Market Overview
Home Prices in Lake Park, GA
The median home value in Lake Park, GA is $278,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Park are priced32% below average. Lake Park is part of the Valdosta, GA metro area.
Over the past five years, Lake Park home values have risen by approximately36.0%, reflecting strong long-term appreciation in this market.
Price History
Lake Park Home Price Trend
City Comparison
Lake Park vs. National Median
At $278,017, homes in Lake Park cost 32% below the national median of $410,000. This makes Lake Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Park?
20% Down Payment
$55,603
on $278,017
Monthly P&I
$1,450/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,842/mo
incl. taxes & insurance
Income Needed
$73,680
gross annual (30% rule)
10% Down Option
$27,802
+ PMI applies
Loan Amount (20% dn)
$222,414
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Park, GA?
The median home value in Lake Park is $278,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Lake Park?
Over the past year, home values in Lake Park have increased by 3.5%. Over five years, prices have risen approximately 36.0%.
How much do I need to earn to buy a home in Lake Park?
To comfortably afford the median home price of $278,017 with a 20% down payment ($55,603) at today's rates (6.8%), you'd need a gross annual income of approximately $73,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Park compare to the national average home price?
The national median home value is approximately $410,000. At $278,017, homes in Lake Park are 32% below the national average.
What metro area is Lake Park part of?
Lake Park is part of the Valdosta, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.