Why Live in Kempsville Lake
Even though it’s located less than a mile off Princess Anne Road, which is one of Kempsville’s busier streets, it can be easy to overlook Kempsville Lake. The large collection of townhouses along sidewalk-lined streets is known for its convenience and affordability, especially considering its residents-only amenities. “It’s very walkable, so it’s just a good place to walk your dog and see neighbors as you walk around the neighborhood,” says Sue DeValdes, an associate broker at RW Towne Realty who has been selling in the area for over 12 years. “And it’s also got a beautiful lake, which is just pretty to walk around and hang out at. And their other amenities are great as well.” For the most part, Kempsville Lake’s colonial-style townhouses have two or three bedrooms with small fenced backyards. Despite being townhouses, each home has its own driveway wide enough for two cars. Depending on their size and how updated they are, these homes typically cost between $270,000 and $350,000. Niche gives Virginia Beach City Public Schools an A and lists the district as the second-best in the Norfolk area. Children in Kempsville Lake typically attend Kempsville Elementary School and Larkspur
Home Trends in Kempsville Lake, VA
On average, homes in Kempsville Lake, Virginia Beach sell after 21 days on the market compared to the national average of 51 days. The median sale price for homes in Kempsville Lake, Virginia Beach over the last 12 months is $313,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$313,000
Median Single Family Sale Price
$1,362,500
Median Townhouse Sale Price
$312,500
Median 2 Bedroom Sale Price
$278,100
Average Price Per Sq Ft
$236
Number of Homes for Sale
2
Last 12 months Home Sales
69
Median List Price
$314,945
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%