Photo: Ser Amantio di Nicolao · CC BY-SA 4.0502 homes sold in Lake Ridge in the last year, at a typical $512K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Ridge homes are listed.
Every place Lake Ridge homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Ridge.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
8% of Lake Ridge’s sales are condos, at $374K less than a house
201 houses and 40 condos sold in the year to May 2026. Houses draw more bidding wars.
typical sale · 201 sold in 12 months
- Per square foot
- $253VA $222
- Days to sell
- 39
- Sold over asking
- 38%
- Listings with a price cut
- 25%
typical sale · 40 sold in 12 months
- Per square foot
- $282VA $301
- Days to sell
- 41
- Sold over asking
- 25%
- Listings with a price cut
- 35%
Townhouses: 261 sold, typical $463K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
502 sales in the last year, against 987 in 2021 and a low of 467 in 2023. The typical sale went from $293K in 2016 to $512K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Lake Ridge
Check a listing against what Lake Ridge homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lake Ridge are more common than before the pandemic, but 42% fewer homes come up for sale
We read every month of Lake Ridge’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 502 sales.
If you’re buying in Lake Ridge
- Shop in July. It brings about 81 new listings a month, close to the busiest month, with fewer bidding wars (41% over asking).
- Less room to haggle. Only 25% of listings cut their price, against 30% before the pandemic.
- Bid near asking. Buyers paid 100.1% of the list price on average; 40% paid over.
- Move fast on good ones. 55% of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 96 a month), but April is the most competitive: 48% of April sales close over asking. June and July offer nearly as much choice with fewer homes bid up (45%). December has the least competition (32%) but only about 31 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Virginia
| Lake Ridge now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 40% | 29% | 62% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 55% | 40% | 72% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 30% | 21% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 99.4% | 102.3% | 99.3% |
| Days to sellMedian days from listing to contract | 37 | 26 | 17 | 38 |
66 homes for sale on a typical day
That’s 1.9 times the 2023 low (35), 42% fewer than in 2017–19 and well under 2015’s 179.
1 in 4 listings has cut its price
25% in the last year, against 30% in 2017–19 and 25% across Virginia.
Since 2019, houses are up 44%, condos 59%
A house typically sold for $672K in the last year (201 sales), a condo for $298K (40).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lake Ridge ranks 46th of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lake Ridge is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lake Ridge home costs about $3,072 a month
Price: Lake Ridge’s typical sale, last 12 months. Property tax at Lake Ridge’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Ridge is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 31.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $512K home, about $4,800 a year.
Taxes vs. neighborsSchools
The schools grade for Lake Ridge, from test results, graduation and how much students grow.
Schools in Lake RidgeTypical commute
The average one-way trip to work for people who live in Lake Ridge.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
County Center sells for less a square foot; Laurel Hill for far more
The busier markets within 25 miles of Lake Ridge, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Dale City | 631 | $491K | $259 | 43% | 37 |
| Lake Ridge | 502 | $512K | $257 | 40% | 37 |
| Laurel Hill | 78 | $721K | $324 | 49% | 32 |
| Crosspointe | 52 | $1.1M | $318 | 73% | 18 |
| Potomac Mills | 45 | $525K | $252 | 33% | 40 |
| County Center | 45 | $647K | $242 | 16% | 52 |
| Occoquan | 25 | $653K | $286 | 20% | 39 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lake Ridge, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Ridge. People who follow the town see it, and so do people comparing Lake Ridge with their own town. No commission, no listing fee.
Questions about buying a home in Lake Ridge
What do homes sell for in Lake Ridge, VA?
502 homes sold in the year to May 2026 at a typical $512K, $257 a square foot. Houses sold for about $672K, condos for about $298K.
Is Lake Ridge a buyer’s or seller’s market?
A seller’s market: 77 homes were for sale in May 2026 and 56 sold, about 1.4 months of supply. Buyers paid 100.1% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Lake Ridge?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lake Ridge?
About 0.9% of a home’s value a year. On a $512K home that’s near $4,800.
Where can I see homes for sale in Lake Ridge?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Ridge’s MLS listings; the search links above open each one filtered to Lake Ridge.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).