The Lake Hills housing market is most competitive. Homes in Lake Hills receive 14 offers on average and sell in around 4.5 days. The median sale price of a home in Lake Hills was $1.4M last month, up 9.8% since last year. The median sale price per square foot in Lake Hills is $696, up 22.3% since last year.
What is the housing market like in Lake Hills today?
In March 2024, Lake Hills home prices were up 9.8% compared to last year, selling for a median price of $1.4M. On average, homes in Lake Hills sell after 5 days on the market compared to 20 days last year. There were 26 homes sold in March this year, down from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,386,250
+9.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Hills, WA
$1,386,250
+9.8%
United States
To compare other locations to the Lake Hills and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Bellevue 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 Lake Hills housing market?
Lake Hills is most competitive. Homes sell in 4 days.
0
100
93
Most 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 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 4 days.
Hot homes
can sell for about 11% above list price and go pending in around 1 day.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Hills, WA
104.9%
+5.5 pt
United States
Home offer insights for Lake Hills
Explore recent offers and recently sold homes in Lake Hills
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$1.25M Offer
Sold for $1.5M
3bd | 2ba | ~1,500sqft
Over List Price
0%
Days on Market
4
Competing Offers
>25
Down Payment
~30%
Kendall Overton
Lake Hills Redfin Agent
30 offers received. Fully renovated single family rambler house on a large flat lot. Preinspection and sewer scope provided with only minor items called out. …
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Spiritridge Elementary School
Public • K-5
691
Students
13 reviews
7/10
Phantom Lake Elementary School
Public • PreK-5
458
Students
8 reviews
3/10
Lake Hills Elementary School
Public • PreK-5
571
Students
13 reviews
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 Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Hills.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Hills has a minor risk of flooding. 195 properties in Lake Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Lake Hills. Flood risk is increasing slower than the national average.
8% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Hills has a minor risk of wildfire. There are 432 properties in Lake Hills that have some risk of being affected by wildfire over the next 30 years. This represents 8% of all properties in Lake Hills.