The Lake Estates housing market is not very competitive. The median sale price of a home in Lake Estates was $1.2M last month, down 6.5% since last year. The median sale price per square foot in Lake Estates is $581, down 13.5% since last year.
What is the housing market like in Lake Estates today?
In November 2024, Lake Estates home prices were down 6.5% compared to last year, selling for a median price of $1.2M. On average, homes in Lake Estates sell after 245 days on the market compared to 40 days last year. There were 3 homes sold in November this year, up from 1 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,225,000
-6.5% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Lake Estates, FL
$1,225,000
-6.5%
United States
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How hot is the Lake Estates housing market?
Lake Estates is not very competitive. Homes sell in 45 days.
0
100
26
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 12 months
Multiple offers are rare.
The average homes sell for about 1% below list price and go pending in around 45 days.
Hot homes
can sell for around list price and go pending in around 22 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 Lake Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Estates.
Flood Factor - Minor
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Estates has a minor risk of flooding. 23 properties in Lake Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in Lake Estates. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Estates has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Estates is most at risk from hurricanes. 252 properties in Lake Estates 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 186 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 195 mph.