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Lake Ridge, VA

Full City Profile · Virginia · Manassas Park city County

4.8 /5.0
A+ Excellent
45,007 Population 4,935/sq mi density
$120,844 Median Income $51,112 per capita
$452,800 Home Value $499,397 Zillow
$2,011 Median Rent 27.1% income on rent
56°F Avg Temperature 297 sunny days/yr
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.9 / 5.0
$120,844 median income, 2.7% unemployment
A+
Affordability
4.6 / 5.0
$452,800 home value, $2,011/mo rent
A+
Education
5.0 / 5.0
50.5% bachelor's degree or higher

Housing Overview

Median Home Value
$452,800
61% above
US avg: $281,900
Median Rent
$2,011/mo
73% above
US avg: $1,163/mo
Homeownership Rate
76.1%
16% above US avg (65.4%)
Total Housing Units
16,181
Median year built: 1986

Home Value by Source

Census Median
$452,800
Zillow (ZHVI)
$499,397
Median Sale Price
$466,000
Median List Price
$487,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.1%
Owner-Occupied
23.9%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $2,011/mo

Market Indicators (Redfin)

Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
28
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$263
Active Inventory
48
homes for sale

Affordability & Housing Stock

Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
76.1%

Complete Housing Data

Home Values

Census Median Value$452,800
Zillow Home Value (ZHVI)$499,397
Median Sale Price$466,000
Median List Price$487,000
Price Per Sq Ft$263

Rent

Census Median Rent$2,011
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market33
Sale-to-List Ratio1.0%
Price Drops18.8%
Homes Sold28
Active Inventory48
Price Per Sq Ft$263

Ownership & Stock

Owner-Occupied76.1%
Renter-Occupied23.9%
Homeownership Rate76.1%
Total Housing Units16,181
Median Year Built1986
Rent Burden27.1%