The Lockeland Springs housing market is somewhat competitive. The median sale price of a home in Lockeland Springs was $881K last month, down 10.4% since last year. The median sale price per square foot in Lockeland Springs is $487, up 13.1% since last year.
What is the housing market like in Lockeland Springs today?
In October 2024, Lockeland Springs home prices were down 10.4% compared to last year, selling for a median price of $881K. On average, homes in Lockeland Springs sell after 50 days on the market compared to 42 days last year. There were 8 homes sold in October this year, down from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$881,250
-10.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lockeland Springs, TN
$881,250
-10.4%
United States
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How hot is the Lockeland Springs housing market?
Lockeland Springs is somewhat competitive. Homes sell in 36 days.
0
100
59
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 36 days.
Hot homes
can sell for about 1% above list price and go pending in around 16 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 Lockeland Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lockeland Springs.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lockeland Springs has a minor risk of flooding. 186 properties in Lockeland Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Lockeland Springs. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lockeland Springs has a moderate risk of wildfire. There are 50 properties in Lockeland Springs that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Lockeland Springs.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lockeland Springs has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lockeland Springs is most at risk from hurricanes. 1,719 properties in Lockeland Springs 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 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 70 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lockeland Springs has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lockeland Springs have a Major Heat Factor®.
Lockeland Springs is expected to see a 185% increase in the number of days over 105ºF over the next 30 years. Lockeland Springs is expected to experience 8