A condo on Lake of the Ozarks: for many people, it's the dream. Condos offer a more accessible price to having a place on the most popular recreational Lake in the nation. Plus: you're not in charge of mowing the lawn!
In February 2024, there were nearly 250 condos on the market at the Lake, and they range widely in price and location. That's quite an improvement from three years ago. In March 2021, amid the Lake's big boom, there were only 30 (yes, thirty) condos on the market... and some of those hadn't even been built yet.
It was a wild time for condos. Inventory was depleted, and — thanks to the Lake's sudden national fame from the Covid shutdown era and the Netflix series Ozark — demand was spiking. But not enough condo projects were coming online. In 2020, for the first time ever, the average condo price at Lake of the Ozarks crested $200,000 (measured over the year).
So with eight-times as many condos on the market as there were in 2021, what's the average condo selling for?
Hint: the upward trend continues.
Get the answer in this quick breakdown video by Lakefront Living Realty's Jesse Faulstich, below:
After 30+ years of living on the lake, we have a deep understanding of all 1150 miles of shoreline and the hundreds of exclusive neighborhoods that would fit your distinctive lifestyle.
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