Lake Ridge, VA Housing Market
The Lake Ridge housing market is most competitive. The median sale price of a home in Lake Ridge was $523K last month, up 17.5% since last year. The median sale price per square foot in Lake Ridge is $251, up 10.5% since last year.
Lake Ridge Housing Market Trends
In April 2024, Lake Ridge home prices were up 17.5% compared to last year, selling for a median price of $523K. On average, homes in Lake Ridge sell after 5 days on the market compared to 12 days last year. There were 40 homes sold in April this year, up from 38 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake Ridge housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 8 days.
- Hot homescan sell for about 6% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 16 days.
- Hot homescan sell for about 5% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 23 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
Lake Ridge Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Lake Ridge from outside metros.
- New York homebuyers searched to move into Lake Ridge more than any other metro followed by Hartford and Atlanta.
- 82% of Lake Ridge homebuyers searched to stay within the Lake Ridge metropolitan area.
- Salisbury was the most popular destination among Lake Ridge homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
View houses in Lake Ridge that sold recently
Recently sold homes
- $650,000 Last Sold Price5 beds2.5 baths2,118 sq ft12204 Redwood Ct, Woodbridge, VA 22192(540) 735-9176List Price$624,900Sale to List4% over listDays on Market39 days12204 Redwood Ct, Woodbridge, VA 22192
- $412,000 Last Sold Price3 beds3 baths1,728 sq ft3581 Sherbrooke Cir, Woodbridge, VA 22192(703) 253-8505List Price$375,000Sale to List10% over listDays on Market44 days3581 Sherbrooke Cir, Woodbridge, VA 22192
- $795,000 Last Sold Price4 beds3 baths4,204 sq ft3956 Triad Ct, Woodbridge, VA 22192(703) 652-5760List Price$799,999Sale to List1% under listDays on Market43 days3956 Triad Ct, Woodbridge, VA 22192
- $500,000 Last Sold Price3 beds3 baths1,627 sq ft313 Overlook Dr #313, Occoquan, VA 22125(703) 250-8500List Price$475,000Sale to List5% over listDays on Market40 days313 Overlook Dr #313, Occoquan, VA 22125
- $510,000 Last Sold Price4 beds3.5 baths2,015 sq ft11353 Cromwell Ct, Woodbridge, VA 22192(703) 658-3999List Price$489,900Sale to List4% over listDays on Market19 days11353 Cromwell Ct, Woodbridge, VA 22192
- $510,000 Last Sold Price5 beds2 baths1,728 sq ft12604 Oakwood Dr, Woodbridge, VA 22192(703) 378-8810List Price$500,000Sale to List2% over listDays on Market27 days12604 Oakwood Dr, Woodbridge, VA 22192
- $521,000 Last Sold Price3 beds3.5 baths1,872 sq ft12365 Manchester Way, Woodbridge, VA 22192(877) 366-2213List Price$485,000Sale to List7% over listDays on Market34 days12365 Manchester Way, Woodbridge, VA 22192
- $267,000 Last Sold Price2 beds2 baths1,075 sq ft12763 Cara Dr, Woodbridge, VA 22192(703) 496-4988List Price$250,000Sale to List7% over listDays on Market32 days12763 Cara Dr, Woodbridge, VA 22192
See all recently sold homes in Lake Ridge.
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Schools in Lake Ridge
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Old Bridge Elementary School Public • PreK-5 | 475 Students | 15 reviews |
7/10 Westridge Elementary School Public • PreK-5 | 660 Students | 16 reviews |
6/10 Kerrydale Elementary School Public • PreK-5 | 352 Students | 13 reviews |
6/10 Lake Ridge Elementary School Public • PreK-5 | 666 Students | 12 reviews |
6/10 Rockledge Elementary School Public • PreK-5 | 491 Students | 10 reviews |
Climate's impact on Lake Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Ridge.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Lake Ridge
Walk Score®
Bike Score®
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