Zip 51347 (Lake Park, IA) Housing

The housing market in 51347 Lake Park, IA is robust and growing. The median value of housing in the area is $198,900, which is significantly lower than the US median home value of $338,100. In the last year, the area has seen an impressive house appreciation rate of 11.61%, while the national average was 8.27%. This suggests that there is a strong demand for housing in this area and indicates that now may be a good time to invest in property.

The median home cost in Lake Park (zip 51347) is $198,900. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Lake Park (zip 51347) is up 15.1%.

Average Age of Homes

- The median age of Lake Park (zip 51347) real estate is 54 years old

The Rental Market in Lake Park (zip 51347)

- Renters make up 14.6% of the Lake Park (zip 51347) population
- 0.0% of houses and apartments in Lake Park (zip 51347), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lake Park, Iowa	United States
	809.0	139,647,020.0
	56	42
	$198,900	$338,100
	15.1%	16.6%
	42.9%	57.0%
	63.9%	101.1%
	$10.12	$10.98
	$1,479	$2,690
	69.6%	57.4%
	19.3%	11.2%
	11.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	10.3%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	0.0%	2.4%
	6.8%	2.8%
	5.2%	3.9%
	14.6%	4.5%
	22.2%	11.3%
	17.9%	13.0%
	19.7%	20.1%
	5.2%	13.6%
	2.7%	8.3%
	2.1%	9.7%
	0.4%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.4%	13.6%
	12.4%	13.6%
	7.8%	13.6%
	5.3%	13.2%
	11.4%	14.8%
	7.8%	13.6%
	5.8%	10.0%
	8.2%	4.7%
	28.1%	12.2%

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