The Lake Edward West housing market is very competitive. The median sale price of a home in Lake Edward West was $237K last month, down 1.4% since last year. The median sale price per square foot in Lake Edward West is $158, down 3.7% since last year.
What is the housing market like in Lake Edward West today?
In October 2024, Lake Edward West home prices were down 1.4% compared to last year, selling for a median price of $237K. On average, homes in Lake Edward West sell after 24 days on the market compared to 10 days last year. There were 3 homes sold in October this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$236,500
-1.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Edward West, VA
$236,500
-1.4%
United States
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How hot is the Lake Edward West housing market?
Lake Edward West is very competitive. Homes sell in 18 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 12 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 18 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 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 Lake Edward West housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Edward West.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Edward West has a minor risk of flooding. 3 properties in Lake Edward West are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Lake Edward West. Flood risk is increasing faster than the national average.
99% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Lake Edward West has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Edward West is most at risk from hurricanes. 413 properties in Lake Edward West 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 123 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 133 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Lake Edward West has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lake Edward West have an Extreme Heat Factor®.
Lake Edward West is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Lake Edward West is expected to experience 8