Is Bowling Green, VA 22427 a buyer’s or seller’s market?
Bowling Green is a seller’s market. With about 3.7 months of supply and 31% 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.
The Bowling Green housing market right now
In the three months ending August 31, 2026, 31% of homes in Bowling Green, VA 22427 sold above their list price, the typical home went under contract in 83 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 28%, homes sold more slowly (65 days then) and the median sale price fell 2% to $399,827. Overall, Bowling Green is about as competitive as it was a year ago.
Within Caroline County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Port Royal 22535 (0% sold over asking) or Woodford 22580 (18% sold over asking).
Run the numbers for 22427
Nearby markets
Milford 22514Seller’s market $213 /sq ftPort Royal 22535Buyer’s market $186 /sq ftRappahannock Academy 22538 — /sq ftRuther Glen 22546Seller’s market $215 /sq ft Browse all markets →Towns like Bowling Green nearby
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Questions about Bowling Green real estate
Is Bowling Green a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Bowling Green, VA 22427 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bowling Green?
The typical home went under contract in 83 days in the latest three months.
Do homes in Bowling Green sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Bowling Green?
About 0.52% of a home’s value a year in Caroline County, or roughly $2,080 on a $400,000 home.
What is the median home price in Bowling Green?
The median sale price was $399,827 in the three months ending August 31, 2026, about $214 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology