Housing in Lake Ridge, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$500,000
Median List Price
$482,500
Price Per Sq Ft
$253
Days on Market
51
Active Inventory
40
Months of Supply
1.6
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
54.5%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
25
New Listings
28
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$253
Median List $/SF
$259
Lake Ridge vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Lake Ridge is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$452,800
Median Rent
$2,011
Total Housing Units
16,251
Vacancy Rate
3.2%
Owner Occupied
76.1%
Renter Occupied
23.9%
Median Property Tax
$4,377
per year
Monthly Cost (w/ Mortgage)
$2,151
Housing Types
The current median sale price in Lake Ridge, VA is $500,000 according to Redfin data. Homes spend a median of 51 days on the market. 20.0% of homes sold above asking price. The market has 1.6 months of supply. The median price per square foot is $253. The median rent is $2,011 per month (Census ACS). About 76.1% of housing units are owner-occupied. The median year homes were built is 1986. There are 16,251 total housing units.