Lake Forest, CA Housing Market
The Lake Forest housing market is very competitive. Homes in Lake Forest receive 6 offers on average and sell in around 29 days. The median sale price of a home in Lake Forest was $1.4M last month, up 51.4% since last year. The median sale price per square foot in Lake Forest is $665, up 8.3% since last year.
Lake Forest Housing Market Trends
In April 2024, Lake Forest home prices were up 51.4% compared to last year, selling for a median price of $1.4M. On average, homes in Lake Forest sell after 29 days on the market compared to 30 days last year. There were 69 homes sold in April this year, down from 77 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake Forest housing market?
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 29 days.
- Hot homescan sell for about 5% above list price and go pending in around 15 days.
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 23 days.
- Hot homescan sell for about 6% above list price and go pending in around 13 days.
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 25 days.
- Hot homescan sell for about 5% above list price and go pending in around 13 days.
Lake Forest Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Lake Forest from outside metros.
- San Francisco homebuyers searched to move into Lake Forest more than any other metro followed by New York and Seattle.
- 79% of Lake Forest homebuyers searched to stay within the Lake Forest metropolitan area.
- San Diego was the most popular destination among Lake Forest homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,361 | ||
2 | 1,791 | ||
3 | 276 | ||
4 | 32 | ||
5 | 16 | ||
6 | 16 | ||
7 | 11 | ||
8 | 11 | ||
9 | 6 | ||
10 | 6 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 12,739 | ||
2 | 6,357 | ||
3 | 3,917 | ||
4 | 3,856 | ||
5 | 2,554 | ||
6 | 2,168 | ||
7 | 1,978 | ||
8 | 1,646 | ||
9 | 1,611 | ||
10 | 1,528 |
Home offer insights for Lake Forest
Recent offers
- Offer Not Accepted|6 Weeks Ago~$800K OfferSold for $850K3 bd | 2 ba | ~1,250 sqftOver List Price0%Days on Market28Competing Offers2Down Payment<10%
- Offer Not Accepted|6 Weeks Ago~$1M OfferSold for $1.25M7 bd | 3 ba | ~3,500 sqftOver List Price7%Days on Market5Competing Offers23OfferAll Cash
- Offer Not Accepted|8 Weeks Ago~$2M OfferSold for $2M4 bd | 4.5 ba | ~3,500 sqftOver List Price8%Days on Market5Competing Offers5Down Payment~40%
View houses in Lake Forest that sold recently
Recently sold homes
- $725,000 Last Sold Price3 beds2 baths1,104 sq ft343 Chaumont Cir, Lake Forest, CA 92610RedfinList Price$725,000Sale to List0% over listDays on Market25 days343 Chaumont Cir, Lake Forest, CA 92610
- $2,320,000 Last Sold Price4 beds4 baths2,697 sq ft12 Lark, Lake Forest, CA 92630List Price$2,089,000Sale to List11% over listDays on Market33 days12 Lark, Lake Forest, CA 92630
- $1,329,000 Last Sold Price3 beds2.5 baths1,758 sq ft22102 Bellcroft Dr, Lake Forest, CA 92630CENTURY 21 AffiliatedList Price$1,359,000Sale to List2% under listDays on Market34 days22102 Bellcroft Dr, Lake Forest, CA 92630
- $1,129,000 Last Sold Price3 beds3.5 baths1,817 sq ft107 Alder Rdg, Lake Forest, CA 92610First Team Real EstateList Price$1,129,000Sale to List0% over listDays on Market54 days107 Alder Rdg, Lake Forest, CA 92610
- $1,270,000 Last Sold Price4 beds3.5 baths2,020 sq ft379 Bellver, Lake Forest, CA 92630Signature One Realty Group, IncList Price$1,298,000Sale to List2% under listDays on Market33 days379 Bellver, Lake Forest, CA 92630
- $1,458,000 Last Sold Price4 beds3 baths3,123 sq ft21371 Avenida Manantial, Lake Forest, CA 92630List Price$1,525,000Sale to List4% under listDays on Market64 days21371 Avenida Manantial, Lake Forest, CA 92630
- $650,000 Last Sold Price2 beds1.5 baths806 sq ft22887 Leo Ln #53, Lake Forest, CA 92630List Price$555,000Sale to List17% over listDays on Market38 days22887 Leo Ln #53, Lake Forest, CA 92630
- $1,235,000 Last Sold Price4 beds3.5 baths2,152 sq ft610 Shadowbrook, Lake Forest, CA 92610List Price$1,250,000Sale to List1% under listDays on Market49 days610 Shadowbrook, Lake Forest, CA 92610
See all recently sold homes in Lake Forest.
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Schools in Lake Forest
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Castille Elementary School Public • K-5 | 528 Students | 12 reviews |
9/10 Portola Springs Elementary Public • K-6 | 428 Students | 16 reviews |
9/10 Portola Hills Elementary School Public • K-6 | 666 Students | 12 reviews |
8/10 Philip J. Reilly Elementary Public • K-5 | 411 Students | 14 reviews |
8/10 Cadence Park Public • K-8 | 490 Students | 9 reviews |
Climate's impact on Lake Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Forest.
Flood Factor - Minor
Flood Factor
Fire Factor - Major
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Major
Heat Factor
Transportation in Lake Forest
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Bike Score®
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