The The Lanterns housing market is somewhat competitive. The median sale price of a home in The Lanterns was $1.1M last month, up 27.5% since last year. The median sale price per square foot in The Lanterns is $218, up 24.6% since last year.
What is the housing market like in The Lanterns today?
In March 2024, The Lanterns home prices were up 27.5% compared to last year, selling for a median price of $1.1M. On average, homes in The Lanterns sell after 49 days on the market compared to 26 days last year. There were 8 homes sold in March this year, up from 6 last year.
$733K
Sale Price
-2.3% since last year
$218
Sale $/Sq. Ft.
+24.6% since last year
Under List Price
2.3%
Days on Market
78
Down Payment
5.0%
Total Homes Sold
3
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How hot is the The Lanterns housing market?
The Lanterns is somewhat competitive. Homes sell in 78 days.
0
100
41
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 78 days.
Hot homes
can sell for around list price and go pending in around 20 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 The Lanterns housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Lanterns.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Lanterns has a moderate risk of flooding. 58 properties in The Lanterns are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in The Lanterns. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Lanterns has an extreme risk of wildfire. There are 721 properties in The Lanterns that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in The Lanterns.
The Lanterns has minimal risk of severe winds over the next 30 years
Wind Factor
The Lanterns has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.