Housing Market Okoboji

In July 2023, the housing market in Okoboji was up 153.3% year-over-year in June 2023, according to Redfin. Median listing values were $735K, and the cost-per-sq ft was up 145.6% to $366. Niche.com reported that the population was less than 1K, demand was highest with young professionals and retirees, and nearly 30% of Okoboji residents were renters.

Okoboji is a somewhat competitive market for homes, which, by June 2023, increased in value y-o-y by 153.3% to $7.5k, or $366 per sq ft. .2% of home sales were under the list price, and listings spent an average of 33 days on the market. In July 2023, Realtor.com reported eight listings of homes for sale. This includes 5 single-family homes, two condos, and one lot of land. Prices ranged from $129K to $5M.

At $129K, a .4 acre lot in Brooks National Golf Course had a monthly HOA of $21. At $5M, a 5-bed/5.5+-bath single-family home built in 1984 on a .45 acre lot provided 105 ft of waterfront on Haywards Bay with a community dock. The 6736 sq ft interior is brick and wood with luxury amenities like a boathouse and a sun deck over the water. Call to learn more details about this housing market.

More market data: https://www.redfin.com/city/15200/IA/Okoboji/housing-market#schools

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