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 6 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 |
Home offer insights for Lake Ridge
Recent offers
- Offer Not Accepted|6 Weeks Ago~$350K OfferSold for $400K3 bd | 3 ba | ~1,750 sqftUnder List Price7%Days on Market5Competing Offers9OfferAll Cash
- Offer Not Accepted|11 Weeks Ago~$425K OfferSold for $450K3 bd | 2.5 ba | ~1,500 sqftOver List Price1%Days on Market2Competing Offers2Down Payment~30%
View houses in Lake Ridge that sold recently
Recently sold homes
- $581,000 Last Sold Price3 beds3.5 baths2,382 sq ft11456 Corinthia Ct, Woodbridge, VA 22192(703) 763-1950List Price$548,900Sale to List6% over listDays on Market55 days11456 Corinthia Ct, Woodbridge, VA 22192
- $650,000 Last Sold Price3 beds2.5 baths1,913 sq ft4369 Huntley Ct, Woodbridge, VA 22192(703) 763-1950List Price$645,950Sale to List1% over listDays on Market36 days4369 Huntley Ct, Woodbridge, VA 22192
- $588,500 Last Sold Price4 beds3 baths2,080 sq ft4470 Daisy Reid Ave, Woodbridge, VA 22192(571) 921-9755 Redfin CorporationList Price$594,500Sale to List1% under listDays on Market35 days4470 Daisy Reid Ave, Woodbridge, VA 22192
- $600,000 Last Sold Price4 beds3 baths2,284 sq ft3530 Soffit Pl, Lake Ridge, VA 22192(703) 683-0400List Price$565,000Sale to List6% over listDays on Market44 days3530 Soffit Pl, Lake Ridge, VA 22192
- $530,000 Last Sold Price3 beds3.5 baths2,174 sq ft11658 Rumford Ct, Woodbridge, VA 22192(703) 971-5555List Price$530,000Sale to List0% over listDays on Market21 days11658 Rumford Ct, Woodbridge, VA 22192
- $580,000 Last Sold Price3 beds3.5 baths2,320 sq ft12421 Goa Pl, Woodbridge, VA 22192(703) 224-6000List Price$559,900Sale to List4% over listDays on Market43 days12421 Goa Pl, Woodbridge, VA 22192
- $499,000 Last Sold Price3 beds3.5 baths1,931 sq ft11610 Nellings Pl, Woodbridge, VA 22192(571) 921-9755List Price$499,000Sale to List0% over listDays on Market41 days11610 Nellings Pl, Woodbridge, VA 22192
- $935,000 Last Sold Price4 beds3.5 baths4,919 sq ft12734 Knightsbridge Dr, Woodbridge, VA 22192(866) 825-7169List Price$875,000Sale to List7% over listDays on Market35 days12734 Knightsbridge 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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