The 10 Most Affordable Lake Towns in America, 2022 Edition
Abstract
"There has been a steady uptick in the number of people seeking out homes in lake towns over the past few years," says Glenn S. Phillips, CEO of Lake Homes Realty. "We see a trend across all our markets of buyers thinking, 'Life is short, buy the lake home!' Many of those seek out the more rural lake towns where homes may be relatively more affordable than at larger lakes or at lakes near cities," says Phillips. Spirit Lake, IA Median home list price: $301,000 Located just south of the Iowa-Minnesota border, Spirit Lake sits on the western shore of East Okoboji Lake, in the Iowa Great Lakes region. The region boasts seven lakes, with the three largest natural bodies of water located in the town proper: Big Spirit Lake, West Okoboji Lake, and East Okoboji Lake. Lake Placid, NY Median home list price: $279,000 Here is a lake town that visitors and residents can enjoy throughout all four seasons. Sandusky, OH Median home list price: $158,000 Located on the sandy shores of Lake Erie, Sandusky was named one of America's best coastal towns by U.S. Today, and topped the Realtor.com 2021 list of the Most Affordable Lake Towns. The community is home to several private bodies of water: Roamingwood Lake, Deerfield Lake, Brooks Lake, Windermere Lake, Hidden Lake, and Big Springs Pond.