The Tuscaloosa-Lakewood housing market is somewhat competitive. The median sale price of a home in Tuscaloosa-Lakewood was $465K last month, up 16.3% since last year. The median sale price per square foot in Tuscaloosa-Lakewood is $315, down 6.0% since last year.
What is the housing market like in Tuscaloosa-Lakewood today?
In March 2024, Tuscaloosa-Lakewood home prices were up 16.3% compared to last year, selling for a median price of $465K. On average, homes in Tuscaloosa-Lakewood sell after 34 days on the market compared to 59 days last year. There were 2 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)
$465,000
+16.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Tuscaloosa-Lakewood, NC
$465,000
+16.3%
United States
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How hot is the Tuscaloosa-Lakewood housing market?
Tuscaloosa-Lakewood is somewhat competitive. Homes sell in 37 days.
0
100
58
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 6% above list price and go pending in around 37 days.
Hot homes
can sell for about 11% above list price and go pending in around 21 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
3/10
Lakewood Elementary
Public • PreK-5
408
Students
19 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 Tuscaloosa-Lakewood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Tuscaloosa-Lakewood.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Tuscaloosa-Lakewood has a moderate risk of flooding. 59 properties in Tuscaloosa-Lakewood are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Tuscaloosa-Lakewood. Flood risk is increasing slower than the national average.
33% of properties are at risk of wildfire over the next 30 years
Fire Factor
Tuscaloosa-Lakewood has a minor risk of wildfire. There are 170 properties in Tuscaloosa-Lakewood that have some risk of being affected by wildfire over the next 30 years. This represents 33% of all properties in Tuscaloosa-Lakewood.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Tuscaloosa-Lakewood has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Tuscaloosa-Lakewood is most at risk from hurricanes. 507 properties in Tuscaloosa-Lakewood 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 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Tuscaloosa-Lakewood has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Tuscaloosa-Lakewood have a Major Heat Factor®.
Tuscaloosa-Lakewood is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Tuscaloosa-Lakewood is expected to experience 8