The The Shores on Lake Ray Hubbard housing market is somewhat competitive. The median sale price of a home in The Shores on Lake Ray Hubbard was $520K last month, up 8.2% since last year. The median sale price per square foot in The Shores on Lake Ray Hubbard is $179, up 0.0% since last year.
The Shores on Lake Ray Hubbard Housing Market Trends
What is the housing market like in The Shores on Lake Ray Hubbard today?
In March 2024, The Shores on Lake Ray Hubbard home prices were up 8.2% compared to last year, selling for a median price of $520K. On average, homes in The Shores on Lake Ray Hubbard sell after 104 days on the market compared to 86 days last year. There were 17 homes sold in March this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$520,000
+8.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
The Shores on Lake Ray Hubbard, TX
$520,000
+8.2%
United States
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How hot is the The Shores on Lake Ray Hubbard housing market?
The Shores on Lake Ray Hubbard is somewhat competitive. Homes sell in 48 days.
0
100
36
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 27 days.
Learn about schools in the The Shores on Lake Ray Hubbard area
Elementary
Middle
High
GreatSchools Rating
7/10
Grace Hartman Elementary School
Public • PreK-6
570
Students
11 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 The Shores on Lake Ray Hubbard housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Shores on Lake Ray Hubbard.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Shores on Lake Ray Hubbard has a minor risk of flooding. 69 properties in The Shores on Lake Ray Hubbard are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in The Shores on Lake Ray Hubbard. Flood risk is increasing slower than the national average.
78% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Shores on Lake Ray Hubbard has a moderate risk of wildfire. There are 1,319 properties in The Shores on Lake Ray Hubbard that have some risk of being affected by wildfire over the next 30 years. This represents 78% of all properties in The Shores on Lake Ray Hubbard.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
The Shores on Lake Ray Hubbard has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Shores on Lake Ray Hubbard is most at risk from hurricanes. 1,688 properties in The Shores on Lake Ray Hubbard 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
The Shores on Lake Ray Hubbard has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in The Shores on Lake Ray Hubbard have a Severe Heat Factor®.
The Shores on Lake Ray Hubbard is expected to see a 257% increase in the number of days over 109ºF over the next 30 years. The Shores on Lake Ray Hubbard is expected to experience 8