The Lakewood Forest housing market is somewhat competitive. The median sale price of a home in Lakewood Forest was $405K last month, up 13.3% since last year. The median sale price per square foot in Lakewood Forest is $128, up 3.2% since last year.
What is the housing market like in Lakewood Forest today?
In April 2024, Lakewood Forest home prices were up 13.3% compared to last year, selling for a median price of $405K. On average, homes in Lakewood Forest sell after 32 days on the market compared to 42 days last year. There were 11 homes sold in April this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$405,000
+13.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lakewood Forest, TX
$405,000
+13.3%
United States
To compare other locations to the Lakewood Forest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
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How hot is the Lakewood Forest housing market?
Lakewood Forest is somewhat competitive. Homes sell in 31 days.
0
100
56
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 13 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lakewood Forest, TX
97.7%
-0.9 pt
United States
Home offer insights for Lakewood Forest
Explore recent offers and recently sold homes in Lakewood Forest
Recent offers
Schools in Lakewood Forest
Learn about schools in the Lakewood Forest area
Elementary
Middle
High
GreatSchools Rating
8/10
Lakewood Elementary School
Public • PreK-4
783
Students
13 reviews
5/10
Moore Elementary School
Public • PreK-5
907
Students
10 reviews
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 Lakewood Forest housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lakewood Forest.
Risk Factor
Flood Factor - Minor
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lakewood Forest has a minor risk of flooding. 114 properties in Lakewood Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Lakewood Forest. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lakewood Forest has a minor risk of wildfire. There are 328 properties in Lakewood Forest that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in Lakewood Forest.
98% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Lakewood Forest has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lakewood Forest is most at risk from hurricanes. 1,749 properties in Lakewood Forest 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 131 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 143 mph.
64% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Lakewood Forest has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 64% of homes in Lakewood Forest have an Extreme Heat Factor®.
Lakewood Forest is expected to see a 228% increase in the number of days over 110ºF over the next 30 years. Lakewood Forest is expected to experience 7