The Lake Madeline housing market is not very competitive. The median sale price of a home in Lake Madeline was $338K last month, down 14.9% since last year. The median sale price per square foot in Lake Madeline is $359, up 36.2% since last year.
What is the housing market like in Lake Madeline today?
In March 2024, Lake Madeline home prices were down 14.9% compared to last year, selling for a median price of $338K. On average, homes in Lake Madeline sell after 71 days on the market compared to 55 days last year. There were 14 homes sold in March this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$337,500
-14.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Madeline, TX
$337,500
-14.9%
United States
To compare other locations to the Lake Madeline and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Galveston add value to a home.
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How hot is the Lake Madeline housing market?
Lake Madeline is not very competitive. Homes sell in 77 days.
0
100
24
Not 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 6 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 77 days.
Hot homes
can sell for about 1% below list price and go pending in around 17 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.2%
+0.04 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Madeline, TX
96.2%
+0.04 pt
United States
Home offer insights for Lake Madeline
Explore recent offers and recently sold homes in Lake Madeline
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 Lake Madeline housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Madeline.
Risk Factor
Flood Factor - Extreme
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Madeline has an extreme risk of flooding. 1,063 properties in Lake Madeline are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Lake Madeline. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Madeline has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Madeline is most at risk from hurricanes. 1,073 properties in Lake Madeline 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 205 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 214 mph.