The Carolina Lakes housing market is very competitive. The median sale price of a home in Carolina Lakes was $384K last month, up 3.5% since last year. The median sale price per square foot in Carolina Lakes is $160, down 2.7% since last year.
What is the housing market like in Carolina Lakes today?
In October 2024, Carolina Lakes home prices were up 3.5% compared to last year, selling for a median price of $384K. On average, homes in Carolina Lakes sell after 52 days on the market compared to 14 days last year. There were 21 homes sold in October this year, down from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$384,000
+3.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Carolina Lakes, NC
$384,000
+3.5%
United States
To compare other locations to the Carolina Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Spout Springs 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 Carolina Lakes housing market?
Carolina Lakes is very competitive. Homes sell in 32 days.
0
100
70
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 7 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.3%
-0.58 pt YoY | Oct 2024
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 Carolina Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Carolina Lakes.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Carolina Lakes has a minor risk of flooding. 171 properties in Carolina Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Carolina Lakes. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Carolina Lakes has a major risk of wildfire. There are 1,786 properties in Carolina Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Carolina Lakes.
93% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Carolina Lakes has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Carolina Lakes is most at risk from hurricanes. 1,672 properties in Carolina Lakes 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 104 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 116 mph.