The median sale price of a home in Lake Terrace was $500K last month, up 117.4% since last year. The median sale price per square foot in Lake Terrace is $300, up 43.5% since last year.
What is the housing market like in Lake Terrace today?
In January 2025, Lake Terrace home prices were up 117.4% compared to last year, selling for a median price of $500K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$500,000
+117.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Lake Terrace, FL
$500,000
+117.4%
United States
To compare other locations to the Lake Terrace and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Orlando add value to a home.
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All Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List PriceAll Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List Price
(All Home Types)
96.0%
-1.1 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Terrace housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Terrace.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Terrace has a minor risk of flooding. 4 properties in Lake Terrace are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lake Terrace. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Terrace has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Terrace is most at risk from hurricanes. 273 properties in Lake Terrace 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 136 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.