The Heritage Lake housing market is very competitive. The median sale price of a home in Heritage Lake was $621K last month, up 2.7% since last year. The median sale price per square foot in Heritage Lake is $227, up 0.4% since last year.
What is the housing market like in Heritage Lake today?
In March 2024, Heritage Lake home prices were up 2.7% compared to last year, selling for a median price of $621K. On average, homes in Heritage Lake sell after 33 days on the market compared to 110 days last year. There were 24 homes sold in March this year, up from 15 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$621,250
+2.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Heritage Lake, CA
$621,250
+2.7%
United States
To compare other locations to the Heritage Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Menifee add value to a home.
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How hot is the Heritage Lake housing market?
Heritage Lake is very competitive. Homes sell in 36 days.
0
100
71
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 around list price and go pending in around 36 days.
Hot homes
can sell for about 2% above list price and go pending in around 21 days.
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 Heritage Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Heritage Lake.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Heritage Lake has a minor risk of flooding. 22 properties in Heritage Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Heritage Lake. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Heritage Lake has a severe risk of wildfire. There are 2,825 properties in Heritage Lake that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Heritage Lake.
Heritage Lake has minimal risk of severe winds over the next 30 years
Wind Factor
Heritage Lake has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.