Why Live in Lake of the Woods
Lake of the Woods is a town in the Pinetop-Lakeside area of central Arizona, situated on the Mogollon Rim. The area is characterized by its dense forests, lakes, and proximity to the White Mountains and Apache-Sitgreaves National Forests, making it ideal for outdoor activities such as hiking, fishing, kayaking, and skiing. The town experiences four distinct seasons, offering cooler summers and snowy winters compared to the desert regions of Arizona. Housing options range from manufactured homes in the 55-plus Rim Country Community to lakefront homes and forest cabins, with prices varying widely. Rainbow Lake, the largest lake in the area, provides opportunities for fishing, swimming, and paddling, while the Mogollon Rim offers numerous hiking trails. In winter, residents can ski at Sunrise Park Resort on Mount Baldy, located 35 miles southeast. Dining and shopping are centered along White Mountain Boulevard, with popular spots like Tipsy Hippy Grill and White Mountain Village. The Blue Ridge Unified School District serves the area, with Blue Ridge Junior High and Blue Ridge High receiving high ratings. The annual Pinetop-Lakeside Fall Festival, featuring the Run to the Pines Car Show and a parade, is a major local event. Summit Healthcare, located 5 miles north in Show Low, is a significant employer, with Show Low itself being less than 10 miles away. Residents should be aware of wildfire risks in the Apache-Sitgreaves National Forests, as past fires have come close to the area.
Home Trends in Lake of the Woods, AZ
On average, homes in Lake of the Woods, AZ sell after 72 days on the market compared to the national average of 51 days. The median sale price for homes in Lake of the Woods, AZ over the last 12 months is $405,000, up 9% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$512,000
Average Price Per Sq Ft
$320
Number of Homes for Sale
17
Last 12 months Home Sales
41
Median List Price
$525,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
9%