How did home prices perform in Lake Park during April 2021?

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The median sale price of a home sold in April 2021 in Lake Park rose by $92,500 while total sales increased by 70%, according to

In April 2021, there were 17 homes sold, with a median sale price of $275,000 - a 50.7% increase over the $182,500 median sale price for the same period of the previous year. There were 10 homes sold in Lake Park in April 2020.

The median sales tax in Lake Park for the most recent year with available data, 2018, was $2,373, approximately 0.9% of the median home sale price for April 2021.

The following table compares Lake Park to other Palm Beach County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Delray Beach20813356.4%$293,500$280,0004.8%
West Palm Beach35621466.4%$290,000$235,00023.4%
Boynton Beach (unincorporated)25721221.2%$280,000$272,7502.7%
Lake Park171070%$275,000$182,50050.7%
Riviera Beach975867.2%$265,000$201,50031.5%
Boca Del Mar CDP533935.9%$262,000$295,000-11.2%
Lake Worth Corridor CDP181163.6%$255,500$235,0008.7%
Sandalfoot Cove CDP463339.4%$253,250$225,00012.6%

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