Lake Ridge, VA Housing Market
The Lake Ridge housing market is most competitive. The median sale price of a home in Lake Ridge was $508K last month, up 17.3% since last year. The median sale price per square foot in Lake Ridge is $239, up 8.4% since last year.
Lake Ridge Housing Market Trends
In March 2024, Lake Ridge home prices were up 17.3% compared to last year, selling for a median price of $508K. On average, homes in Lake Ridge sell after 8 days on the market compared to 13 days last year. There were 38 homes sold in March this year, down from 48 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 2% above list price and go pending in around 10 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 2% above list price and go pending in around 15 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 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 25 days.
- Hot homescan sell for about 3% 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 Atlanta and Hartford.
- 81% 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 | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for Lake Ridge
Recent offers
- Offer Not Accepted|7 Weeks Ago~$425K OfferSold for $450K3 bd | 2.5 ba | ~1,500 sqftOver List Price1%Days on Market2Competing Offers2Down Payment~30%
- Offer Not Accepted|10 Weeks Ago~$425K OfferSold for $450K4 bd | 3 ba | ~2,000 sqftUnder List Price2%Days on Market8Competing Offers7Down Payment~30%
View houses in Lake Ridge that sold recently
Recently sold homes
- $445,000 Last Sold Price3 beds2.5 baths1,380 sq ft1932 Pohick Creek Ct, Woodbridge, VA 22192(571) 386-1075List Price$425,000Sale to List5% over listDays on Market26 days1932 Pohick Creek Ct, Woodbridge, VA 22192
- $810,000 Last Sold Price5 beds3.5 baths4,544 sq ft12173 Darnley Rd, Woodbridge, VA 22192(571) 921-9755List Price$797,000Sale to List2% over listDays on Market40 days12173 Darnley Rd, Woodbridge, VA 22192
- $345,000 Last Sold Price3 beds2.5 baths1,621 sq ft12767 Cara Dr, Woodbridge, VA 22192(703) 359-7800List Price$329,900Sale to List5% over listDays on Market18 days12767 Cara Dr, Woodbridge, VA 22192
- $411,000 Last Sold Price3 beds2.5 baths1,894 sq ft12600 Kempston Ln, Woodbridge, VA 22192(703) 378-8810List Price$399,900Sale to List3% over listDays on Market26 days12600 Kempston Ln, Woodbridge, VA 22192
- $461,000 Last Sold Price3 beds2.5 baths1,559 sq ft1873 Beegee Ct, Woodbridge, VA 22192(703) 992-0254List Price$435,000Sale to List6% over listDays on Market21 days1873 Beegee Ct, Woodbridge, VA 22192
- $574,000 Last Sold Price3 beds3 baths1,914 sq ft11513 Bertram St, Woodbridge, VA 22192(703) 922-4010 Redfin CorporationList Price$592,000Sale to List3% under listDays on Market59 days11513 Bertram St, Woodbridge, VA 22192
- $752,000 Last Sold Price5 beds3.5 baths3,340 sq ft12551 Cavalier Dr, Woodbridge, VA 22192(703) 935-2308List Price$700,000Sale to List7% over listDays on Market42 days12551 Cavalier Dr, Woodbridge, VA 22192
- $670,000 Last Sold Price4 beds2.5 baths3,260 sq ft12177 Darnley Rd, Woodbridge, VA 22192(703) 535-3610List Price$600,000Sale to List12% over listDays on Market13 days12177 Darnley Rd, 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 | 730 Students | 15 reviews |
7/10 Occoquan Elementary School Public • K-5 | 642 Students | 9 reviews |
7/10 Springwoods Elementary School Public • PreK-5 | 665 Students | 26 reviews |
7/10 Westridge Elementary School Public • PreK-5 | 714 Students | 16 reviews |
7/10 Kerrydale Elementary School Public • PreK-5 | 465 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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