The Lorraine Park housing market is somewhat competitive. The median sale price of a home in Lorraine Park was $115K last month, down 0.087% since last year. The median sale price per square foot in Lorraine Park is $116, down 22.3% since last year.
What is the housing market like in Lorraine Park today?
In April 2024, Lorraine Park home prices were down 0.087% compared to last year, selling for a median price of $115K. On average, homes in Lorraine Park sell after 2 days on the market compared to 8 days last year. There were 7 homes sold in April this year, up from 7 last year.
$168K
Sale Price
+54.9% since last year
$116
Sale $/Sq. Ft.
-22.3% since last year
Over List Price
0.7%
Days on Market
36
Down Payment
—
Total Homes Sold
4
To compare other locations to the Lorraine Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Evansville 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 Lorraine Park housing market?
Lorraine Park is somewhat competitive. Homes sell in 36 days.
0
100
50
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 about 1% above list price and go pending in around 36 days.
Hot homes
can sell for about 4% above list price and go pending in around 22 days.
Home offer insights for Lorraine Park
Explore recent offers and recently sold homes in Lorraine Park
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 Lorraine Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lorraine Park.
Risk Factor
Flood Factor - Moderate
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lorraine Park has a moderate risk of flooding. 77 properties in Lorraine Park are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in Lorraine Park. 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
Lorraine Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lorraine Park is most at risk from hurricanes. 562 properties in Lorraine Park 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 55 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.