The Lake Shangri-La housing market is somewhat competitive. The median sale price of a home in Lake Shangri-La was $360K last month, down 56.6% since last year.
What is the housing market like in Lake Shangri-La today?
In March 2024, Lake Shangri-La home prices were down 56.6% compared to last year, selling for a median price of $360K.
$320K
Sale Price
$229
Sale $/Sq. Ft.
Under List Price
0.9%
Days on Market
50
Down Payment
—
Total Homes Sold
1
To compare other locations to the Lake Shangri-La and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lake Shangrila add value to a home.
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How hot is the Lake Shangri-La housing market?
Lake Shangri-La is somewhat competitive. Homes sell in 50 days.
0
100
41
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 50 days.
Hot homes
can sell for about 2% above list price and go pending in around 28 days.
Home offer insights for Lake Shangri-La
Explore recent offers and recently sold homes in Lake Shangri-La
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 Shangri-La housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Shangri-La.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Shangri-La has a minor risk of flooding. 38 properties in Lake Shangri-La are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Lake Shangri-La. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Shangri-La has a moderate risk of wildfire. There are 177 properties in Lake Shangri-La that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in Lake Shangri-La.
Lake Shangri-La has minimal risk of severe winds over the next 30 years
Wind Factor
Lake Shangri-La has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
85% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Lake Shangri-La has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 85% of homes in Lake Shangri-La have a Minor Heat Factor®.
Lake Shangri-La is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Lake Shangri-La is expected to experience 7