The Towne Lake housing market is somewhat competitive. The median sale price of a home in Towne Lake was $572K last month, up 10.7% since last year. The median sale price per square foot in Towne Lake is $200, up 4.7% since last year.
What is the housing market like in Towne Lake today?
In October 2024, Towne Lake home prices were up 10.7% compared to last year, selling for a median price of $572K. On average, homes in Towne Lake sell after 53 days on the market compared to 65 days last year. There were 62 homes sold in October this year, down from 81 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$572,495
+10.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Towne Lake, TX
$572,495
+10.7%
United States
To compare other locations to the Towne Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
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How hot is the Towne Lake housing market?
Towne Lake is somewhat competitive. Homes sell in 48 days.
0
100
44
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 3% below list price and go pending in around 48 days.
Hot homes
can sell for about 1% below list price and go pending in around 25 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Towne Lake, TX
96.8%
-0.73 pt
United States
Schools in Towne Lake
Learn about schools in the Towne Lake area
Elementary
Middle
High
GreatSchools Rating
9/10
Postma Elementary School
Public • PreK-5
1080
Students
15 reviews
8/10
Rennell Elementary School
Public • PreK-5
1095
Students
14 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 Towne Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Towne Lake.
Flood Factor - Minor
71% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Towne Lake has a minor risk of flooding. 1,975 properties in Towne Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 71% of all properties in Towne Lake. Flood risk is increasing slower than the national average.
32% of properties are at risk of wildfire over the next 30 years
Fire Factor
Towne Lake has a moderate risk of wildfire. There are 1,573 properties in Towne Lake that have some risk of being affected by wildfire over the next 30 years. This represents 32% of all properties in Towne Lake.
92% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Towne Lake has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Towne Lake is most at risk from hurricanes. 4,543 properties in Towne Lake 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 137 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.