The Dry Pond-Lake Forest housing market is somewhat competitive. The median sale price of a home in Dry Pond-Lake Forest was $272K last month, up 6.9% since last year. The median sale price per square foot in Dry Pond-Lake Forest is $362, up 32.1% since last year.
What is the housing market like in Dry Pond-Lake Forest today?
In January 2025, Dry Pond-Lake Forest home prices were up 6.9% compared to last year, selling for a median price of $272K. On average, homes in Dry Pond-Lake Forest sell after 35 days on the market compared to 38 days last year. There were 21 homes sold in January this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$272,000
+6.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Dry Pond-Lake Forest, NC
$272,000
+6.9%
United States
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How hot is the Dry Pond-Lake Forest housing market?
Dry Pond-Lake Forest is somewhat competitive. Homes sell in 35 days.
0
100
53
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 35 days.
Hot homes
can sell for about 1% below list price and go pending in around 19 days.
Learn about schools in the Dry Pond-Lake Forest area
Elementary
Middle
High
GreatSchools Rating
5/10
Sunset Park Elementary
Public • K-5
386
Students
2 reviews
NR
Lake Forest Academy
Public • K-8
34
Students
1 reviews
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 Dry Pond-Lake Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Dry Pond-Lake Forest.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Dry Pond-Lake Forest has a minor risk of flooding. 269 properties in Dry Pond-Lake Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Dry Pond-Lake Forest. Flood risk is increasing slower than the national average.
85% of properties are at risk of wildfire over the next 30 years
Fire Factor
Dry Pond-Lake Forest has a moderate risk of wildfire. There are 1,937 properties in Dry Pond-Lake Forest that have some risk of being affected by wildfire over the next 30 years. This represents 85% of all properties in Dry Pond-Lake Forest.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Dry Pond-Lake Forest has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Dry Pond-Lake Forest is most at risk from hurricanes. 2,257 properties in Dry Pond-Lake Forest 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 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 138 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Dry Pond-Lake Forest has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Dry Pond-Lake Forest have an Extreme Heat Factor®.
Dry Pond-Lake Forest is expected to see a 171% increase in the number of days over 105ºF over the next 30 years. Dry Pond-Lake Forest is expected to experience 7