Why Live in Okoboji
Okoboji is a lakeside neighborhood known for its expansive shoreline and residential focus. Cradled between East and West Okoboji Lakes, the area offers easy access to the water through private docks, public beaches, and multipurpose marinas. The main thoroughfare cuts through the city, making surrounding communities and attractions a quick drive away. Homes along the water are often generational lake houses, with architecture ranging from sleek contemporary styles to wood cabin homes. Inland homes include split-level, ranch-style, and new traditional designs. The neighborhood features several parks, such as Pikes Point State Park, Clare Wilson State Park, and Kenue Park, which preserve natural features and offer recreational activities like swimming, boating, and fishing. Speier Park and East Lake Park provide playgrounds and sports facilities, while Brooks Golf's public course offers golfing and dining options. The area has low flooding risk due to high banks carved by glaciers. Okoboji Community School District serves most students, with highly rated schools like Okoboji Elementary School and Okoboji Middle School. The commercial corridor along Highway 71 includes Fareway Meat and Grocery, boat dealers, and restaurants like Outrigger Restaurant & Lounge and Okoboji Store. Entertainment options include Cinemagic Great Lakes 7, Pearson Lakes Art Center, and Okoboji Summer Theatre. The neighborhood is a few miles from additional attractions in Spirit Lake and Arnolds Park. Residents primarily drive along Highway 71, with the municipal airport serving private planes and Sioux Falls Regional Airport located 99 miles away. Lakes Regional Healthcare is less than 4 miles away.
Home Trends in Okoboji, IA
On average, homes in Okoboji, IA sell after 103 days on the market compared to the national average of 50 days. The median sale price for homes in Okoboji, IA over the last 12 months is $368,500, down 49% from the median home sale price over the previous 12 months.
Median Sale Price
$368,500
Median Single Family Sale Price
$1,682,500
Median Townhouse Sale Price
$895,000
Median 2 Bedroom Sale Price
$329,000
Median 1 Bedroom Sale Price
$243,000
Average Price Per Sq Ft
$481
Number of Homes for Sale
23
Last 12 months Home Sales
30
Median List Price
$749,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-49%