What is the median home value in Lake Park, FL?

The median value of owner-occupied homes in Lake Park, FL is $394,400 (±$39,898), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Park, the median home value went from $201,400 in 2015–2019 to $394,400 in 2020–2024 (+95.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$394,400 (±$39,898)
Owner-occupied homes
1,391 (±422)
Most common range
$300,000 to $499,999

Home values in Lake Park

Owner-occupied homes by value, 2020–2024
ValueLake ParkPalm Beach CountyFloridaUnited States
Less than $50,0000.8% (±1.3 points)3.6%4.9%5.3%
$50,000 to $99,9990.0% (±3.7 points)3.2%4.3%6.1%
$100,000 to $149,9992.8% (±4.6 points)3.7%4.6%6.8%
$150,000 to $199,9990.0% (±3.7 points)4.7%6.8%9.0%
$200,000 to $299,99918.1% (±9.1 points)12.3%17.9%17.8%
$300,000 to $499,99951.0% (±12.9 points)30.5%34.5%26.9%
$500,000 to $999,99921.7% (±10.8 points)30.1%21.1%20.9%
$1,000,000 or more5.5% (±6.1 points)11.9%5.9%7.1%

The most common range is $300,000 to $499,999, 51.0% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Park against Palm Beach County, its state and the nation

Estimate (90% margin of error)
Lake ParkPalm Beach CountyFloridaUnited States
Median home value$394,400 (±$39,898)$447,300 (±$4,180)$359,000 (±$930)$332,700
Owner-occupied homes1,391 (±422)424,264 (±3,713)5,918,647 (±31,594)84,210,142

In Lake Park, the median home value is lower than in Palm Beach County ($447,300).

It is not measurably different from Florida ($359,000).

It is higher than the national figure ($332,700).

In Palm Beach County, Lake Park ranks 32 of 52 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 295 of 838.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lake Park have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$201,400 (±$25,296)$394,400 (±$39,898)+95.8%Up after inflation
Median owner cost with a mortgage$1,570 (±$162)$2,014 (±$464)+28.3%No measurable change after inflation
Median real estate taxes$1,996 (±$272)$3,312 (±$427)+65.9%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lake Park

Nearest places with a published estimate, compared with Lake Park
PlaceDistanceMedian home valueCompared with this place
Lake Park—$394,400 (±$39,898)—
Riviera Beach1.4 mi$354,500 (±$13,966)Not measurably different
North Palm Beach1.5 mi$513,000 (±$60,197)Higher
Palm Beach Shores2.6 mi$647,400 (±$68,012)Higher
Mangonia Park2.9 mi$338,100 (±$34,542)Lower
Cabana Colony4.0 mi$436,600 (±$62,071)Not measurably different
Juno Beach5.2 mi$803,400 (±$127,116)Higher
West Palm Beach5.3 mi$414,200 (±$13,945)Not measurably different
Palm Beach Gardens7.0 mi$606,100 (±$35,804)Higher

Nearby places with a measurably lower figure: Mangonia Park, FL ($338,100).

Nearby places with a measurably higher figure: North Palm Beach, FL ($513,000), Palm Beach Shores, FL ($647,400), Juno Beach, FL ($803,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Palm Beach County, place by place

RankPlaceMedian home value
26Gun Club Estates$423,800 (±$51,860)
27Delray Beach$420,300 (±$24,855)
28South Palm Beach$415,900 (±$35,743)
29West Palm Beach$414,200 (±$13,945)
30Lake Worth Beach$401,200 (±$27,677)
31Lantana$396,200 (±$38,329)
32Lake Park$394,400 (±$39,898)
33Lake Belvedere Estates$382,300 (±$40,750)
34Limestone Creek$364,600 (±$24,562)
35Riviera Beach$354,500 (±$13,966)
36Boynton Beach$351,100 (±$12,352)
37Mangonia Park$338,100 (±$34,542)
38Pine Air$331,800 (±$49,180)

Showing 13 of 52 places in Palm Beach County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Park

What is the average home value in Lake Park, FL?

The Census Bureau publishes the median: $394,400 (±$39,898) for owner-occupied homes in Lake Park (2020–2024 American Community Survey).

Have home values in Lake Park gone up?

In Lake Park, the median home value went from $201,400 in 2015–2019 to $394,400 in 2020–2024 (+95.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lake Park sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Park town, Florida (place:38600, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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