House Prices

House Prices & Home Values Lake Park, MN 2026


Average Data

average house price$214,051
average size per house1705 ft²
average price per ft²126 $ / ft²

05/21/2026 - The value range (VR) for house prices in Lake Park, MN is $139/ sqft to $139/ sqft. An average home with 1705 sqft costs approximately $236,995 to $236,995. Lake Park, MN includes 1 ZIP codes and it is located in Becker county. The lowest prices are found in ZIP 56554, while the highest are in ZIP 56554. The average price per sqare feet is $126. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Lake Park

56554132 $ / ft²




Historical development of home values in Lake Park

Year Estimated value (USD) Change vs. 2025
2010 $99,409 -53.6%
2011 $95,565 -55.4%
2012 $95,308 -55.5%
2013 $98,870 -53.8%
2014 $103,786 -51.5%
2015 $109,113 -49.0%
2016 $114,807 -46.4%
2017 $121,004 -43.5%
2018 $127,694 -40.3%
2019 $133,615 -37.6%
2020 $140,522 -34.4%
2021 $159,828 -25.3%
2022 $186,324 -13.0%
2023 $196,487 -8.2%
2024 $207,854 -2.9%
2025 $214,051 0.0%

Graph: estimated home values in Lake Park over time (USD)



Example: 100% financing house in Lake Park

Loan amount: $214,051

Interest rate: 6.00%

Fixed monthly payment: $1,283.34

Breakdown in the 1st month:
Interest portion: $1,070.26  –  Principal portion: $213.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,771.56 $2,628.57 $211,422.43
2 $12,609.43 $2,790.70 $208,631.73
3 $12,437.31 $2,962.82 $205,668.91
4 $12,254.57 $3,145.56 $202,523.35
5 $12,060.56 $3,339.57 $199,183.78
6 $11,854.58 $3,545.55 $195,638.23
7 $11,635.90 $3,764.23 $191,874.00
8 $11,403.73 $3,996.40 $187,877.60
9 $11,157.24 $4,242.89 $183,634.71
10 $10,895.55 $4,504.58 $179,130.13
11 $10,617.71 $4,782.41 $174,347.72
12 $10,322.74 $5,077.38 $169,270.33
13 $10,009.58 $5,390.54 $163,879.79
14 $9,677.10 $5,723.02 $158,156.77
15 $9,324.12 $6,076.01 $152,080.76
16 $8,949.37 $6,450.76 $145,630.00
17 $8,551.50 $6,848.63 $138,781.37
18 $8,129.09 $7,271.04 $131,510.34
19 $7,680.63 $7,719.50 $123,790.84
20 $7,204.51 $8,195.62 $115,595.22
21 $6,699.02 $8,701.11 $106,894.11
22 $6,162.35 $9,237.77 $97,656.33
23 $5,592.59 $9,807.54 $87,848.79
24 $4,987.68 $10,412.45 $77,436.35
25 $4,345.46 $11,054.66 $66,381.68
26 $3,663.64 $11,736.49 $54,645.19
27 $2,939.75 $12,460.37 $42,184.82
28 $2,171.23 $13,228.90 $28,955.92
29 $1,355.30 $14,044.83 $14,911.09
30 $489.04 $14,911.09 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Park, MN


1500 sqft3900 sqft
Ø selling price$228,691$486,487
Ø fast selling$207,901$437,838
Ø high price sale$249,481$535,135

In 2026, houses in Lake Park, MN will be offered at an average price of $126 per square foot. A 1,500 sqft home priced at $228,691 is 21.74% more expensive per square foot than a 3,900 sqft home priced at $486,487. Home prices in Lake Park, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $336,798. Sellers who can wait longer may achieve a higher price of up to $411,643.


Discover Lake Park, MN

Located along U.S. Highway 10 in Becker County, Lake Park, MN blends small-town charm with easy access to the lakes country of western Minnesota.
This friendly community sits between Detroit Lakes and Moorhead, making it a convenient base for work, school, and weekend adventures.
Visitors and residents enjoy year-round outdoor recreation, from fishing and paddling in nearby lakes to snowmobiling and Nordic skiing in winter.
Just minutes away, Maplewood State Park and Tamarac National Wildlife Refuge offer scenic trails, wildlife, and blazing fall colors.

Things to Do and Local Lifestyle

Things to do in Lake Park, MN include community festivals, youth sports, and Friday night gatherings at local diners and coffee shops.
The compact downtown features small businesses, essential services, and access to fresh produce at seasonal farmers markets.
Families appreciate strong schools in the Lake Park?Audubon district, safe neighborhoods, and an active parks program.

Travel, Housing, and Community

With Highway 10 and regional connections, commuting to Detroit Lakes, Dilworth, or Fargo?Moorhead is straightforward for work or entertainment.
Lake Park Minnesota real estate ranges from classic in-town homes to lake cabins and hobby farms, offering value and room to grow.
Whether you are planning a weekend visit or a permanent move, Lake Park, MN delivers scenic lakes, welcoming people, and a relaxed pace of life.



FAQ – Home Values in Lake Park

What is the median home value in Lake Park in 2026?

In 2026, the typical home value in Lake Park is about $214,051 for an average home size of 1705 square feet. This corresponds to an average price of roughly $126 per square foot.

What is the average cost per square foot in Lake Park?

In 2026, homes in Lake Park sell for an average of around $126 per square foot, with a typical range between $139 and $139 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake Park is about 1705 square feet, with an estimated 2026 value around $214,051.



Locations close to Lake Park, MN

Mcintosh, MN84 $ / ft²
Mahnomen, MN66 $ / ft²
Moorhead, MN102 $ / ft²
Kent, MN274 $ / ft²
Hitterdal, MN98 $ / ft²
Henning, MN64 $ / ft²
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