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Featured local agent — Lake Lotawana, MO
Sarah Mitchell
Compass Real Estate · Lake Lotawana, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Lotawana, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$381,561median sale price
How is the Lake Lotawana, MO housing market right now?
The median home sale price in Lake Lotawana, MO is $381,561, down 24.6% year-over-year. Homes sell in an average of 90 days. The market is currently a balanced 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 Lotawana a buyer's or seller's market?
Lake Lotawana, MO is currently a balanced market, based on 2.3 months of supply and homes selling in about 90 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
90
Average pace
Active listings
—
2.3 months supply
Sale-to-list
—
Below asking
What does the Lake Lotawana housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $381,561 |
| Median list price | $615,000 |
| Year-over-year price change | -24.6% |
| Average days on market | 90 days |
| Months of supply | 2.3 months |
| Median price per sq ft | $225/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 15 |
| Listings with a price cut | 24.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Lotawana by property type?
How the Lake Lotawana, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $438,500 | $232/sq ft | 14 | 143 days |
| Townhouse | $276,521 | $217/sq ft | 4 | 90 days |
Source: Redfin · Updated monthly
The Lake Lotawana housing market is currently classified as a balanced market with a median sale price of $381,561. Prices have fallen 24.6% compared to last year, with homes spending an average of 90 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Lotawana
Explore homes currently listed for sale in Lake Lotawana, Missouri across major real estate platforms.
Who lives in Lake Lotawana?
Population
2,378
Median income
$162,188/yr
Median age
46.8 years
Owner-occupied
91.1%
College grads
61.4%
Avg commute
28.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Lotawana?
Zillow home value
$618,858
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Lake Lotawana?
Lake Lotawana is a community of approximately 2K residents with a median age of 46.8 years.The median household income is $162,188, which reflects a relatively affluent area with strong earning potential. 61.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 91.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Lotawana offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Lotawana, MO?
Want a head-to-head view? Compare Lake Lotawana 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 Lotawana?
The median home sale price in Lake Lotawana is $381,561, down 24.6% from last year.
How long do homes stay on market in Lake Lotawana?
Homes typically spend 90 days on market before going under contract.
What is the median income in Lake Lotawana?
The median household income is $162,188 per year.
Is Lake Lotawana a buyer's or seller's market?
With 2.3 months of supply, Lake Lotawana is currently a balanced market.
What is the Zillow home value estimate for Lake Lotawana?
The Zillow Home Value Index (ZHVI) for Lake Lotawana is $618,858, representing the typical home value in the area.
How much does a single-family home cost in Lake Lotawana?
The median single-family home price in Lake Lotawana, MO is $438,500 (about $232 per square foot).
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