The Lakeview Summit housing market is very competitive. The median sale price of a home in Lakeview Summit was $403K last month, down 15.0% since last year. The median sale price per square foot in Lakeview Summit is $191, up 4.1% since last year.
What is the housing market like in Lakeview Summit today?
In March 2024, Lakeview Summit home prices were down 15.0% compared to last year, selling for a median price of $403K. On average, homes in Lakeview Summit sell after 22 days on the market compared to 86 days last year. There were 10 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)
$402,500
-15.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lakeview Summit, TX
$402,500
-15.0%
United States
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How hot is the Lakeview Summit housing market?
Lakeview Summit is very competitive. Homes sell in 20 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 20 days.
Hot homes
can sell for about 8% above list price and go pending in around 11 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 Lakeview Summit housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakeview Summit.
Risk Factor
Flood Factor - Moderate
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakeview Summit has a moderate risk of flooding. 23 properties in Lakeview Summit are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Lakeview Summit. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakeview Summit has a moderate risk of wildfire. There are 569 properties in Lakeview Summit that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Lakeview Summit.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lakeview Summit has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakeview Summit is most at risk from hurricanes. 569 properties in Lakeview Summit 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.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Lakeview Summit has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lakeview Summit have a Severe Heat Factor®.
Lakeview Summit is expected to see a 257% increase in the number of days over 109ºF over the next 30 years. Lakeview Summit is expected to experience 8