How much does it cost to buy a house in Lake Park, MN?

In May 2026 Lake Park homes were listed to buy for a median price of $515K, which is same as April 2025 last month, and same as May 2025 last year. The median value of a home listed to buy in Lake Park in May 2026 was $217 per sqft, which is a 6% decrease to April 2025 last month, and a 6% decrease to May 2025 last year.

Is it affordable or expensive to live in Lake Park, MN?

It is expensive to live in Lake Park. Buying a home in Lake Park is 1% more expensive compared with the national average.

Is it a good time to buy property in Lake Park, MN?

Yes now is a good time to buy property in Lake Park, in May 2026, homes in Lake Park have decreased in value (price per sqft) by 6% in the last year compared with May 2025.

Is the Lake Park, MN housing market slowing down?

In May 2026, homes to buy in Lake Park spent an median 333 days on the market, a same May 2025 last year.

How much money should I make to buy a house in Lake Park, MN?

In May 2026, Lake Park homes were listed to buy for a median price of $515K, with 25% down you would need $2.95K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $101K.

Is it a good time to sell my house in Lake Park, MN?

Yes now is a good time to sell your house in Lake Park, in May 2026, homes in Lake Park have decreased in value (price per sqft) by 6% in the last year compared with May 2025.