The Grand Lakes housing market is very competitive. The median sale price of a home in Grand Lakes was $542K last month, down 0.32% since last year. The median sale price per square foot in Grand Lakes is $172, up 1.8% since last year.
What is the housing market like in Grand Lakes today?
In March 2024, Grand Lakes home prices were down 0.32% compared to last year, selling for a median price of $542K. On average, homes in Grand Lakes sell after 9 days on the market compared to 10 days last year. There were 11 homes sold in March this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$541,500
-0.32% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Grand Lakes, TX
$541,500
-0.32%
United States
To compare other locations to the Grand Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Katy add value to a home.
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How hot is the Grand Lakes housing market?
Grand Lakes is very competitive. Homes sell in 9 days.
0
100
81
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 9 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.0%
+1.1 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Grand Lakes, TX
99.0%
+1.1 pt
United States
Home offer insights for Grand Lakes
Explore recent offers and recently sold homes in Grand Lakes
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 Grand Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Grand Lakes.
Risk Factor
Flood Factor - Major
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Grand Lakes has a major risk of flooding. 679 properties in Grand Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in Grand Lakes. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Grand Lakes has a moderate risk of wildfire. There are 1,701 properties in Grand Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in Grand Lakes.
89% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Grand Lakes has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Grand Lakes is most at risk from hurricanes. 2,945 properties in Grand 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 134 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 146 mph.