Lake Park, GA housing market
The typical Lake Park home is worth about $275,000, up 3.5% in a year, 17% below the Georgia typical home. Homes typically sell in 22 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 strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Lake Park | Georgia |
|---|---|---|
| 2017 | $159,000 | $172,000 |
| 2018 | $160,000 | $186,000 |
| 2019 | $165,000 | $202,000 |
| 2020 | $174,000 | $215,000 |
| 2021 | $190,000 | $240,000 |
| 2022 | $225,000 | $292,000 |
| 2023 | $245,000 | $323,000 |
| 2024 | $255,000 | $334,000 |
| 2025 | $264,000 | $339,000 |
| 2026 | $269,000 | $332,000 |
| August 2026 | $275,000 | $331,000 |
No new homes permitted in 2024
No permits for new homes were issued in Lake Park in 2024. The last year with any was 2023 (38 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Lake Park gained 199 residents while 349 new homes were permitted: about 0.6 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Georgia: 2.6 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 |
|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | — |
| 2023 | 38 | 13 | 25 | $5.7 million |
| 2022 | 43 | 43 | 0 | $10.9 million |
| 2021 | 130 | 0 | 130 | $12.8 million |
| 2020 | 103 | 0 | 103 | $10.1 million |
| 2019 | 92 | 0 | 92 | $9 million |
| 2018 | 83 | 0 | 83 | $8.2 million |
| 2017 | 91 | 0 | 91 | $8.9 million |
| 2016 | 80 | 0 | 80 | $7.9 million |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $125,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 2 | 2 | 0 | $210,000 |
| 2009 | 3 | 3 | 0 | $357,000 |
| 2008 | 8 | 8 | 0 | $1.1 million |
| 2007 | 7 | 7 | 0 | $850,000 |
| 2006 | 6 | 6 | 0 | $880,000 |
| 2005 | 15 | 15 | 0 | $1.9 million |
| 2004 | 5 | 5 | 0 | $466,000 |
| 2003 | 11 | 11 | 0 | $1 million |
| 2002 | 3 | 3 | 0 | $600,000 |
| 2001 | 4 | 4 | 0 | $327,000 |
| 2000 | 2 | 2 | 0 | $135,000 |
Lake Park's permit office didn't report to the Census in 2024, so the 2024 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
5.3 years of income
The typical Lake Park home costs about 5.3 years of the town's median household income, more than across Georgia (4.3 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,100
HUD's Fair Market Rent for a two-bedroom in Lake Park is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lake Park pay a median of $797, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $840 · 4 bedrooms $1,770
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (31636; Valdosta, GA MSA), 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.
Recent listings in Lake Park
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.