The Lake Road housing market is very competitive. The median sale price of a home in Lake Road was $569K last month, up 3.3% since last year. The median sale price per square foot in Lake Road is $281, up 2.4% since last year.
What is the housing market like in Lake Road today?
In March 2024, Lake Road home prices were up 3.3% compared to last year, selling for a median price of $569K. On average, homes in Lake Road sell after 47 days on the market compared to 16 days last year. There were 11 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$569,000
+3.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Road, OR
$569,000
+3.3%
United States
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How hot is the Lake Road housing market?
Lake Road is very competitive. Homes sell in 12.5 days.
0
100
78
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 13 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 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 Road housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Road.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Road has a moderate risk of flooding. 68 properties in Lake Road are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lake Road. 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 Road has a minor risk of wildfire. There are 15 properties in Lake Road that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Lake Road.