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Is Lanexa, VA 23089 a buyer’s or seller’s market?

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

Lanexa is a seller’s market. With about 3.7 months of supply and 21% 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.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #174 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown

Months of supply3.7Under 4 months = seller’s market
Sold above original list21.4%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$252▲ +7.3% vs. last year

Run the numbers for 23089

Prefilled for 23089Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23089Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Barhamsville 23011Seller’s market $250 /sq ftNew Kent 23124Seller’s market $231 /sq ftProvidence Forge 23140Seller’s market $203 /sq ftQuinton 23141Seller’s market $230 /sq ft Browse all markets →

More tools for 23089

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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