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Foreclosure Homes in Lake Park, FL

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Lake Park, FL Foreclosures

How much do homes sell for in Lake Park, FL?
The average home price is currently $393,909.
In Lake Park, FL, how many homes are available?
There are currently 22 active home listings available in Lake Park.
What’s the average rental cost in Lake Park, FL?
The average rental price in Lake Park is $1,437.
What is the most expensive home in Lake Park?
The most expensive home sold in Lake Park had a price of $25,738,120.
What is currently the cheapest priced home in Lake Park, FL?
The cheapest home for sale in Lake Park is priced at $57,000.

Living in Lake Park, FL

Lake Park, FL, is a quaint town filled with charm and diversity. It's located along Florida's beautiful coastline, offering modern amenities while maintaining a picturesque residential feel. With its vibrant parks, waterfront activities, and access to major urban centers, Lake Park is perfect for those seeking a relaxed yet connected lifestyle.

Current Market Conditions in Lake Park, FL

The real estate market in Lake Park remains competitive, with a steady demand for homes driven by both local buyers and those looking to relocate to Florida. In recent months, there has been an uptick in new developments, catering to young professionals and families seeking to enjoy the area's amenities and lifestyle.

Many homes are currently selling above the asking price, particularly those located near the waterfront or within close proximity to parks. The trend towards remote work has also increased interest in suburban areas like Lake Park, contributing to a vibrant real estate landscape.

Home Value Estimator For Lake Park, FL

There are currently 708 real estate properties in Lake Park, FL, with a median automated valuation model (AVM) price of $294,984.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Park, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Park, FL, is $393,909.00, with the most expensive house in Lake Park, FL, topping out at $25,738,120.00 and the cheapest home in Lake Park, FL, clocking in at $57,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Park, FL!

Rent Prices In Lake Park, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Park, FL, is on a rollercoaster ride. The average rent price in Lake Park, FL, is $1,437.00. Indeed, when looking to rent in Lake Park, FL, you can expect to pay as little as $850.00 or as much as $4,540.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Lake Park, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Park, FL Foreclosures

Market Trend for Lake Park, FL

Total Listings Available: 22

Market Values:

Home Prices from $57,000 to $25,738,120

Average Sales Price: $393,909

Rental Values:

Rental from $850 to $4,540

Average Rent Value: $1,437 / month

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