The Lake Park housing market is very competitive. The median sale price of a home in Lake Park was $402K last month, down 30.0% since last year. The median sale price per square foot in Lake Park is $366, up 47.6% since last year.
What is the housing market like in Lake Park today?
In December 2024, Lake Park home prices were down 30.0% compared to last year, selling for a median price of $402K. On average, homes in Lake Park sell after 9 days on the market compared to 15 days last year. There were 5 homes sold in December this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$402,400
-30.0% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Lake Park, MA
$402,400
-30.0%
United States
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How hot is the Lake Park housing market?
Lake Park is very competitive. Homes sell in 19 days.
0
100
83
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 19 days.
Hot homes
can sell for about 5% above list price and go pending in around 10 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Park.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Park has a minor risk of flooding. 78 properties in Lake Park are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Lake Park. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lake Park has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Park is most at risk from hurricanes. 726 properties in Lake Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 93 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 102 mph.