The Lakes of Forest Hill housing market is somewhat competitive. The median sale price of a home in Lakes of Forest Hill was $346K last month, up 7.4% since last year. The median sale price per square foot in Lakes of Forest Hill is $158, down 7.6% since last year.
What is the housing market like in Lakes of Forest Hill today?
In March 2024, Lakes of Forest Hill home prices were up 7.4% compared to last year, selling for a median price of $346K. On average, homes in Lakes of Forest Hill sell after 47 days on the market compared to 128 days last year. There were 6 homes sold in March this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$346,000
+7.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakes of Forest Hill, TN
$346,000
+7.4%
United States
To compare other locations to the Lakes of Forest Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Collierville add value to a home.
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How hot is the Lakes of Forest Hill housing market?
Lakes of Forest Hill is somewhat competitive. Homes sell in 47 days.
0
100
44
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 1% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 25 days.
Learn about schools in the Lakes of Forest Hill area
Elementary
Middle
High
GreatSchools Rating
7/10
Southwind Elementary School
Public • PreK-5
830
Students
7 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 Lakes of Forest Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakes of Forest Hill.
Risk Factor
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakes of Forest Hill has a minor risk of flooding. 0 properties in Lakes of Forest Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Lakes of Forest Hill. Flood risk is increasing slower than the national average.
33% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakes of Forest Hill has a minor risk of wildfire. There are 30 properties in Lakes of Forest Hill that have some risk of being affected by wildfire over the next 30 years. This represents 33% of all properties in Lakes of Forest Hill.
93% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lakes of Forest Hill has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakes of Forest Hill is most at risk from hurricanes. 84 properties in Lakes of Forest Hill 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 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.
90% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lakes of Forest Hill has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 90% of homes in Lakes of Forest Hill have a Major Heat Factor®.
Lakes of Forest Hill is expected to see a 185% increase in the number of days over 109ºF over the next 30 years. Lakes of Forest Hill is expected to experience 6