The Lake Forest housing market is somewhat competitive. The median sale price of a home in Lake Forest was $448K last month, up 7.8% since last year. The median sale price per square foot in Lake Forest is $155, down 14.1% since last year.
What is the housing market like in Lake Forest today?
In April 2024, Lake Forest home prices were up 7.8% compared to last year, selling for a median price of $448K. On average, homes in Lake Forest sell after 38 days on the market compared to 54 days last year. There were 14 homes sold in April this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$447,500
+7.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lake Forest, AL
$447,500
+7.8%
United States
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How hot is the Lake Forest housing market?
Lake Forest is somewhat competitive. Homes sell in 36 days.
0
100
62
Somewhat Competitive
Redfin Compete Score™
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 17 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Lake Forest has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
Transportation in Lake Forest
Learn about the walkability, bikeability, and transit-friendliness of Lake Forest