What is the average home price in Okoboji, IA 51355?

As of May '26, the median home price in Okoboji, IA 51355 is $454,000, based on Zillow home estimates.

How have home prices in Okoboji, IA 51355 changed over the past year?

As of May '26, home prices have increased 0.6% over the past year, according to Zillow home estimates data.

What is the home price projection for Okoboji, IA 51355?

As of May '26, Zillow projects home prices in Okoboji, IA 51355 to increase 2.1% in the next year.

What are the demographics of Okoboji, IA 51355?

According to the latest Census, the demographics of Okoboji, IA 51355 are 93.4% White, 0.1% Black, 2.9% Asian, 2.5% Hispanic. The population is 892, with 15.5% under 18 years old.

How long does it take homes to sell in Okoboji, IA 51355?

According to Realtor.com, as of May '26, the median home in Okoboji, IA 51355 is on the market for 127 days. This is a decrease of 37.0% from last year.

What is the average rent price in Okoboji, IA 51355?

The average rent price in Okoboji, IA 51355, as of the latest data, is $3,700. The average rent for 1 bedroom homes is $4,500. For 2, 3, and 4 bedroom homes, the average rent is $3,400, N/A, and N/A respectively.

Okoboji, IA 51355 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Okoboji, IA—51355

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$454,000

0.6% YoY Growth

Household Income

$57,600

11.1% YoY Growth

Days on Market

127

37.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$3,500

285.4% YoY Growth

1-Bed Rent

$4,500

N/A

2-Bed Rent

$1,800

254.2% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Okoboji, IA

As of May '26, the median home price in Okoboji, IA is $454,000, with a year-over-year change of 0.6%. This indicates that home prices in Okoboji, IA are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$454,000	0.6%
Single Family	$951,000	5.4%
Condos	$272,000	0.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

1.3%

2 Bedrooms

96.0%

4 Bedrooms

2.0%

5+ Bedrooms

0.7%

Property Listings — Okoboji, IA

As of May '26, Realtor.com reports that the median days on market for a home in Okoboji, IA is 127. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$314,000	2.0%
Listing Count	58	11.0%
Listings as % of Homes	0.3%	11.0%
Days on Market	127	-37.0%

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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%

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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%

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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

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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

Okoboji, IA—51355

Key Metrics at a Glance

Home Price Trends — Okoboji, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Okoboji, IA

% of Rental Stock

Property Listings — Okoboji, IA

Demographics — Okoboji, IA

Race and Ethnicity

Mortgage and Risk — Okoboji, IA

Mortgages

Rentals and Section 8 — Okoboji, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Okoboji, IA

Home Price to Income Ratio

Okoboji, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Arnolds Park, IA

Spirit Lake, IA

West Okoboji, IA

Lake Park, IA

Superior

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.4
Median Home Price	$454,000
Median Household Income	$57,600