Arnolds Park, IA housing market
The typical Arnolds Park home is worth about $460,000, up 1.7% in a year, 92% above the Iowa typical home. Homes typically sell in 113 days, below asking.
Home values, sales, trends and how Arnolds Park compares with the towns next door — updated as new data is published.
Arnolds Park at a glance
A seller's market
Supply is tight — about 3.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Arnolds Park | Iowa |
|---|---|---|
| 2017 | $254,000 | $147,000 |
| 2018 | $262,000 | $152,000 |
| 2019 | $275,000 | $159,000 |
| 2020 | $295,000 | $167,000 |
| 2021 | $323,000 | $179,000 |
| 2022 | $367,000 | $195,000 |
| 2023 | $400,000 | $211,000 |
| 2024 | $431,000 | $218,000 |
| 2025 | $451,000 | $228,000 |
| 2026 | $455,000 | $236,000 |
| August 2026 | $460,000 | $240,000 |
9 new homes permitted in 2025
Builders were permitted 9 new homes in Arnolds Park in 2025, all single-family houses, worth about $5.9 million to build. Over the past 10 years, Arnolds Park has permitted 530 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Arnolds Park's population fell by 16 even though 428 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 66% of Arnolds Park's homes are seasonal or vacation homes, which adds housing without adding residents. Across Iowa: 1.3 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 | $1.2 million |
| 2025 | 9 | 9 | 0 | $5.9 million |
| 2024 | 10 | 10 | 0 | $6.1 million |
| 2023 | 79 | 52 | 27 | $33.8 million |
| 2022 | 117 | 115 | 2 | $29.4 million |
| 2021 | 28 | 11 | 17 | $10.2 million |
| 2020 | 67 | 13 | 54 | $18.8 million |
| 2019 | 49 | 49 | 0 | $7.8 million |
| 2018 | 39 | 15 | 24 | $8.8 million |
| 2017 | 46 | 6 | 40 | $10.9 million |
| 2016 | 86 | 50 | 36 | $19.1 million |
| 2015 | 45 | 36 | 9 | $7.7 million |
| 2014 | 32 | 32 | 0 | $6.6 million |
| 2013 | 45 | 17 | 28 | $9.4 million |
| 2012 | 29 | 29 | 0 | $4.9 million |
| 2011 | 29 | 29 | 0 | $3.7 million |
| 2010 | 28 | 28 | 0 | $3.1 million |
| 2009 | 54 | 26 | 28 | $8.5 million |
| 2008 | 29 | 29 | 0 | $3.6 million |
| 2007 | 43 | 25 | 18 | $4.5 million |
| 2006 | 45 | 11 | 34 | $7.5 million |
| 2005 | 61 | 25 | 36 | $7.1 million |
| 2004 | 57 | 36 | 21 | $9.2 million |
| 2003 | 14 | 14 | 0 | $2.5 million |
| 2002 | 25 | 9 | 16 | $2.7 million |
| 2001 | 14 | 14 | 0 | $2.3 million |
| 2000 | 13 | 9 | 4 | $2.7 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Arnolds Park and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Arnolds Park | $460K | +1.7% | $1,060 | 9 | $86,833 |
| Milford | $295K | +0.8% | $1,040 | 4 | $63,369 |
| West Okoboji | $815K | +9.8% | $1,040 | 9 | $66,250 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,060
HUD's Fair Market Rent for a two-bedroom in Arnolds Park is $1,060 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Arnolds Park pay a median of $485, so moving in tends to cost more than staying put.
Studio $800 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (51331, 51351; Dickinson County, IA), 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.