The Federal Place housing market is very competitive. The median sale price of a home in Federal Place was $407K last month, down 19.0% since last year.
What is the housing market like in Federal Place today?
In March 2024, Federal Place home prices were down 19.0% compared to last year, selling for a median price of $407K.
$407K
Sale Price
$161
Sale $/Sq. Ft.
Over List Price
2.5%
Days on Market
10
Down Payment
—
Total Homes Sold
1
To compare other locations to the Federal Place and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lexington 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 Federal Place housing market?
Federal Place is very competitive. Homes sell in 10 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 10 days.
Hot homes
can sell for about 5% above list price and go pending in around 3 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 Federal Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Federal Place.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Federal Place has a moderate risk of flooding. 42 properties in Federal Place are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Federal Place. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Federal Place has a moderate risk of wildfire. There are 40 properties in Federal Place that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Federal Place.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Federal Place has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Federal Place is most at risk from hurricanes. 360 properties in Federal Place 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 52 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.