The median sale price of a home in Third Lake Ridge Historic District was $310K last month, down 21.5% since last year. The median sale price per square foot in Third Lake Ridge Historic District is $451, up 35.4% since last year.
Third Lake Ridge Historic District Housing Market Trends
What is the housing market like in Third Lake Ridge Historic District today?
In February 2025, Third Lake Ridge Historic District home prices were down 21.5% compared to last year, selling for a median price of $310K. On average, homes in Third Lake Ridge Historic District sell after 46 days on the market compared to 64 days last year. There were 1 homes sold in February this year, down from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,000
-21.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Third Lake Ridge Historic District, WI
$310,000
-21.5%
United States
To compare other locations to the Third Lake Ridge Historic District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Madison add value to a home.
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How hot is the Third Lake Ridge Historic District housing market?
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.4%
-3.6 pt YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Third Lake Ridge Historic District, WI
98.4%
-3.6 pt
United States
View houses in Third Lake Ridge Historic District that sold recently
Learn about schools in the Third Lake Ridge Historic District area
Elementary
Middle
High
GreatSchools Rating
7/10
Marquette Elementary School
Public • 3-5
168
Students
2 reviews
NR
Lapham Elementary School
Public • PreK-2
207
Students
4 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 Third Lake Ridge Historic District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Third Lake Ridge Historic District.
Flood Factor - Minor
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Third Lake Ridge Historic District has a minor risk of flooding. 181 properties in Third Lake Ridge Historic District are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Third Lake Ridge Historic District. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Third Lake Ridge Historic District has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Third Lake Ridge Historic District is most at risk from hurricanes. 1,068 properties in Third Lake Ridge Historic District have some risk of being in a severe wind event within the next 30 years.
97% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Third Lake Ridge Historic District has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Third Lake Ridge Historic District have a Minor Heat Factor®.
Third Lake Ridge Historic District is expected to see a 100% increase in the number of days over 100ºF over the next 30 years. Third Lake Ridge Historic District is expected to experience 7