The Lake Madeline housing market is somewhat competitive. The median sale price of a home in Lake Madeline was $318K last month, down 16.2% since last year. The median sale price per square foot in Lake Madeline is $313, down 23.1% since last year.
What is the housing market like in Lake Madeline today?
In October 2024, Lake Madeline home prices were down 16.2% compared to last year, selling for a median price of $318K. On average, homes in Lake Madeline sell after 37 days on the market compared to 12 days last year. There were 14 homes sold in October this year, down from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$317,596
-16.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Madeline, TX
$317,596
-16.2%
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 somewhat competitive. Homes sell in 38 days.
0
100
45
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 4% below list price and go pending in around 38 days.
Hot homes
can sell for about 1% below list price and go pending in around 10 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.7%
-2.8 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Madeline, TX
94.7%
-2.8 pt
United States
Schools in Lake Madeline
Learn about schools in the Lake Madeline area
Elementary
Middle
High
GreatSchools Rating
2/10
Scott Collegiate Academy
Public • 5-9
692
Students
4 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 Lake Madeline housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Madeline.
Flood Factor - Major
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Madeline has a major risk of flooding. 1,008 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. 1,072 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.