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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Sarah Mitchell
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Compass Real Estate · Lake Ridge, VA
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Lake Ridge, VA(512) 555-0184TX License #0512847
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Lake Ridge, VA Housing Market & Real Estate
Strong seller's market-1.9% YoY
Housing market overview · Updated monthly ·
$532,500median sale price
How is the Lake Ridge, VA housing market right now?
The median home sale price in Lake Ridge, VA is $532,500, down 1.9% year-over-year. Homes sell in an average of 33 days with 77 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Ridge a buyer's or seller's market?
Strong seller's market1.4 months of supply33 avg. days on market
Lake Ridge, VA is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
33
Average pace
Active listings
77
1.4 months supply
Sale-to-list
100.1%
Above asking
What does the Lake Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $532,500 |
| Median list price | $505,000 |
| Year-over-year price change | -1.9% |
| Average days on market | 33 days |
| Active inventory | 77 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $258/sq ft |
| Homes sold (latest month) | 56 |
| New listings (latest month) | 60 |
| Listings with a price cut | 22.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
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.
| 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 |
Source: Redfin · Updated monthly
The Lake Ridge housing market is currently classified as a strong seller's market with a median sale price of $532,500. Prices have fallen 1.9% compared to last year, with homes spending an average of 33 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
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?
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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%
Who lives in Lake Ridge?
Population
45,007
Median income
$120,844/yr
Median age
37.4 years
Owner-occupied
76.1%
College grads
50.5%
Avg commute
38.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Ridge?
Lake Ridge is a community of approximately 45K residents with a median age of 37.4 years.The median household income is $120,844, which reflects a relatively affluent area with strong earning potential. 50.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Ridge, VA?
Want a head-to-head view? Compare Lake Ridge side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Lake Ridge?
Frequently asked questions
What is the average home price in Lake Ridge?
The median home sale price in Lake Ridge is $532,500, down 1.9% from last year.
How long do homes stay on market in Lake Ridge?
Homes typically spend 33 days on market before going under contract.
What is the median income in Lake Ridge?
The median household income is $120,844 per year.
Is Lake Ridge a buyer's or seller's market?
With 1.4 months of supply, Lake Ridge is currently a strong seller's market.
How many homes are for sale in Lake Ridge?
There are currently 77 homes listed for sale in Lake Ridge, VA.
What is the median condo price in Lake Ridge?
The median condo/co-op sale price in Lake Ridge, VA is $305,000, compared to $730,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Ridge?
The median single-family home price in Lake Ridge, VA is $730,000 (about $249 per square foot).
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