Lake Park, FL housing market
The typical Lake Park home is worth about $417,000, up 4.4% in a year, 11% above the Florida typical home. Homes typically sell in 88 days, below asking.
Home values, sales, trends and how Lake Park compares with the towns next door — updated as new data is published.
Lake Park at a glance
A buyer's market
More homes are for sale than are selling — about 9 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Lake Park | Florida |
|---|---|---|
| 2017 | $206,000 | $209,000 |
| 2018 | $226,000 | $226,000 |
| 2019 | $243,000 | $242,000 |
| 2020 | $260,000 | $253,000 |
| 2021 | $287,000 | $276,000 |
| 2022 | $348,000 | $340,000 |
| 2023 | $399,000 | $392,000 |
| 2024 | $414,000 | $402,000 |
| 2025 | $416,000 | $397,000 |
| 2026 | $402,000 | $377,000 |
| August 2026 | $417,000 | $376,000 |
4 new homes permitted in 2025
Builders were permitted 4 new homes in Lake Park in 2025, all single-family houses, worth about $1.2 million to build. That's 0.4 per 1,000 residents, slower than across Florida (8.3). Over the past 10 years, Lake Park has permitted 9 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Lake Park gained 892 residents while 2 new homes were permitted: about 446 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Florida: 2.8 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $575,000 |
| 2025 | 4 | 4 | 0 | $1.2 million |
| 2024 | 4 | 4 | 0 | $1.2 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $177,000 |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $63,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $160,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $80,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 6 | 3 | 3 | $458,000 |
| 2002 | 140 | 1 | 139 | $5.1 million |
| 2001 | 1 | 1 | 0 | $68,000 |
| 2000 | 1 | 1 | 0 | $65,000 |
Lake Park's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Lake Park ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Lake Park and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Lake Park | $417K | +4.4% | $1,820 | 4 | $70,954 |
| Palm Beach Gardens | $696K | +3.2% | $2,720 | 404 | $106,947 |
| Riviera Beach | $411K | +0.7% | $1,950 | 175 | $68,060 |
| North Palm Beach | $630K | +2.4% | $2,300 | 14 | $90,049 |
5.9 years of income
The typical Lake Park home costs about 5.9 years of the town's median household income, more than across Florida (5 years).
How Lake Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,820
HUD's Fair Market Rent for a two-bedroom in Lake Park is $1,820 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lake Park pay a median of $1,600, so moving in tends to cost more than staying put. A two-bedroom takes about 31% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,440 · 4 bedrooms $2,750
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33403; West Palm Beach-Boca Raton, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.