The Kempsville Lake housing market is very competitive. The median sale price of a home in Kempsville Lake was $285K last month, up 1.8% since last year. The median sale price per square foot in Kempsville Lake is $209, up 14.8% since last year.
What is the housing market like in Kempsville Lake today?
In March 2024, Kempsville Lake home prices were up 1.8% compared to last year, selling for a median price of $285K. On average, homes in Kempsville Lake sell after 27 days on the market compared to 25 days last year. There were 11 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$285,000
+1.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Kempsville Lake, VA
$285,000
+1.8%
United States
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How hot is the Kempsville Lake housing market?
Kempsville Lake is very competitive. Homes sell in 20 days.
0
100
86
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 6 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 20 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 days.
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 Kempsville Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Kempsville Lake.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Kempsville Lake has a minor risk of flooding. 17 properties in Kempsville Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Kempsville Lake. Flood risk is increasing slower than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Kempsville Lake has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Kempsville Lake is most at risk from hurricanes. 1,491 properties in Kempsville Lake 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 124 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Kempsville Lake has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Kempsville Lake have an Extreme Heat Factor®.
Kempsville Lake is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Kempsville Lake is expected to experience 7