The Lake Grove housing market is very competitive. The median sale price of a home in Lake Grove was $765K last month, up 23.3% since last year. The median sale price per square foot in Lake Grove is $316, down 3.4% since last year.
What is the housing market like in Lake Grove today?
In October 2024, Lake Grove home prices were up 23.3% compared to last year, selling for a median price of $765K. On average, homes in Lake Grove sell after 21 days on the market compared to 23 days last year. There were 8 homes sold in October this year, down from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$764,750
+23.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Grove, NY
$764,750
+23.3%
United States
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How hot is the Lake Grove housing market?
Lake Grove is very competitive. Homes sell in 25 days.
0
100
84
Very 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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 25 days.
Hot homes
can sell for about 9% above list price and go pending in around 17 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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 Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Grove.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Grove has a minor risk of flooding. 404 properties in Lake Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Lake Grove. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Grove has a moderate risk of wildfire. There are 69 properties in Lake Grove that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lake Grove.
90% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Lake Grove has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Grove is most at risk from hurricanes. 3,428 properties in Lake Grove have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 108 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 120 mph.