Is Lake Park, GA 31636 a buyer’s or seller’s market?
Lake Park is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 5% of U.S. ZIP codes, and #349 of 371 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lake Park housing market right now
In the three months ending August 31, 2026, 4% of homes in Lake Park, GA 31636 sold above their list price, the typical home went under contract in 69 days and there were 5.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (42 days then) and the median sale price rose 7% to $319,812. Overall, Lake Park is less competitive than a year ago, which gives buyers more room.
On our competition score, Lake Park ranks #349 of 371 GA ZIP codes with enough sales (score 11 out of 100).
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Questions about Lake Park real estate
Is Lake Park a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Lake Park, GA 31636 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lake Park?
The typical home went under contract in 69 days in the latest three months.
Do homes in Lake Park sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Lake Park?
About 0.91% of a home’s value a year in Echols County, or roughly $3,640 on a $400,000 home.
What is the median home price in Lake Park?
The median sale price was $319,812 in the three months ending August 31, 2026, about $159 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology