The Ore Lake housing market is somewhat competitive. The median sale price of a home in Ore Lake was $325K last month, down 11.6% since last year. The median sale price per square foot in Ore Lake is $224, down 6.1% since last year.
What is the housing market like in Ore Lake today?
In April 2024, Ore Lake home prices were down 11.6% compared to last year, selling for a median price of $325K. On average, homes in Ore Lake sell after 50 days on the market compared to 6 days last year. There were 7 homes sold in April this year, up from 3 last year.
$406K
Sale Price
+28.6% since last year
$224
Sale $/Sq. Ft.
-6.1% since last year
Under List Price
0.4%
Days on Market
19
Down Payment
—
Total Homes Sold
3
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How hot is the Ore Lake housing market?
Ore Lake is somewhat competitive. Homes sell in 19 days.
0
100
69
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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 19 days.
Hot homes
can sell for about 7% above list price and go pending in around 6 days.
Home offer insights for Ore Lake
Explore recent offers and recently sold homes in Ore Lake
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 Ore Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Ore Lake.
Risk Factor
Flood Factor - Major
53% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Ore Lake has a major risk of flooding. 343 properties in Ore Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 53% of all properties in Ore Lake. Flood risk is increasing slower than the national average.
24% of properties are at risk of wildfire over the next 30 years
Fire Factor
Ore Lake has a minor risk of wildfire. There are 175 properties in Ore Lake that have some risk of being affected by wildfire over the next 30 years. This represents 24% of all properties in Ore Lake.