. Homes sell in an average of 88 days with 78 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Park a buyer's or seller's market?
Lake Park, FL is currently a buyer's market, based on 8.7 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
88
Average pace
Active listings
78
8.7 months supply
Sale-to-list
91.9%
Below asking
What does the Lake Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $455,000 |
| Median list price | $489,500 |
| Year-over-year price change | -6.7% |
| Average days on market | 88 days |
| Active inventory | 78 listings |
| Months of supply | 8.7 months |
| Sale-to-list price ratio | 91.9% |
| Median price per sq ft | $289/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 16 |
| Listings with a price cut | 20.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Park by property type?
How the Lake Park, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $494,000 | $300/sq ft | 6 | 88 days |
| Condo / Co-op | $162,500 | $150/sq ft | 2 | 214 days |
Source: Redfin · Updated monthly
The Lake Park housing market is currently classified as a buyer's market with a median sale price of $455,000. Prices have fallen 6.7% compared to last year, with homes spending an average of 88 days on market, indicating 8.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lake Park
There are currently 78 homes listed for sale in Lake Park, Florida. The median listing price is $490K.
Active listings
78
Homes on market
Median list price
$490K
Avg. days on market
88
Days until sale
New this week
16
Newly listed
Who lives in Lake Park?
Population
9,005
Median income
$69,274/yr
Median age
35.5 years
Owner-occupied
49.5%
College grads
31.9%
Avg commute
21.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Park?
Zillow home value
$408,748
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Lake Park?
Lake Park is a community of approximately 9K residents with a median age of 35.5 years.The median household income is $69,274, which represents a working-class community with solid middle-income opportunities. 31.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.5%, showing a blend of owner and renter-occupied properties. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Park?
1 schools tracked · 406 students
The largest public schools serving Lake Park, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LAKE PARK ELEMENTARY SCHOOL
Grades PK-5 · 406 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake Park, FL?
Want a head-to-head view? Compare Lake Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Park?
The median home sale price in Lake Park is $455,000, down 6.7% from last year.
How long do homes stay on market in Lake Park?
Homes typically spend 88 days on market before going under contract.
What is the median income in Lake Park?
The median household income is $69,274 per year.
Is Lake Park a buyer's or seller's market?
With 8.7 months of supply, Lake Park is currently a buyer's market.
What is the Zillow home value estimate for Lake Park?
The Zillow Home Value Index (ZHVI) for Lake Park is $408,748, representing the typical home value in the area.
What is the median condo price in Lake Park?
The median condo/co-op sale price in Lake Park, FL is $162,500, compared to $494,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Park?
The median single-family home price in Lake Park, FL is $494,000 (about $300 per square foot).
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