The Lakeridge housing market is somewhat competitive. The median sale price of a home in Lakeridge was $485K last month, down 2.5% since last year. The median sale price per square foot in Lakeridge is $219, up 10.3% since last year.
What is the housing market like in Lakeridge today?
In March 2024, Lakeridge home prices were down 2.5% compared to last year, selling for a median price of $485K. On average, homes in Lakeridge sell after 105 days on the market compared to 23 days last year. There were 5 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$485,000
-2.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakeridge, UT
$485,000
-2.5%
United States
To compare other locations to the Lakeridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Orem add value to a home.
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How hot is the Lakeridge housing market?
Lakeridge is somewhat competitive. Homes sell in 31 days.
0
100
62
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for about 1% above list price and go pending in around 14 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.0%
+0.7 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakeridge, UT
97.0%
+0.7 pt
United States
Home offer insights for Lakeridge
Explore recent offers and recently sold homes in Lakeridge
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 Lakeridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakeridge.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakeridge has a minor risk of flooding. 19 properties in Lakeridge are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Lakeridge. Flood risk is increasing faster than the national average.
17% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakeridge has a moderate risk of wildfire. There are 179 properties in Lakeridge that have some risk of being affected by wildfire over the next 30 years. This represents 17% of all properties in Lakeridge.