Is Machipongo, VA 23405 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Machipongo is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list97.5%Sold price ÷ list price

Median days on market34Listing to accepted offer

Median price per sq ft$241▲ +46.6% vs. last year

Run the numbers for 23405

Prefilled for 23405Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23405Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Birdsnest 23307 $102 /sq ft Cape Charles 23310Buyer’s market $318 /sq ft Exmore 23350Buyer’s market $154 /sq ft Franktown 23354Seller’s market $261 /sq ft Browse all markets →

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