What is the housing market like in Cedar Lake today?
In May 2024, Cedar Lake home prices were up 23.2% compared to last year, selling for a median price of $615K.
$532K
Sale Price
$189
Sale $/Sq. Ft.
Under List Price
1.7%
Days on Market
59
Down Payment
—
Total Homes Sold
2
To compare other locations to the Cedar Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cedar Lake housing market?
Cedar Lake is somewhat competitive. Homes sell in 59 days.
0
100
50
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 43 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 Cedar Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cedar Lake.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cedar Lake has a minor risk of flooding. properties in Cedar Lake are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Cedar Lake. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Cedar Lake has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cedar Lake is most at risk from hurricanes. 218 properties in Cedar Lake 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 77 mph.