The Lakewood Hills housing market is somewhat competitive. The median sale price of a home in Lakewood Hills was $1.5M last month, up 5.4% since last year.
What is the housing market like in Lakewood Hills today?
In March 2024, Lakewood Hills home prices were up 5.4% compared to last year, selling for a median price of $1.5M. On average, homes in Lakewood Hills sell after 57 days on the market compared to 99 days last year. There were 8 homes sold in March this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,462,500
+5.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakewood Hills, TX
$1,462,500
+5.4%
United States
To compare other locations to the Lakewood Hills and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Dallas add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lakewood Hills housing market?
Lakewood Hills is somewhat competitive. Homes sell in 29 days.
0
100
64
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 2% below list price and go pending in around 29 days.
Hot homes
can sell for around list price and go pending in around 12 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
4/10
Eduardo Mata Elementary School
Public • PreK-8 • Choice school
612
Students
11 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 Lakewood Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Hills.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Hills has a moderate risk of flooding. 40 properties in Lakewood Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lakewood Hills. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood Hills has a minor risk of wildfire. There are 192 properties in Lakewood Hills that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in Lakewood Hills.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lakewood Hills has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakewood Hills is most at risk from hurricanes. 538 properties in Lakewood Hills 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.