Lake Forest, CA Housing Market
The Lake Forest housing market is very competitive. Homes in Lake Forest receive 7 offers on average and sell in around 29 days. The median sale price of a home in Lake Forest was $1.4M last month, up 51.4% since last year. The median sale price per square foot in Lake Forest is $674, up 13.9% since last year.
Lake Forest Housing Market Trends
In April 2024, Lake Forest home prices were up 51.4% compared to last year, selling for a median price of $1.4M. On average, homes in Lake Forest sell after 29 days on the market compared to 30 days last year. There were 69 homes sold in April this year, down from 77 last year.
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How hot is the Lake Forest housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 29 days.
- Hot homescan sell for about 6% above list price and go pending in around 15 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 23 days.
- Hot homescan sell for about 6% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 26 days.
- Hot homescan sell for about 5% above list price and go pending in around 13 days.
Lake Forest Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Lake Forest from outside metros.
- San Francisco homebuyers searched to move into Lake Forest more than any other metro followed by New York and Seattle.
- 79% of Lake Forest homebuyers searched to stay within the Lake Forest metropolitan area.
- San Diego was the most popular destination among Lake Forest homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,710 | ||
2 | 1,664 | ||
3 | 544 | ||
4 | 476 | ||
5 | 10 | ||
6 | 8 | ||
7 | 7 | ||
8 | 6 | ||
9 | 5 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 12,011 | ||
2 | 6,396 | ||
3 | 4,013 | ||
4 | 3,719 | ||
5 | 2,588 | ||
6 | 1,943 | ||
7 | 1,932 | ||
8 | 1,480 | ||
9 | 1,439 | ||
10 | 1,371 |
Home offer insights for Lake Forest
Recent offers
- Offer Not Accepted|3 Weeks Ago~$800K OfferSold for $850K3 bd | 2 ba | ~1,250 sqftOver List Price0%Days on Market28Competing Offers2Down Payment<10%
- Offer Not Accepted|4 Weeks Ago~$1M OfferSold for $1.25M7 bd | 3 ba | ~3,500 sqftOver List Price7%Days on Market5Competing Offers23OfferAll Cash
- Offer Not Accepted|5 Weeks Ago~$2M OfferSold for $2M4 bd | 4.5 ba | ~3,500 sqftOver List Price8%Days on Market5Competing Offers5Down Payment~40%
View houses in Lake Forest that sold recently
Recently sold homes
- $2,820,000 Last Sold Price6 beds5.5 baths3,953 sq ft32 Caspian, Lake Forest, CA 92630Universal Elite Inc.List Price$2,599,800Sale to List8% over listDays on Market49 days32 Caspian, Lake Forest, CA 92630
- $1,350,000 Last Sold Price4 beds2.5 baths2,851 sq ft22345 Blueberry Ln, Lake Forest, CA 92630List Price$1,299,000Sale to List4% over listDays on Market37 days22345 Blueberry Ln, Lake Forest, CA 92630
- $1,240,000 Last Sold Price4 beds3 baths2,050 sq ft21071 Paseo Tranquilo, Lake Forest, CA 92630Orange County Realty CoList Price$1,099,000Sale to List13% over listDays on Market16 days21071 Paseo Tranquilo, Lake Forest, CA 92630
- $610,000 Last Sold Price2 beds2 baths1,060 sq ft19431 Rue De Valore Unit 18E, Lake Forest, CA 92610eXp Realty of California, Inc.List Price$599,000Sale to List2% over listDays on Market70 days19431 Rue De Valore Unit 18E, Lake Forest, CA 92610
- $990,000 Last Sold Price3 beds2 baths1,301 sq ft23395 Red Robin Way, Lake Forest, CA 92630List Price$967,890Sale to List2% over listDays on Market44 days23395 Red Robin Way, Lake Forest, CA 92630
- $2,460,000 Last Sold Price5 beds5 baths3,112 sq ft191 bear Leaf, Lake Forest, CA 92630List Price$2,480,000Sale to List1% under listDays on Market15 days191 bear Leaf, Lake Forest, CA 92630
- $810,000 Last Sold Price3 beds2.5 baths1,371 sq ft56 Anacapa Ct #130, Lake Forest, CA 92610List Price$749,999Sale to List8% over listDays on Market28 days56 Anacapa Ct #130, Lake Forest, CA 92610
- $943,000 Last Sold Price3 beds2 baths1,210 sq ft19012 Singingwood Cir, Trabuco Canyon, CA 92679Bullock Russell RE ServicesList Price$899,000Sale to List5% over listDays on Market29 days19012 Singingwood Cir, Trabuco Canyon, CA 92679
See all recently sold homes in Lake Forest.
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Schools in Lake Forest
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Castille Elementary School Public • K-5 | 528 Students | 12 reviews |
9/10 Portola Springs Elementary Public • K-6 | 428 Students | 16 reviews |
9/10 Portola Hills Elementary School Public • K-6 | 666 Students | 12 reviews |
8/10 Philip J. Reilly Elementary Public • K-5 | 411 Students | 14 reviews |
8/10 Cadence Park Public • K-8 | 490 Students | 9 reviews |
Climate's impact on Lake Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Forest.
Flood Factor - Minor
Flood Factor
Fire Factor - Major
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Major
Heat Factor
Transportation in Lake Forest
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Bike Score®
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