The The Lakes housing market is very competitive. The median sale price of a home in The Lakes was $549K last month, down 28.1% since last year. The median sale price per square foot in The Lakes is $262, down 6.4% since last year.
What is the housing market like in The Lakes today?
In April 2025, The Lakes home prices were down 28.1% compared to last year, selling for a median price of $549K. On average, homes in The Lakes sell after 6 days on the market compared to 7 days last year. There were 8 homes sold in April this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$548,500
-28.1% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
The Lakes, OR
$548,500
-28.1%
United States
To compare other locations to the The Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fairview add value to a home.
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How hot is the The Lakes housing market?
The Lakes is very competitive. Homes sell in 7 days.
0
100
83
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 1% below list price and go pending in around 7 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.5%
-10.1 pt YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
The Lakes, OR
98.5%
-10.1 pt
United States
View houses in The Lakes that sold recently
Recently sold homes
SOLD MAY 15, 2025
3D WALKTHROUGH
$760,000 Last Sold Price
4 beds
2.5 baths
2,000 sq ft
3661 NE Alton Ct, Fairview, OR 97024
Catherine Forsythe • Berkshire Hathaway HomeServices NW Real Estate
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 Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Lakes.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Lakes has a minor risk of flooding. 7 properties in The Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in The Lakes. Flood risk is increasing faster than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Lakes has a moderate risk of wildfire. There are 219 properties in The Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in The Lakes.