The Mustang Lakes housing market is not very competitive. The median sale price of a home in Mustang Lakes was $952K last month, up 35.6% since last year. The median sale price per square foot in Mustang Lakes is $286, up 11.5% since last year.
What is the housing market like in Mustang Lakes today?
In March 2024, Mustang Lakes home prices were up 35.6% compared to last year, selling for a median price of $952K. On average, homes in Mustang Lakes sell after 67 days on the market compared to 74 days last year. There were 22 homes sold in March this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$952,436
+35.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Mustang Lakes, TX
$952,437
+35.6%
United States
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How hot is the Mustang Lakes housing market?
Mustang Lakes is not very competitive. Homes sell in 65 days.
0
100
29
Not 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
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 27 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 Mustang Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mustang Lakes.
Risk Factor
Flood Factor - Minor
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mustang Lakes has a minor risk of flooding. 12 properties in Mustang Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Mustang 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
Mustang Lakes has a major risk of wildfire. There are 1,047 properties in Mustang Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Mustang Lakes.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Mustang Lakes has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Mustang Lakes is most at risk from hurricanes. 1,048 properties in Mustang 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.