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 32 days. The median sale price of a home in Lake Forest was $1.2M last month, up 22.3% since last year. The median sale price per square foot in Lake Forest is $635, up 9.9% since last year.
Lake Forest Housing Market Trends
In March 2024, Lake Forest home prices were up 22.3% compared to last year, selling for a median price of $1.2M. On average, homes in Lake Forest sell after 32 days on the market compared to 33 days last year. There were 83 homes sold in March this year, up from 79 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 30 days.
- Hot homescan sell for about 6% 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 5% 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 26 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.
- 80% 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 | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
View houses in Lake Forest that sold recently
Recently sold homes
- $1,688,000 Last Sold Price4 beds4 baths2,796 sq ft551 Catalonia, Lake Forest, CA 92630Realty One Group WestList Price$1,688,000Sale to List0% over listDays on Market37 days551 Catalonia, Lake Forest, CA 92630
- $1,400,000 Last Sold Price3 beds2.5 baths1,705 sq ft36 Clover, Lake Forest, CA 92630List Price$1,375,000Sale to List2% over listDays on Market26 days36 Clover, Lake Forest, CA 92630
- $1,860,000 Last Sold Price4 beds3 baths2,088 sq ft131 Holliston, Lake Forest, CA 92630List Price$1,695,000Sale to List10% over listDays on Market46 days131 Holliston, Lake Forest, CA 92630
- $1,600,000 Last Sold Price3 beds3.5 baths2,894 sq ft135 Denali, Lake Forest, CA 92630List Price$1,599,900Sale to List0% over listDays on Market62 days135 Denali, Lake Forest, CA 92630
- $1,332,599 Last Sold Price4 beds2.5 baths2,100 sq ft31 Fairfield, Lake Forest, CA 92610Coldwell Banker RealtyList Price$1,323,800Sale to List1% over listDays on Market62 days31 Fairfield, Lake Forest, CA 92610
- $2,860,000 Last Sold Price5 beds5.5 baths3,814 sq ft1676 sonora creek Ln, Lake Forest, CA 92610List Price$2,860,000Sale to List0% over listDays on Market0 days1676 sonora creek Ln, Lake Forest, CA 92610
- $2,300,000 Last Sold Price4 beds4 baths2,728 sq ft200 Amber Oak, Lake Forest, CA 92630List Price$2,300,000Sale to List0% over listDays on Market266 days200 Amber Oak, Lake Forest, CA 92630
- $2,860,000 Last Sold Price5 beds5 baths3,711 sq ft140 Royal, Lake Forest, CA 92630Keller Williams Realty IrvineList Price$2,799,900Sale to List2% over listDays on Market29 days140 Royal, Lake Forest, CA 92630
See all recently sold homes in Lake Forest.
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Schools in Lake Forest
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Philip J. Reilly Elementary Public • K-5 | 480 Students | 14 reviews |
8/10 Portola Hills Elementary School Public • K-6 | 674 Students | 12 reviews |
8/10 Castille Elementary School Public • K-5 | 547 Students | 12 reviews |
7/10 Del Cerro Elementary School Public • K-6 | 454 Students | 19 reviews |
7/10 Portola Springs Elementary Public • K-6 • Choice school | 1030 Students | 12 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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