The Lake Manassas housing market is somewhat competitive. The median sale price of a home in Lake Manassas was $945K last month, down 3.0% since last year. The median sale price per square foot in Lake Manassas is $311, up 20.8% since last year.
What is the housing market like in Lake Manassas today?
In March 2024, Lake Manassas home prices were down 3.0% compared to last year, selling for a median price of $945K. On average, homes in Lake Manassas sell after 10 days on the market compared to 40 days last year. There were 5 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$945,000
-3.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Manassas, VA
$945,000
-3.0%
United States
To compare other locations to the Lake Manassas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Gainesville add value to a home.
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How hot is the Lake Manassas housing market?
Lake Manassas is somewhat competitive. Homes sell in 40 days.
0
100
59
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 19 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
104.5%
+5.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lake Manassas, VA
104.5%
+5.4 pt
United States
Home offer insights for Lake Manassas
Explore recent offers and recently sold homes in Lake Manassas
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$1M Offer
Sold for $1.25M
5bd | 4.5ba | ~4,000sqft
Over List Price
0%
Days on Market
5
Competing Offers
—
Down Payment
~20%
Tom Moffett
Lake Manassas Redfin Agent
Submitted offer for $1.2M. Client withdrew the offer after visinting home for a 2nd time. Too much deferred maintnenace.…
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 Manassas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Manassas.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Manassas has a minor risk of flooding. 46 properties in Lake Manassas are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Lake Manassas. Flood risk is increasing slower than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Manassas has a moderate risk of wildfire. There are 219 properties in Lake Manassas that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in Lake Manassas.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Lake Manassas has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Manassas is most at risk from hurricanes. 807 properties in Lake Manassas 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 58 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 72 mph.