Home prices
The cost of the median home in Lake Park is $197,400. Compared to its surrounding areas this is about $20,580 (9%) lower.Compared to the entire country it is approximately $20,100 (9%) lower, and it is roughly $22,900 (10%) lower in comparison to the city of Charlotte.
Rents
The median rent in Lake Park is $1,656 a month. Compared to its nearby areas it is roughly $452 (37%) higher.In comparison to the entire country it is roughly $594 (55%) higher, and it is roughly $521 (45%) higher in comparison to the city of Charlotte.
Nearby places
Indian Trail
Indian Trail is Lake Park's neighbor to the southwest. Its housing prices are somewhat more expensive. The median home value in Indian Trail is $216,100, which comes out to $18,700 (8%) higher than Lake Park. Rent there is somewhat less expensive. In Indian Trail the median monthly rent is $1,411, which works out to $245 (17%) lower than Lake Park.
Hemby Bridge
Hemby Bridge is Lake Park's neighbor to the north. The real estate prices there are a lot less expensive. The median home in Hemby Bridge costs $144,200, which is $53,200 (36%) lower than Lake Park. Rents there are a lot less expensive. Hemby Bridge's median rent is $1,016 a month, which works out to $640 (62%) lower than Lake Park.
Stallings
Stallings is roughly 2 miles northwest from Lake Park. Housing prices there are a little more expensive. The median home in Stallings costs $250,300, which is $52,900 (21%) higher than Lake Park. The rent there is a bit less expensive. In Stallings the median rent is $1,464 a month, which comes out to $192 (13%) lower than Lake Park.
Matthews
Matthews is approximately 4 miles northwest from Lake Park. The housing prices there are a bit more expensive. Matthews's median home price is $265,300, which works out to $67,900 (25%) higher than Lake Park. Rent there is a bit less expensive. In Matthews the median monthly rent is $1,279, which is $377 (29%) lower than Lake Park.
Unionville
Unionville is roughly 5 miles east of Lake Park. Its housing prices are a little more expensive. The median home in Unionville is valued at $214,000, which is $16,600 (7%) higher than Lake Park. The rent there is significantly less expensive. The median rent in Unionville is $849 per month, which comes out to $807 (95%) lower than Lake Park.