The median sale price of a home in Banner Lake was $319K last month, up 32.8% since last year. The median sale price per square foot in Banner Lake is $297, down 22.3% since last year.
What is the housing market like in Banner Lake today?
In March 2024, Banner Lake home prices were up 32.8% compared to last year, selling for a median price of $319K.
$380K
Sale Price
+58.3% since last year
$297
Sale $/Sq. Ft.
-22.3% since last year
Under List Price
2.3%
Days on Market
116
Down Payment
—
Total Homes Sold
2
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Home offer insights for Banner Lake
Explore recent offers and recently sold homes in Banner Lake
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Climate's impact on Banner Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Banner Lake.
Risk Factor
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Banner Lake has a minor risk of flooding. 8 properties in Banner Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Banner 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
Banner Lake has a moderate risk of wildfire. There are 270 properties in Banner Lake that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Banner Lake.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Banner Lake has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Banner Lake is most at risk from hurricanes. 270 properties in Banner 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 179 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 193 mph.