Is Prospect, VA 23960 a buyer’s or seller’s market?

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

Prospect is a seller’s market. With about 2.1 months of supply and 33% 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 supply2.1Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list99.3%Sold price ÷ list price

Median days on market18Listing to accepted offer

Median price per sq ft$210▲ +24.1% vs. last year

Run the numbers for 23960

Prefilled for 23960Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23960Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cullen 23934Seller’s market $121 /sq ft Green Bay 23942Buyer’s market $192 /sq ft Meherrin 23954Balanced $151 /sq ft Rice 23966Balanced $169 /sq ft Browse all markets →

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