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Featured local agent — Lake View, AL
Sarah Mitchell
Compass Real Estate · Lake View, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake View, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$305,400median sale price
How is the Lake View, AL housing market right now?
The median home sale price in Lake View, AL is $305,400, down 11.4% year-over-year. Homes sell in an average of 95 days with 21 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake View a buyer's or seller's market?
Lake View, AL is currently a balanced market, based on 3.5 months of supply and homes selling in about 95 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
95
Average pace
Active listings
21
3.5 months supply
Sale-to-list
99.5%
Below asking
What does the Lake View housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $305,400 |
| Median list price | $364,900 |
| Year-over-year price change | -11.4% |
| Average days on market | 95 days |
| Active inventory | 21 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $166/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 9 |
| Listings with a price cut | 38.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lake View by property type?
How the Lake View, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $305,400 | $166/sq ft | 6 | 95 days |
Source: Redfin · Updated monthly
The Lake View housing market is currently classified as a balanced market with a median sale price of $305,400. Prices have fallen 11.4% compared to last year, with homes spending an average of 95 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lake View
There are currently 21 homes listed for sale in Lake View, Alabama. The median listing price is $365K.
Active listings
21
Homes on market
Median list price
$365K
Avg. days on market
95
Days until sale
New this week
9
Newly listed
Who lives in Lake View?
Population
4,238
Median income
$96,409/yr
Median age
38.1 years
Owner-occupied
95.7%
College grads
32.9%
Avg commute
35 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake View?
Lake View is a community of approximately 4K residents with a median age of 38.1 years.The median household income is $96,409, which reflects a relatively affluent area with strong earning potential. 32.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 95.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 35 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake View offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake View, AL?
Want a head-to-head view? Compare Lake View side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake View?
The median home sale price in Lake View is $305,400, down 11.4% from last year.
How long do homes stay on market in Lake View?
Homes typically spend 95 days on market before going under contract.
What is the median income in Lake View?
The median household income is $96,409 per year.
Is Lake View a buyer's or seller's market?
With 3.5 months of supply, Lake View is currently a balanced market.
How much does a single-family home cost in Lake View?
The median single-family home price in Lake View, AL is $305,400 (about $166 per square foot).
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