The median sale price of a home in Lake Caroline was $365K last month, down 8.9% since last year. The median sale price per square foot in Lake Caroline is $194, down 5.4% since last year.
What is the housing market like in Lake Caroline today?
In April 2025, Lake Caroline home prices were down 8.9% compared to last year, selling for a median price of $365K. On average, homes in Lake Caroline sell after 71 days on the market compared to 77 days last year. There were 4 homes sold in April this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$364,500
-8.9% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
Lake Caroline, FL
$364,500
-8.9%
United States
To compare other locations to the Lake Caroline and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Panama City add value to a home.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.6%
-2.8 pt YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Lake Caroline housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Caroline.
Flood Factor - Severe
80% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Caroline has a severe risk of flooding. 129 properties in Lake Caroline are likely to be
severely affected
by flooding over the next 30 years. This represents 80% of all properties in Lake Caroline. Flood risk is increasing faster than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Caroline has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Caroline is most at risk from hurricanes. 312 properties in Lake Caroline 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 174 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 183 mph.