$7,124 Closing Credit*
$599,900
2,500 SqFt
4 Beds
•2 Full Baths, 1 Partial
Emily Schroeder, Listing Office: MacDoc Property Management, LL
Is Lake Anna, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lake Anna has remained a Seller's Market.
Key Takeaway
Lake Anna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Anna, VA
How much do homes in Lake Anna, VA cost?
Median Sold Price
$575,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$59,112(+11.5%)
Key Takeaway
Homes in Lake Anna have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Lake Anna was $575,000 in November 2024, up 11.5% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $302.5K | N/A |
| 2 Bedrooms | $270K | $305K | +13.0% |
| 3 Bedrooms | $436.3K | $480K | +10.0% |
| 4 Bedrooms | $640K | $651.8K | +1.8% |
| 5+ Bedrooms | $1.3M | $1.1M | -13.0% |
Summary: Lake Anna housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 13%.
Housing Supply in Lake Anna, VA
How many homes are available in Lake Anna, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 255 | 256 | 0.4% |
Summary: The Lake Anna real estate market had 256 homes for sale in November 2024, a 0.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 102 | 103 | +1.0% |
| 4 Bedrooms | 89 | 89 | 0.0% |
| 5+ Bedrooms | 53 | 56 | +5.7% |
Summary: The Lake Anna housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 48 | +4.3% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Anna, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Lake Anna in November 2024, up by 4.3% month-over-month. Of the 48 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for Lake Anna, VA
How long does it take to sell a home in Lake Anna, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 54 Days | -29.3% |
Summary: Homes in Lake Anna had an average of 54 days on market in Nov 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lake Anna has remained consistent over time.
Summary: During November 2024, 48 homes were sold in Lake Anna; 31% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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