Liberty Hall · Photo: Nyttend · Public domain173 homes sold in Timberlake in the last year, at a typical $299K
About one sale in 3 is a condo. 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 Timberlake homes are listed.
Every place Timberlake 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 Timberlake.
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.
Houses are 64% of Timberlake’s sales, at a typical $334K
173 homes sold in the year to May 2026.
typical sale · 110 sold in 12 months
- Per square foot
- $161VA $222
- Days to sell
- 14
- Sold over asking
- 37%
- Listings with a price cut
- 38%
Multi-family (2–4 units): 1 sold, typical $410K
Townhouses: 58 sold, typical $260K
Condos: 5 sold, typical $195K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
173 sales in the last year, against 293 in 2021 and a low of 149 in 2014. The typical sale went from $169K in 2016 to $299K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Timberlake
Check a listing against what Timberlake 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 Timberlake are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of Timberlake’s home sales since 2014 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, 173 sales.
If you’re buying in Timberlake
- Shop in July. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
- Bid near asking. Buyers paid 99.2% of the list price on average; 27% paid over.
- You’ll usually have time. Only 43% of homes go under contract within two weeks; the typical one takes 29 days.
Spring brings the homes; fall brings the bidding wars
March has the most new listings (about 23 a month), but September is the most competitive: 34% of September sales close over asking. June and July offer nearly as much choice with fewer homes bid up (29%). February has the least competition (19%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Virginia as a whole
| Timberlake now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 21% | 40% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 43% | 3% | 1% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 99.2% | 98.5% | 100.4% | 99.3% |
| Days to sellMedian days from listing to contract | 29 | 72 | 71 | 38 |
31 homes for sale on a typical day
That’s 34% fewer than in 2017–19 and well under 2014’s 96.
1 in 4 listings has cut its price
27% in the last year, against — in 2017–19 and 25% across Virginia.
Since 2019, houses are up 72%, condos 77%
A house typically sold for $334K in the last year (110 sales), a condo for $195K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Timberlake ranks 135th of 179 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Timberlake is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Timberlake home costs about $1,664 a month
Price: Timberlake’s typical sale, last 12 months. Property tax at Timberlake’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Timberlake is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. November has the fewest, about 11.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $299K home, about $1,240 a year.
Taxes vs. neighborsSchools
The schools grade for Timberlake, from test results, graduation and how much students grow.
Schools in TimberlakeTypical commute
The average one-way trip to work for people who live in Timberlake.
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.
Lynchburg, Altavista and Bedford sell for less a square foot
The busier markets within 25 miles of Timberlake, 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 | |
|---|---|---|---|---|---|
| Lynchburg | 1,170 | $273K | $159 | 25% | 28 |
| Forest | 220 | $381K | $175 | 21% | 27 |
| Timberlake | 173 | $299K | $169 | 27% | 29 |
| Madison Heights | 110 | $252K | $167 | 25% | 19 |
| Bedford | 100 | $290K | $163 | 19% | 45 |
| Altavista | 60 | $185K | $143 | 23% | 36 |
| Amherst | 26 | $277K | $173 | 15% | 35 |
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 Timberlake, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Timberlake. People who follow the town see it, and so do people comparing Timberlake with their own town. No commission, no listing fee.
Questions about buying a home in Timberlake
What do homes sell for in Timberlake, VA?
173 homes sold in the year to May 2026 at a typical $299K, $169 a square foot.
Is Timberlake a buyer’s or seller’s market?
A seller’s market: 29 homes were for sale in May 2026 and 19 sold, about 1.5 months of supply. Buyers paid 99.2% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Timberlake?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Timberlake?
About 0.4% of a home’s value a year. On a $299K home that’s near $1,240.
Where can I see homes for sale in Timberlake?
Zillow, Redfin, Realtor.com and Homes.com all carry Timberlake’s MLS listings; the search links above open each one filtered to Timberlake.
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).