Lake Barcroft's January First-Time Homebuyer Report

Lake Barcroft is a larger than average city in Virginia with 9,558 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 4.9%. With an ownership ratio of 72.0%, most people in Lake Barcroft are homeowners. The best school in the city is Stuart High School.

Price Range

The median value of homes in Lake Barcroft is $512,300, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $701,644. Home sales in the Lake Barcroft market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 30.8% to nine homes sold over the last 30 days.

Out of all the listings in Lake Barcroft, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$1.4M   $1.9M   $128K  

Typical Dwelling

A four-bedroom detached home valued around $788,791 is considered a typical dwelling in Lake Barcroft. If a buyer was looking for a similar home, they would need good credit and a $157,758 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,191 and the property tax rate is $10.67 per $1,000 of taxable assessed value.

Get started right now by checking out Lake Barcroft homes for sale or reviewing Lake Barcroft real estate trends.


Data reported through 1/12/2017

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