The Lake Lorraine housing market is somewhat competitive. The median sale price of a home in Lake Lorraine was $473K last month, up 12.5% since last year. The median sale price per square foot in Lake Lorraine is $216, up 1.2% since last year.
What is the housing market like in Lake Lorraine today?
In October 2024, Lake Lorraine home prices were up 12.5% compared to last year, selling for a median price of $473K. On average, homes in Lake Lorraine sell after 60 days on the market compared to 66 days last year. There were 10 homes sold in October this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$472,500
+12.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Lorraine, FL
$472,500
+12.5%
United States
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How hot is the Lake Lorraine housing market?
Lake Lorraine is somewhat competitive. Homes sell in 57 days.
0
100
46
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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 38 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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 Lake Lorraine housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Lorraine.
Flood Factor - Minor
55% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Lorraine has a minor risk of flooding. 915 properties in Lake Lorraine are likely to be
severely affected
by flooding over the next 30 years. This represents 55% of all properties in Lake Lorraine. Flood risk is increasing faster than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Lorraine has a moderate risk of wildfire. There are 2,232 properties in Lake Lorraine that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in Lake Lorraine.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Lorraine has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Lorraine is most at risk from hurricanes. 3,127 properties in Lake Lorraine 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 179 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 189 mph.