The Michael Lane Area housing market is very competitive. Homes in Michael Lane Area receive 2 offers on average and sell in around 43 days. The median sale price of a home in Michael Lane Area was $329K last month, up 64.5% since last year. The median sale price per square foot in Michael Lane Area is $278, up 33.9% since last year.
What is the housing market like in Michael Lane Area today?
$329K
Sale Price
+64.5% since last year
$278
Sale $/Sq. Ft.
+33.9% since last year
Over List Price
1.6%
Days on Market
43
Down Payment
10.0%
Total Homes Sold
6
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How hot is the Michael Lane Area housing market?
Michael Lane Area is very competitive. Homes sell in 43 days.
0
100
76
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 43 days.
Hot homes
can sell for about 6% above list price and go pending in around 16 days.
Home offer insights for Michael Lane Area
Explore recent offers and recently sold homes in Michael Lane Area
Recent offers
Offer Not Accepted|
8 Weeks Ago
~$250K Offer
Sold for $325K
3bd | 1ba | ~1,000sqft
Under List Price
21%
Days on Market
44
Competing Offers
0
Offer
All Cash
Tracey Assaad
Michael Lane Area Redfin Agent
View houses in Michael Lane Area that sold recently
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 Michael Lane Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Michael Lane Area.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Michael Lane Area has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information