Is Tappahannock, VA 22560 a buyer’s or seller’s market?
Tappahannock is a seller’s market. With about 2.9 months of supply and 26% 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.
More competitive than 63% of U.S. ZIP codes, and #183 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Tappahannock housing market right now
In the three months ending August 31, 2026, 26% of homes in Tappahannock, VA 22560 sold above their list price, the typical home went under contract in 41 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (53 days then) and the median sale price fell 6% to $339,253. Overall, Tappahannock is more competitive than a year ago, so tougher for buyers.
Within Essex County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Tappahannock ranks #183 of 358 VA ZIP codes with enough sales (score 61 out of 100).
Nearby, buyers who want less competition could look at Champlain 22438 (0% sold over asking) or Caret 22436 (0% sold over asking), while Laneview 22504 (100% sold over asking) is even more competitive.
Run the numbers for 22560
Nearby markets
Caret 22436 $155 /sq ftChamplain 22438Seller’s market $186 /sq ftDunnsville 22454Seller’s market $238 /sq ftLaneview 22504Buyer’s market $240 /sq ft Browse all markets →Towns like Tappahannock nearby
Find towns like Tappahannock in other states →Where Tappahannock is
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Questions about Tappahannock real estate
Is Tappahannock a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Tappahannock, VA 22560 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 Tappahannock?
The typical home went under contract in 41 days in the latest three months.
Do homes in Tappahannock sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Tappahannock?
About 0.57% of a home’s value a year in Essex County, or roughly $2,280 on a $400,000 home.
What is the median home price in Tappahannock?
The median sale price was $339,253 in the three months ending August 31, 2026, about $195 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