The median home in Lake Park, Iowa is valued at $232,029, up 0.6% year over year. Lake Park is part of the Spirit Lake, IA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Spirit Lake, IA stress score, crash risk, and 12-month forecast →

Home Value$232,029

+0.6%

AFFORDABILITY

Enter your income for Lake Park.

Income (annual)

Down Payment

$46,406 on $232,029

Affordable — 26% of income

Under the 28% guideline.

PITI$1,627

P/I26%

Afford$250K

Room+$18K

P&I $1,173Tax $304Ins $150

6.50% 30yr, 20% down, county tax + IA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Iowa

Compare Lake Park with other housing markets across Iowa.

West Okoboji$794K Orleans$629K Wahpeton$550K Shueyville$525K Cumming$508K Panora$474K Honey Creek$441K Ackworth$437K

Full Spirit Lake, IA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Spirit Lake, IA metro.

View Spirit Lake, IA metro →

LAKE PARK, IA