The Lake View Terrace housing market is very competitive. The median sale price of a home in Lake View Terrace was $979K last month, up 29.1% since last year. The median sale price per square foot in Lake View Terrace is $430, down 17.2% since last year.
What is the housing market like in Lake View Terrace today?
In March 2024, Lake View Terrace home prices were up 29.1% compared to last year, selling for a median price of $979K. On average, homes in Lake View Terrace sell after 40 days on the market compared to 100 days last year. There were 23 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$979,000
+29.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake View Terrace, CA
$979,000
+29.1%
United States
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How hot is the Lake View Terrace housing market?
Lake View Terrace is very competitive. Homes sell in 36 days.
0
100
73
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 around list price and go pending in around 36 days.
Hot homes
can sell for about 1% above list price and go pending in around 26 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 View Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake View Terrace.
Risk Factor
Flood Factor - Major
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake View Terrace has a major risk of flooding. 132 properties in Lake View Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Lake View Terrace. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake View Terrace has an extreme risk of wildfire. There are 2,535 properties in Lake View Terrace that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Lake View Terrace.
Lake View Terrace has minimal risk of severe winds over the next 30 years
Wind Factor
Lake View Terrace has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lake View Terrace has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Lake View Terrace have a Major Heat Factor®.
Lake View Terrace is expected to see a 185% increase in the number of days over 100ºF over the next 30 years. Lake View Terrace is expected to experience 8