Miller Park Housing Market Report April 2025•Lynchburg County, Virginia

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Housing Prices in Miller Park, VA

How much do homes in Miller Park, VA cost?

Housing Market Conditions

Is Miller Park, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Miller Park is a Seller's Market

Difference Since April 2024

Since last year, Miller Park has remained a Seller's Market.

Insight

Miller Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$173,000$116/SqFt
+$22,000
+14.6%

Based on all homes sold in the last 12 months

Insight

Homes in Miller Park have sold for 14.6% more than they did a year ago.

Summary: The median home sold price in Miller Park was $173,000 in April 2025, up 14.6% from last year, and the median price per square foot was $116.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Miller Park
+14.6%
Westend
-1.3%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$33K$147K
+345.5%
2$138K$136K
-1.4%
3$178.5K$182.9K
+2.5%
4$210K$219.5K
+4.5%
5$90K$267.8K
+197.6%

Summary: Miller Park housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +345.5%. The home price for 2 bedroom homes decreased by -1.4%. The home price for 3 bedroom homes increased by +2.5%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes increased by +197.6%.

How does Miller Park, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Miller Park, VA

Housing supply in Miller Park, VA

How many homes are available in Miller Park, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthApr 2025
222 months agoMar 2025
-31.8 %
Change MoMMar – Apr

Summary: The Miller Park real estate market had 15 homes for sale in Apr 2025, a 31.8 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthApr 2025
52 months agoMar 2025
-40.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
275
-28.6%
3138
-38.5%
412
+100.0%
510
-100.0%

Summary: Miller Park housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes decreased by -38.5%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -100.0%.

Asking Price vs. Sold Price

How much do homes in Miller Park, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Miller Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Miller Park in April 2025, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.

Days on Market for Miller Park, VA

How long does it take to sell a home in Miller Park, VA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Miller Park are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 3 homes were sold in Miller Park; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
43 DaysThis YearApr 2025
35 Days1 year agoApr 2024
+22.4 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Miller Park had an average listing age of 43 days in Apr 2025, up by 22.4% compared to the previous year.

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Newest Listings in Miller Park, VA

What homes are available in Miller Park, VA?

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MLS Disclaimers and Copyright

Based on information from Lynchburg MLS, for the period 05/01/2023 - 05/01/2025

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 4:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.