Lake Ridge Real Estate Market

Lake Ridge Market

The median sale price for homes in Lake Ridge over the last 12 months is $240,208.


The median mortgage debt is $182,796.

Additional Statistics for Single Family Homes and Condos in Lake Ridge, VA
$368,430
Median Listing Price
258
Median Days on Market
4
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
Lake Ridge, VA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lake Ridge was $550,000. The list prices increased by 2.32% from the previous month.

The price per square foot for listings in this area is $205.

Chart Temporarily Unavailable
Lake Ridge, VA Market Inventory Trends

The number of active listings in Lake Ridge dropped by 50% from the previous month.

The median number of days active properties have been listed is 49. This is significantly shorter than the national average.

Chart Temporarily Unavailable
Lake Ridge, VA Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.