Lake Forest Market Report

Live Orange County Data

Download PDF Report Price Index: 86.7 · Premium-Priced (Thin data) (+15.1% vs. comparable)
$1,200,000* Median Price
$1,173,200* Avg Price
$352* Avg $/sqft
$551,000 Low
$1,725,000 High
5 Sales (12mo)
~343* Homesites
~1.5%* Annual Turnover
* Pricing excludes 0 townhome sales to reflect single-family home values. All sales are included in the sales count.
$1,069,000 Median Assessed
$14,814 Est. Annual Tax
$1,234 Est. Monthly Tax
$1.3858 Rate per $100
89.1% Assessment-to-Sale
Land 41% — $435,000 Building 59% — $598,700
Orange County $0.8598 + Chapel Hill $0.526 = $1.3858 per $100

Data source: Orange County Public Records · Generated live · Prepared by Costello Real Estate & Investments Triangle, LLC

Avg $/sqft — 12-Month Trend

Location

Recent Sales

Address Price Sqft $/sqft Year Built Sale Date
1222 HOMESTEAD RD $551,000 2960 $186 1959 2026-02-25
9437 CHERRYVALE LN $1,200,000 4420 $271 1994 2025-12-14
203 OLD FRANKLIN GROVE DR $1,725,000 3196 $540 1969 2025-09-29
800 SHADYLAWN DR $1,400,000 2928 $478 1962 2025-08-19
609 BROOKVIEW DR $990,000 3480 $284 1970 2025-07-23

Explore the Area

About This Neighborhood

26 public · 13 private within 5 mi Grades from NC DPI (2024)

Population
4,703
Median Age
37.7
Median HH Income
$95,677
Per Capita Income
$69,266
Median Home Value
$616,500
Median Rent
$1,734/mo
Homeownership
52.6%
Vacancy Rate
2.4%
Bachelor's+
85.5%
Work From Home
36.8%
Mean Commute
20.7 min

Source: U.S. Census Bureau, ACS 2023 5-Year Estimates (Tract 37135011902). Data reflects the surrounding census tract, which may extend beyond this neighborhood.

School

  • Estes Hills Elementary School 0.5 mi
  • Phillips Middle School 0.6 mi
  • East Chapel Hill High School 1.4 mi
  • Ephesus Elementary School 1.4 mi
  • Northside School 2.2 mi

Restaurant

  • Red Pepper 0.8 mi
  • Clean Juice 0.8 mi
  • Twisted Noodles 0.8 mi
  • Il Palio 0.9 mi
  • Living Kitchen 0.9 mi

Grocery

  • Whole Foods Market 0.8 mi
  • ALDI 0.9 mi
  • Trader Joe's 0.9 mi
  • Mariakakis Fine Food & Wine 1.0 mi
  • Food Lion 1.0 mi

Medical

  • Medfirst 0.9 mi
  • Walgreens 0.9 mi
  • CVS Pharmacy 2.2 mi
  • CVS Pharmacy 2.4 mi
  • Walgreens 2.6 mi

Park

  • Pritchard Park 0.7 mi
  • North Forest Hills Park 0.9 mi
  • Community Center Park 1.2 mi
  • Chapel Hill Memorial Cemetery 1.4 mi
  • Ephesus Park 1.5 mi

Shopping

  • Target 2.4 mi
  • Marshalls 2.5 mi

This report is for informational purposes only and is not a substitute for professional real estate advice. Data reflects recent sales from Orange County public records and may contain inaccuracies. Always consult a licensed real estate professional before making buying or selling decisions. Prepared by Costello Real Estate & Investments Triangle, LLC.

Stay informed on Lake Forest

Create a free account for weekly email digests — or reach out for expert guidance.

Create Free Account Get In Touch
Back to Neighborhood Reports