The Light Farms housing market is somewhat competitive. The median sale price of a home in Light Farms was $630K last month, down 2.4% since last year. The median sale price per square foot in Light Farms is $228, down 1.1% since last year.
What is the housing market like in Light Farms today?
In March 2024, Light Farms home prices were down 2.4% compared to last year, selling for a median price of $630K. On average, homes in Light Farms sell after 53 days on the market compared to 34 days last year. There were 56 homes sold in March this year, up from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$629,750
-2.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Light Farms, TX
$629,750
-2.4%
United States
To compare other locations to the Light Farms and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Prosper 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 Light Farms housing market?
Light Farms is somewhat competitive. Homes sell in 46 days.
0
100
49
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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 23 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 Light Farms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Light Farms.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Light Farms has a moderate risk of flooding. 147 properties in Light Farms are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Light Farms. Flood risk is increasing faster than the national average.
90% of properties are at risk of wildfire over the next 30 years
Fire Factor
Light Farms has a moderate risk of wildfire. There are 2,167 properties in Light Farms that have some risk of being affected by wildfire over the next 30 years. This represents 90% of all properties in Light Farms.
50% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Light Farms has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Light Farms is most at risk from hurricanes. 1,219 properties in Light Farms 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 82 mph.