Okoboji, IA—51355
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Okoboji, IA
As of Oct '25, the median home price in Okoboji, IA is $459,000, with a year-over-year change of -0.3%. This indicates that home prices in Okoboji, IA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $459,000 | -0.3% |
| Single Family | $948,000 | -1.1% |
| Condos | $267,000 | -0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $304,000 | 1.0% |
2 Bed | $312,000 | -0.3% |
3 Bed | $820,000 | 1.7% |
4 Bed | $1,499,000 | -0.7% |
| 5 Bed | $2,447,000 | -2.1% |
% of Housing Stock
Rental Trends — Okoboji, IA
As of July '25, Rentcast reports the average rent in Okoboji, IA is $3,700, with a year-over-year rent change of 285.4%. Per bedroom, the median rent as of July '25 in Okoboji, IA is 1-bedrooms: $4,500, 2-bedrooms: $3,400. The most common rental property sizes in Okoboji, IA are 2-bedroom and 4-bedroom, accounting for 96.0% and 2.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $4,500 | $4,500 |
| 2 Bed Rent | $1,800 | $3,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Okoboji, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Okoboji, IA is 126. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $269,000 | -9.0% |
Listing Count | 85 | 89.0% |
| Listings as % of Homes | 0.3% | 89.0% |
Days on Market | 126 | 24.0% |
Demographics — Okoboji, IA
As of the latest ACS Survey released in 2023, Okoboji, IA has a population of 892, which has decreased by -2.2% over the past 5 years. Okoboji, IA is a moderately popular place for families, as children make up 15.5% of the population. The area has a moderately educated workforce, with 37.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 892 | -2.2% |
% Under 18 | 15.5% | 76.1% |
% Seniors | 40.6% | 8.3% |
% WFH | 17.2% | 109.8% |
% w/ College Degree | 37.7% | -30.8% |
As of the latest ACS Survey released in 2023, Okoboji, IA is a predominantly white area, with 93.4% of the population identifying as white. The white population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Okoboji, IA is asian, making up 2.9% of the population. Foreign-born residents account for 6.1% of the population in Okoboji, IA, and this percentage has decreased by 41.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.4% | 3.3% |
% Black | 0.1% | ∞% |
% Hispanic | 2.5% | 1,150.0% |
% Asian | 2.9% | -69.1% |
% Foreign Born | 6.1% | -41.9% |
Mortgage and Risk — Okoboji, IA
Okoboji, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Okoboji, IA
Okoboji, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$3,680 | $4,500 | $820 |
| 2 Bedroom | -$720 | $1,800 | $1,080 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Okoboji, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.5 |
| Median Home Price | $459,000 |
| Median Household Income | $57,600 |