Is Irvington, VA 22480 a buyer’s or seller’s market?
Irvington is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Irvington housing market right now
In the three months ending August 31, 2026, 0% of homes in Irvington, VA 22480 sold above their list price, the typical home went under contract in 97 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (80 days then) and the median sale price fell 19% to $431,813. Overall, Irvington is less competitive than a year ago, which gives buyers more room.
Nearby, White Stone 22578 (38% sold over asking) and Weems 22576 (10% sold over asking) are even more competitive.
Run the numbers for 22480
Nearby markets
Lancaster 22503Balanced $211 /sq ftWeems 22576Balanced $264 /sq ftWhite Stone 22578Buyer’s market $252 /sq ft Browse all markets →Where Irvington is
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Questions about Irvington real estate
Is Irvington a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Irvington, VA 22480 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 Irvington?
The typical home went under contract in 97 days in the latest three months.
Do homes in Irvington sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Irvington?
About 0.48% of a home’s value a year in Lancaster County, or roughly $1,920 on a $400,000 home.
What is the median home price in Irvington?
The median sale price was $431,813 in the three months ending August 31, 2026, about $231 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