$5,641 Closing Credit*
$475,000
2,750 SqFt
5 Beds
•3 Full Baths
Micah Dianda, Listing Office: INK Homes and Lifestyle, LLC.
Is Lake Anna, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$559,214
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,703(+9.8%)
Key Takeaway
Homes in Lake Anna have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Lake Anna was $559,214 in October 2024, up 9.8% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | $302.5K | +44.0% |
| 2 Bedrooms | $274.5K | $310K | +12.9% |
| 3 Bedrooms | $434K | $470K | +8.3% |
| 4 Bedrooms | $564K | $669.3K | +18.7% |
| 5+ Bedrooms | $1.3M | $980K | -28.7% |
Summary: Lake Anna housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 28.7%.
Housing Supply in Lake Anna, VA
How many homes are available in Lake Anna, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 259 | 258 | -0.4% |
Summary: The Lake Anna real estate market had 258 homes for sale in October 2024, a 0.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 106 | 103 | -2.8% |
| 4 Bedrooms | 93 | 92 | -1.1% |
| 5+ Bedrooms | 52 | 51 | -1.9% |
Summary: The Lake Anna housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 1.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 44 | -4.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
3 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. 54.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Lake Anna in October 2024, down by 4.3% month-over-month. Of the 44 sold homes, 55% were sold under asking, 39% were sold at asking, and 7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 59 Days | +14.0% |
Summary: Homes in Lake Anna had an average of 59 days on market in Oct 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lake Anna has remained consistent over time.
Summary: During October 2024, 44 homes were sold in Lake Anna; 41% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
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