The Lake Marion Village housing market is somewhat competitive. The median sale price of a home in Lake Marion Village was $300K last month, down 0.0033% since last year. The median sale price per square foot in Lake Marion Village is $165, down 5.7% since last year.
What is the housing market like in Lake Marion Village today?
In March 2024, Lake Marion Village home prices were down 0.0033% compared to last year, selling for a median price of $300K. On average, homes in Lake Marion Village sell after 93 days on the market compared to 65 days last year. There were 80 homes sold in March this year, up from 78 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$299,990
-0.0033% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Marion Village, FL
$299,990
-0.0033%
United States
To compare other locations to the Lake Marion Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Poinciana add value to a home.
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How hot is the Lake Marion Village housing market?
Lake Marion Village is somewhat competitive. Homes sell in 74.5 days.
0
100
33
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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 75 days.
Hot homes
can sell for around list price and go pending in around 32 days.
Learn about schools in the Lake Marion Village area
Elementary
Middle
High
GreatSchools Rating
3/10
Laurel Elementary School
Public • PreK-5
900
Students
6 reviews
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 Marion Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Marion Village.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Marion Village has a minor risk of flooding. 419 properties in Lake Marion Village are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Lake Marion Village. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Marion Village has a major risk of wildfire. There are 8,496 properties in Lake Marion Village that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Lake Marion Village.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Marion Village has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Marion Village is most at risk from hurricanes. 8,565 properties in Lake Marion Village 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 151 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 164 mph.
54% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Lake Marion Village has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 54% of homes in Lake Marion Village have a Severe Heat Factor®.
Lake Marion Village is expected to see a 228% increase in the number of days over 108ºF over the next 30 years. Lake Marion Village is expected to experience 6