The Canyon Gate at Park Lakes housing market is somewhat competitive. The median sale price of a home in Canyon Gate at Park Lakes was $425K last month, up 13.3% since last year. The median sale price per square foot in Canyon Gate at Park Lakes is $123, up 19.4% since last year.
What is the housing market like in Canyon Gate at Park Lakes today?
In March 2024, Canyon Gate at Park Lakes home prices were up 13.3% compared to last year, selling for a median price of $425K. On average, homes in Canyon Gate at Park Lakes sell after 45 days on the market compared to 54 days last year. There were 5 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$425,000
+13.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Canyon Gate at Park Lakes, TX
$425,000
+13.3%
United States
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How hot is the Canyon Gate at Park Lakes housing market?
Canyon Gate at Park Lakes is somewhat competitive. Homes sell in 51 days.
0
100
48
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 17 days.
Learn about schools in the Canyon Gate at Park Lakes area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Canyon Gate at Park Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Canyon Gate at Park Lakes.
Risk Factor
Flood Factor - Moderate
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Canyon Gate at Park Lakes has a moderate risk of flooding. 53 properties in Canyon Gate at Park Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Canyon Gate at Park Lakes. Flood risk is increasing slower than the national average.
95% of properties are at risk of wildfire over the next 30 years
Fire Factor
Canyon Gate at Park Lakes has a moderate risk of wildfire. There are 817 properties in Canyon Gate at Park Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 95% of all properties in Canyon Gate at Park Lakes.
93% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Canyon Gate at Park Lakes has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Canyon Gate at Park Lakes is most at risk from hurricanes. 801 properties in Canyon Gate at Park Lakes 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 136 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 141 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Canyon Gate at Park Lakes has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Canyon Gate at Park Lakes have an Extreme Heat Factor®.
Canyon Gate at Park Lakes is expected to see a 257% increase in the number of days over 110ºF over the next 30 years. Canyon Gate at Park Lakes is expected to experience 7