#357016, Josh Sutton, Listing Office: Mark A. Dalton & Co., Inc.
Miller Park Housing Market Report January 2025•Lynchburg County, Virginia
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?
Seller'sMarket
Buyer'sMarket
Miller Park is a Buyer's Market
Difference Since January 2024
At the same time last year, Miller Park was a Neutral Market.
Miller Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Miller Park have sold for 26.9% more than they did a year ago.
Summary: The median home sold price in Miller Park was $171,250 in January 2025, up 26.9% from last year, and the median price per square foot was $107.
Median Sold Price By Neighborhoods
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Miller Park | $135K | $171.2K | +26.9% |
Westend | $197.5K | $199.9K | +1.2% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $90K | N/A |
22 Bedrooms | $130K | $133K | +2.3% |
33 Bedrooms | $157K | $187K | +19.1% |
44 Bedrooms | $129.9K | $216K | +66.3% |
55+ Bedrooms | $90K | $267.8K | +197.6% |
Summary: Miller Park housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.3%. The home price for 3 bedroom homes increased by +19.1%. The home price for 4 bedroom homes increased by +66.3%. The home price for 5 bedroom homes increased by +197.6%.
Housing supply in Miller Park, VA
How many homes are available in Miller Park, VA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthJan 2025 | ||
262 months agoDec 2024 | -3.8 % Change MoMDec – Jan |
Summary: The Miller Park real estate market had 25 homes for sale in Jan 2025, a 3.8 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthJan 2025 | ||
102 months agoDec 2024 | -80.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 6 | 7 | +16.7% |
33 Bedrooms | 13 | 16 | +23.1% |
44 Bedrooms | 4 | 0 | -100.0% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Miller Park housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +23.1%. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Miller Park, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Miller Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Miller Park in January 2025, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% 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 Days0 Home
Many homes in Miller Park are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 2 homes were sold in Miller Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
8 DaysThis YearJan 2025 | ||
24 Days1 year agoJan 2024 | -65.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Miller Park had an average listing age of 8 days in Jan 2025, down by 65.1% compared to the previous year.
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Newest Listings in Miller Park, VA
What homes are available in Miller Park, VA?
Nearby markets
Nearby markets aren't available for Miller Park, VA
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MLS Disclaimers and Copyright
Based on information from Lynchburg MLS, for the period 02/01/2023 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 11:55:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.