The The Lake housing market is very competitive. The median sale price of a home in The Lake was $1.45M last month, up 4.2% since last year. The median sale price per square foot in The Lake is $985, up 10.5% since last year.
What is the housing market like in The Lake today?
$1.45M
Sale Price
+4.2% since last year
$985
Sale $/Sq. Ft.
+10.5% since last year
Over List Price
4.7%
Days on Market
19
Down Payment
30.0%
Total Homes Sold
12
To compare other locations to the The Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in The Lake
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the The Lake housing market?
The Lake is very competitive. Homes sell in 19 days.
0
100
86
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 19 days.
Hot homes
can sell for about 9% above list price and go pending in around 11 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 The Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Lake.
Flood Factor - Minor
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Lake has a minor risk of flooding. 18 properties in The Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in The Lake. Flood risk is increasing faster than the national average.
93% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Lake has a moderate risk of wildfire. There are 2,088 properties in The Lake that have some risk of being affected by wildfire over the next 30 years. This represents 93% of all properties in The Lake.