Smith Mountain Lake
Smith Mountain Lake Market Report
$342,210
AVERAGE PRICE OF 374 HOMES$400,064
AVERAGE PRICE OF 14 NEWLY BUILT HOMES$950,904
AVERAGE PRICE OF 12 HOMES WITH A POOL$2,499,917
AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES$1,895,000
AVERAGE PRICE OF 1 REDUCED PRICE HOMES$38,666
AVERAGE PRICE OF 15 DISTRESSED HOMESAverage Home
| Average Price | $342,210 |
| Avg Bedrooms | 3.57 beds |
| Avg Bathrooms | 2.91 baths |
Average Price by Bedrooms
| 1 bedroom | n/a |
| 2 bedrooms | $311,440 |
| 3 bedrooms | $469,172 |
| 4 bedrooms | $1,078,591 |
| 5 bedrooms | $1,698,200 |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Franklin County High School | 257 | $368,382 | 327 days |
| Staunton River High School | 90 | $309,988 | 193 days |
| Other - See Remarks | 10 | $309,175 | 181 days |
| William Byrd High School | 10 | $121,159 | 103 days |
| Cave Spring High School | 5 | $120,430 | 704 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 374 | $342,210 | 288 days |
| Newly Built Homes | 14 | $400,064 | 305 days |
| Homes with a Pool | 12 | $950,904 | 84 days |
| Multi-Million Dollar Homes | 28 | $2,499,917 | 187 days |
| Reduced Price Homes | 1 | $1,895,000 | 61 days |
| Distressed Homes | 15 | $38,666 | 171 days |
