The The Lakes housing market is somewhat competitive. The median sale price of a home in The Lakes was $497K last month, down 4.5% since last year. The median sale price per square foot in The Lakes is $300, up 2.7% since last year.
What is the housing market like in The Lakes today?
In January 2025, The Lakes home prices were down 4.5% compared to last year, selling for a median price of $497K. On average, homes in The Lakes sell after 55 days on the market compared to 41 days last year. There were 18 homes sold in January this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$496,750
-4.5% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
The Lakes, AZ
$496,750
-4.5%
United States
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How hot is the The Lakes housing market?
The Lakes is somewhat competitive. Homes sell in 27 days.
0
100
63
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 27 days.
Hot homes
can sell for about 5% above list price and go pending in around 10 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 The Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Lakes.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Lakes has a minor risk of flooding. 47 properties in The Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in The Lakes. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Lakes has a moderate risk of wildfire. There are 226 properties in The Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in The Lakes.