Is Phenix, VA 23959 a buyer’s or seller’s market?

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

Phenix is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list73.5%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$480▲ +223.9% vs. last year

Nearby markets

Charlotte Court House 23923Seller’s market $100 /sq ftDrakes Branch 23937Seller’s market $177 /sq ftRandolph 23962Buyer’s market $107 /sq ftRed House 23963 — /sq ft Browse all markets →

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