The East Lake housing market is not very competitive. The median sale price of a home in East Lake was $90K last month, up 63.6% since last year. The median sale price per square foot in East Lake is $59, down 13.9% since last year.
What is the housing market like in East Lake today?
In March 2024, East Lake home prices were up 63.6% compared to last year, selling for a median price of $90K. On average, homes in East Lake sell after 95 days on the market compared to 62 days last year. There were 19 homes sold in March this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$90,000
+63.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
East Lake, AL
$90,000
+63.6%
United States
To compare other locations to the East Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Birmingham add value to a home.
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How hot is the East Lake housing market?
East Lake is not very competitive. Homes sell in 80 days.
0
100
22
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 6 months
Multiple offers are rare.
The average homes sell for about 7% below list price and go pending in around 80 days.
Hot homes
can sell for around list price and go pending in around 42 days.
Homes in this area are served by the Higdon Hill School.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Robinson Elementary School
Public • PreK-5
448
Students
6 reviews
2/10
Barrett Elementary School
Public • PreK-5
449
Students
5 reviews
NR
Higdon Hill School
Public • N/A • Choice school
-
Students
N/A
NR
Higdon Hill School
Public • N/A
-
Students
N/A
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 East Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in East Lake.
Risk Factor
Flood Factor - Major
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
East Lake has a major risk of flooding. 952 properties in East Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in East Lake. Flood risk is increasing slower than the national average.
56% of properties are at risk of wildfire over the next 30 years
Fire Factor
East Lake has a moderate risk of wildfire. There are 2,744 properties in East Lake that have some risk of being affected by wildfire over the next 30 years. This represents 56% of all properties in East Lake.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
East Lake has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. East Lake is most at risk from hurricanes. 4,893 properties in East Lake 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.