Lake Park, Minnesota.
Typical home $411,378 (+4.2% in a year).
to buy the typical home at today's mortgage rate — +$1,230 (+132%) since Jan 2020.
- 1 year
- Up $16,453 +4%
- $394,925$411,378 since Sep 2025
- 5 years
- Up $97,652 +31%
- $313,726$411,378 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lake Park$2,159
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Lake Park, MN rose 4.2% over the past year — faster than the nation's +1.2%.
Living in Lake Park, Becker County, Minnesota
Lake Park is a city of 728 people in Becker County. 83% of its homes are lived in by their owners and 17% are rented. Unemployment in Becker County was 4.5% in August 2026, and the county had 1.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lake Park is a very small city in Becker County, Minnesota, where nearly everyone lives in a home they own. The population is young for a town its size, and relatively few residents live below the poverty line. Winters are long and cold, with heavy snow, and summers are pleasantly warm.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops, and restaurants, hotels and entertainment also employing many. The commute is a fairly long one, and very few people work from home. Across Becker County, some of the largest employers are Lakeshirts, St. Marys Regional Health Center and Detroit Lakes Public School District.
Things to do. Water is the main draw around Lake Park. Hamden Slough National Wildlife Refuge, a protected area, is a short drive away, as are lakes such as Sand Lake and Solum Lake. Pelican Lake is a longer drive away, and is the sort of lake people head to for a day by the water.
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- 231households
- 28%of adults have a degree
- 5%below the poverty line
- 28 mintypical commute
- 2%work from home
What residents work in
Employed residents by industry, from the Census survey. Becker County had 15,368 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 17° and lows near -4°; warmest in July, with highs near 79° and lows near 58°. About 48 inches of snow and 29 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Detroit Lakes Nne weather station, 13 miles away (NOAA).
Largest workplaces in Becker County
- LakeshirtsPrinting, screen709
- St. Marys Regional Health CenterGeneral hospital435FTE
- Detroit Lakes Public School DistSchool district434FTE
- BTD ManufacturingMetal manufacturing414
- WalmartWarehouse clubs and supercenters374
- Minnesota Department of TransportationTransportation departments, nonoperating292
- SJE-RhombusControllers for process variables manufacturing235
- District WideK-12 education229
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 60 workplaces with 20 or more staff, 6,104 people in all across the county; Lake Park has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Strong windRelatively high
- HailRelatively moderate
- TornadoesRelatively moderate
- Inland floodingRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lake Park’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Becker County.
Lake Park home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lake Park$411,378
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 6 Lake Park listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lake Park17
New listings per month
Sellers arriving at the market.
- Lake Park6
Zip codes with a Lake Park address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lake Park — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.