Is Palmyra, VA 22963 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Palmyra is a seller’s market. With about 3.5 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.5Under 4 months = seller’s market

Sold above original list16.8%Share of sales, last 3 months

Median sale-to-list99.2%Sold price ÷ list price

Median days on market37Listing to accepted offer

Median price per sq ft$203▲ +6.0% vs. last year

Run the numbers for 22963

Prefilled for 22963Can I win this house?Multiple-offer likelihood for a listing Prefilled for 22963Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bremo Bluff 23022Seller’s market $276 /sq ft Fork Union 23055Seller’s market $230 /sq ft Kents Store 23084Balanced $282 /sq ft Troy 22974Seller’s market $271 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology