The Larchmont-Edgewater housing market is very competitive. The median sale price of a home in Larchmont-Edgewater was $530K last month, up 20.3% since last year. The median sale price per square foot in Larchmont-Edgewater is $222, down 0.45% since last year.
What is the housing market like in Larchmont-Edgewater today?
In May 2024, Larchmont-Edgewater home prices were up 20.3% compared to last year, selling for a median price of $530K. On average, homes in Larchmont-Edgewater sell after 14 days on the market compared to 14 days last year. There were 27 homes sold in May this year, down from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$530,000
+20.3% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Larchmont-Edgewater, VA
$530,000
+20.3%
United States
To compare other locations to the Larchmont-Edgewater and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norfolk add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Larchmont-Edgewater housing market?
Larchmont-Edgewater is very competitive. Homes sell in 14 days.
0
100
87
Very Competitive
Redfin Compete Score™
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 2% above list price and go pending in around 14 days.
Hot homes
can sell for about 3% above list price and go pending in around 10 days.
Learn about schools in the Larchmont-Edgewater area
Elementary
Middle
High
GreatSchools Rating
6/10
Larchmont Elementary School
Public • PreK-5
467
Students
15 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Larchmont-Edgewater housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Larchmont-Edgewater.
Risk Factor
Flood Factor - Extreme
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Larchmont-Edgewater has an extreme risk of flooding. 1,646 properties in Larchmont-Edgewater are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Larchmont-Edgewater. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Larchmont-Edgewater has a minor risk of wildfire. There are 10 properties in Larchmont-Edgewater that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Larchmont-Edgewater.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Larchmont-Edgewater has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Larchmont-Edgewater is most at risk from hurricanes. 2,011 properties in Larchmont-Edgewater have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 142 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 160 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Larchmont-Edgewater has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Larchmont-Edgewater have an Extreme Heat Factor®.
Larchmont-Edgewater is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Larchmont-Edgewater is expected to experience 8