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Condos on Smith Mountain Lake VA

Posted on October 22, 2026 0 Comments
Thinking about buying or selling a condo at beautiful Smith Mountain Lake? Whether you're dreaming of a weekend getaway, a full-time residence, or a low-maintenance lake lifestyle, here's a look at the latest condo market statistics!
🏡 50 CONDOS CURRENTLY FOR SALE
Asking prices range from $139,900 to $2,075,000.
🏡 7 CONDOS CURRENTLY UNDER CONTRACT
🏡 17 CONDOS SOLD SINCE SEPTEMBER 1, 2026!
Closed sale prices range from $120,000 to $920,000.
📊 MORE CONDO MARKET HIGHLIGHTS
Currently Active Condos:
• Average asking price: $623,051
• Median asking price: $537,425
• Average days on market: 161 days
• Median days on market: 105 days
• Average cumulative days on market: 180 days
Condos Sold Since September 1:
• Total closed sales volume: $8,762,900
• Average sold price: $515,464
• Median sold price: $520,000
WHAT DOES THIS MEAN FOR BUYERS AND SELLERS?
With 50 condos currently available and an average of 161 days on market, buyers have opportunities to explore different communities, amenities, price points, and lifestyles.
For sellers, these numbers reinforce the importance of competitive pricing, beautiful presentation, professional photography, and consistent marketing.
Not all Smith Mountain Lake condos are alike! Water views, lake access, community amenities, HOA fees, property condition, and rental restrictions can make a significant difference in value and buyer appeal.
🏡 MY FEATURED SMITH MOUNTAIN LAKE CONDO!
🌊 1103 MARINERS WAY, UNIT 8 | HUDDLESTON — $399,000
Located in beautiful Mariners Landing, this updated 2-bedroom, 2-bath end-unit condo offers the perfect combination of comfort, convenience, and resort-style lake living!
✨ Entry-level living with NO STEPS to enter!
✨ Beautiful water views
✨ Updated kitchen, bathrooms, and flooring
✨ Cozy gas fireplace
✨ Screened porch off the primary bedroom
✨ Covered porch off the great room
✨ Three swimming pools, including an indoor Olympic-size pool
✨ Robert Trent Jones-designed golf course
✨ Fitness center, tennis, pickleball, beach access, and more!
Whether you're looking for a weekend retreat or a place to call home year-round, this property is definitely worth exploring!
🎥 TAKE THE VIRTUAL TOUR:
https://showsgreat.photography/1103-Mariners-Wy-1
❤️ SMITH MOUNTAIN LAKE CONDO LIVING — ENJOY MORE OF THE LAKE AND LESS OF THE MAINTENANCE!
Are you looking for a lake getaway, considering downsizing, or thinking about selling your current condo? I'd love to help you explore your options!
Edna Jamieson Wood, REALTOR®
Wainwright & Co., REALTORS®
Luxury Lake Homes, Smith Mountain Lake & Roanoke Area Specialist
MARKET DATA DISCLAIMER: Statistics are from the Roanoke Valley REALTORS® (RVAR) MLS as of October 21, 2026, and reflect condominium properties included in the selected Smith Mountain Lake market reports. Active listing statistics, including asking prices and days on market, reflect the 50 active condos in the latest report provided. Pending and closed figures are from the previously supplied market report; closed sales cover September 1–October 21, 2026. Average and median days on market are calculated from currently active listings, not exclusively from sold properties. Cumulative days on market may differ from standard days on market. Properties listed exclusively through other MLS systems, including Lynchburg (LYH) MLS, are not included. Statistics are subject to change.

SMITH MOUNTAIN LAKE CONDO MARKET UPDATE | OCTOBER 2026

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