What is the housing market like in Lake Caroline today?
In April 2024, Lake Caroline home prices were up 12.7% compared to last year, selling for a median price of $400K. On average, homes in Lake Caroline sell after 77 days on the market compared to 37 days last year. There were 3 homes sold in April this year, up from 3 last year.
$379K
Sale Price
$205
Sale $/Sq. Ft.
Over List Price
0%
Days on Market
71
Down Payment
0.0%
Total Homes Sold
2
To compare other locations to the Lake Caroline and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Panama City add value to a home.
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Home offer insights for Lake Caroline
Explore recent offers and recently sold homes in Lake Caroline
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Climate's impact on Lake Caroline housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Caroline.
Risk Factor
Flood Factor - Extreme
80% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Caroline has an extreme risk of flooding. 135 properties in Lake Caroline are likely to be
severely affected
by flooding over the next 30 years. This represents 80% of all properties in Lake Caroline. Flood risk is increasing faster than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Caroline has a minor risk of wildfire. There are 45 properties in Lake Caroline that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in Lake Caroline.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Lake Caroline has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Caroline is most at risk from hurricanes. 311 properties in Lake Caroline 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 174 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 183 mph.