Is Burgess, VA 22432 a buyer’s or seller’s market?
Burgess is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Burgess housing market right now
In the three months ending August 31, 2026, 0% of homes in Burgess, VA 22432 sold above their list price, the typical home went under contract in 89 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Within Northumberland County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Callao 22435 (20% sold over asking) and Heathsville 22473 (15% sold over asking) are even more competitive.
Run the numbers for 22432
Nearby markets
Callao 22435Balanced $175 /sq ftHeathsville 22473Balanced $260 /sq ftKilmarnock 22482Buyer’s market $202 /sq ftLottsburg 22511Buyer’s market $252 /sq ft Browse all markets →Where Burgess is
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Questions about Burgess real estate
Is Burgess a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Burgess, VA 22432 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 Burgess?
The typical home went under contract in 89 days in the latest three months.
Do homes in Burgess sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 83.0% of the list price.
What are property taxes in Burgess?
About 0.47% of a home’s value a year in Northumberland County, or roughly $1,880 on a $400,000 home.
What is the median home price in Burgess?
The median sale price was $579,749 in the three months ending August 31, 2026, about $267 per square foot.
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More tools for 22432
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology