New Listing
$423,500
12750 Gazebo Ct
Lake Ridge, VA 22192
3 bd3 ba2,037 sqft$208/ft²
Townhouse2,914 sqft lot
Aaron Probasco · Samson Properties
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Lake Ridge, VA Housing Market
Strong seller's market-1.9% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $532,500, -1.9% year over year (through May 2026). With 1.4 months of supply and homes going under contract in about 33 days, Lake Ridge is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $532,500 home is about $2,843/mo in principal and interest.
Key numbers for Lake Ridge, VA
Median sale price
$532,500
-1.9% year over year
Redfin, through May 2026
Days on market
33
Average pace
Redfin, through May 2026
Active listings
77
1.4 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$120,844
Home costs 4.4x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.1%
Selling above asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Lake Ridge a buyer's or seller's market?
Strong seller's market1.4 months of supply33 days on market100.1% of asking
Lake Ridge, VA is a strong seller's market, based on 1.4 months of supply and homes selling in about 33 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Lake Ridge housing market data show?
Every row below is Redfin's final published month for Lake Ridge, VA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $532,500 |
| Median list price | $505,000 |
| Year-over-year price change | -1.9% |
| Median price per sq ft | $258/sq ft |
| Median days on market | 33 days |
| Active inventory | 77 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 100.1% |
| Homes sold (that month) | 56 |
| New listings (that month) | 60 |
| Listings with a price cut | 22.1% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Lake Ridge is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Lake Ridge is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Lake Ridge home prices moved?
Over the last three years the median sale price in Lake Ridge, VA rose 9.3%, from $487,400 to $532,500. 22.1% of Lake Ridge listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.4 months while the sale-to-list ratio slips below its current 100.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Lake Ridge?
Priced off the median sale price of $532,500 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $106,500 | $426,000 | $2,843/mo |
| 5% | $26,625 | $505,875 | $3,376/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,843, that implies roughly $121,833 a year before you add taxes and insurance. The median household in Lake Ridge earns $120,844, about $989 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.4x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Lake Ridge in the next 12 months?
Tell us your timeline. We send the Lake Ridge market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Lake Ridge?
Zillow does not publish a rent index (ZORI) for Lake Ridge, VA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Lake Ridge?
Active listings in Lake Ridge, VA went from 68 in May 2025 to 77 in May 2026, a +13.2% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 72 | 59 |
| July 2025 | 85 | 61 |
| August 2025 | 71 | 41 |
| September 2025 | 78 | 45 |
| October 2025 | 76 | 44 |
| November 2025 | 56 | 28 |
| December 2025 | 43 | 22 |
| January 2026 | 41 | 28 |
| February 2026 | 49 | 40 |
| March 2026 | 60 | 57 |
| April 2026 | 83 | 66 |
| May 2026 | 77 | 60 |
Redfin, through May 2026
How does Lake Ridge compare to Virginia and the U.S.?
Lake Ridge homes sell for $532,500 — 7% above the Virginia median of $499,300. Against the national median of $410,700, Lake Ridge runs 30% higher. Year-over-year, Lake Ridge moved -1.9% against Virginia's +3.9% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Lake Ridge, VA | $532,500 | -1.9% | 33 days |
| Virginia statewide | $499,300 | +3.9% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Lake Ridge
What buyers should watch
- Months of supply, currently 1.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 22.1%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $533 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $532,500 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Lake Ridge listing goes under contract in 33 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.1% of asking. Price at the number you want and let competition do the rest.
- In the last published month Lake Ridge added 60 new listings against 56 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Lake Ridge varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Lake Ridge
There are currently 77 homes listed for sale in Lake Ridge, Virginia. The median listing price is $505K. Featured listings range from $423,500 to $995,000.
New Listing
31
$430,000
12800 Tumbling Brook Ln
Lake Ridge, VA 22192
3 bd3 ba1,788 sqft$240/ft²
Townhouse2,988 sqft lot
Victor Abdelnour · Samson Properties
View photos & details
New Listing
$490,000
12738 Inverness Way
Lake Ridge, VA 22192
3 bd4 ba2,102 sqft$233/ft²
Townhouse2,600 sqft lot
Laura Grande · Impact Real Estate, LLC
View photos & details
New Listing
30
$515,000
3263 Corcyra Ct
Lake Ridge, VA 22192
3 bd4 ba2,126 sqft$242/ft²
Townhouse1,498 sqft lot
Laura Lamb · Samson Properties
View photos & details
New Listing
2
$535,000
11539 Bertram St
Lake Ridge, VA 22192
3 bd4 ba1,902 sqft$281/ft²
Townhouse1,681 sqft lot
Jennifer Armknecht · Century 21 Redwood Realty
View photos & details
New Listing
9
$585,000
12679 Stone Lined Cir
Lake Ridge, VA 22192
4 bd4 ba2,140 sqft$273/ft²
Townhouse1,589 sqft lot
Kinder Saund · Kinder-Realty
View photos & details
New Listing
64
$635,000
12705 Bedford Glen Way
Lake Ridge, VA 22192
3 bd4 ba2,822 sqft$225/ft²
Townhouse1,890 sqft lot
ANIL KHANNA · Pearson Smith Realty, LLC
View photos & details
New Listing
26
$649,000
12801 Rockwood Ln
Lake Ridge, VA 22192
4 bd3 ba1,938 sqft$335/ft²
House1.10 acres
Adam Elnagdy · RLAH @properties
View photos & details
New Listing
43
$650,000
12011 Governors Ct
Lake Ridge, VA 22192
5 bd4 ba2,614 sqft$249/ft²
House26,136 sqft lot
Margaret Czapiewski · EXP Realty, LLC
View photos & details
New Listing
$849,000
12328 Hollyhock Ct
Lake Ridge, VA 22192
4 bd3 ba3,780 sqft$225/ft²
House16,517 sqft lot
Amy Wallace-Adams · Berkshire Hathaway HomeServices PenFed Realty
View photos & details
New Listing
49
$950,000
12760 Quarterhorse Ln
Lake Ridge, VA 22192
4 bd4 ba4,863 sqft$195/ft²
House15,716 sqft lot
Joseph Dedekind · LPT Realty, LLC
View photos & details
New Listing
$995,000
1663 Georges Knoll Ct
Lake Ridge, VA 22192
6 bd6 ba4,856 sqft$205/ft²
House10,698 sqft lot
Utpal Saha · SR Investments & Realtors, LLC
View photos & details
Looking to buy in Lake Ridge?
Get connected with a local real estate expert — free, no obligation.
Active listings
77
Homes on market
Median list price
$505K
Avg. days on market
33
Days until sale
New this week
60
Newly listed
Price drops:22.1%of listings
Sale-to-list:100.1%
How much do homes cost in Lake Ridge by property type?
How the Lake Ridge, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $730,000 | $249/sq ft | 25 | 31 days |
| Condo / co-op | $305,000 | $283/sq ft | 1 | 104 days |
| Townhouse | $465,500 | $262/sq ft | 30 | 33 days |
Who lives in Lake Ridge?
American Community Survey estimates for Lake Ridge. U.S. Census ACS, 2023
Population
45,007
Households
15,732
Median income
$120,844/yr
Median age
37.4 years
Owner-occupied
76.1%
Median home value
$452,800
Median gross rent
$2,011/mo
Mean commute
38.5 min
76.1% of occupied homes in Lake Ridge are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Lake Ridge, VA?
Ordered by distance from Lake Ridge, not by size. Compare Lake Ridge side by side with any of them.
Which ZIP codes are in Lake Ridge?
These are the ZIP codes we see on active Lake Ridge listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Lake Ridge housing market FAQ
Is Lake Ridge a buyer's or seller's market?
Lake Ridge, VA is currently a strong seller's market. That read comes from 1.4 months of supply, homes going under contract in about 33 days, and sellers getting 100.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Lake Ridge?
The median sale price in the last month Redfin published was $532,500, about $258 per square foot.
Is Lake Ridge cheaper than the rest of Virginia?
Lake Ridge's median sale price of $532,500 is 7% higher than the Virginia statewide median of $499,300, and 30% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Lake Ridge?
Homes in Lake Ridge, VA spent a median of 33 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Lake Ridge?
At the current 30-year fixed rate of 7.03%, 20% down on a $532,500 home is about $2,843 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $121,833 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $120,844.
Are home prices rising in Lake Ridge?
Redfin's last published year-over-year change for Lake Ridge, VA was -1.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Lake Ridge?
Lake Ridge ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Lake Ridge?
That depends on your timeline, not on a headline. What the data says today: Lake Ridge, VA is a strong seller's market with 1.4 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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