#357717, Chris Dorner, Listing Office: eXp Realty LLC-Fredericksburg
Miller Park Housing Market Report February 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 Seller's Market
Difference Since February 2024
Since last year, Miller Park has remained a Seller's Market.
Miller Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Miller Park have sold for 23.2% more than they did a year ago.
Summary: The median home sold price in Miller Park was $172,750 in February 2025, up 23.2% from last year, and the median price per square foot was $115.
Median Sold Price By Neighborhoods
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Miller Park | $140.2K | $172.7K | +23.2% |
Westend | $197.5K | $199.9K | +1.2% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $90K | N/A |
22 Bedrooms | $135K | $133K | -1.5% |
33 Bedrooms | $158.4K | $199.9K | +26.2% |
44 Bedrooms | $169.9K | $223K | +31.2% |
55+ Bedrooms | $90K | $267.8K | +197.6% |
Summary: Miller Park housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.5%. The home price for 3 bedroom homes increased by +26.2%. The home price for 4 bedroom homes increased by +31.2%. 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
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthFeb 2025 | ||
242 months agoJan 2025 | +12.5 % Change MoMJan – Feb |
Summary: The Miller Park real estate market had 27 homes for sale in Feb 2025, a 12.5 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthFeb 2025 | ||
22 months agoJan 2025 | +150.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
44 Bedrooms | 1 | 1 | 0.0% |
55+ Bedrooms | 1 | 2 | +100.0% |
22 Bedrooms | 7 | 7 | 0.0% |
33 Bedrooms | 15 | 17 | +13.3% |
Summary: Miller Park housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +13.3%.
Asking Price vs. Sold Price
How much do homes in Miller Park, VA cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price3 Homes
If you're buying a home in Miller Park, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Miller Park in February 2025, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% 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 Days3 Homes
Over 90 Days0 Home
Avg time on Rocket Homes in Miller Park has remained consistent over time.
Summary: During February 2025, 5 homes were sold in Miller Park; 40% of homes were sold within 30 days, 60% 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 |
---|---|---|
41 DaysThis YearFeb 2025 | ||
38 Days1 year agoFeb 2024 | +8.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Miller Park had an average listing age of 41 days in Feb 2025, up by 8.1% 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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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 03/01/2023 - 03/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.