The Lake Shores housing market is very competitive. The median sale price of a home in Lake Shores was $417K last month, up 77.4% since last year. The median sale price per square foot in Lake Shores is $192, up 2.1% since last year.
What is the housing market like in Lake Shores today?
In October 2024, Lake Shores home prices were up 77.4% compared to last year, selling for a median price of $417K. On average, homes in Lake Shores sell after 20 days on the market compared to 23 days last year. There were 5 homes sold in October this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$417,000
+77.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Shores, VA
$417,000
+77.4%
United States
To compare other locations to the Lake Shores and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia Beach add value to a home.
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How hot is the Lake Shores housing market?
Lake Shores is very competitive. Homes sell in 15 days.
0
100
85
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 15 days.
Hot homes
can sell for about 5% above list price and go pending in around 7 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 Shores housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Shores.
Flood Factor - Minor
58% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Shores has a minor risk of flooding. 131 properties in Lake Shores are likely to be
severely affected
by flooding over the next 30 years. This represents 58% of all properties in Lake Shores. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Shores has a moderate risk of wildfire. There are 4 properties in Lake Shores that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Lake Shores.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Lake Shores has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Shores is most at risk from hurricanes. 641 properties in Lake Shores 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 133 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 146 mph.