Is Winchester, VA 22602 a buyer’s or seller’s market?

The Winchester housing market right now

In the three months ending August 31, 2026, 21% of homes in Winchester, VA 22602 sold above their list price, the typical home went under contract in 55 days and there were 4.6 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. That’s based on 147 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold more slowly (43 days then) and the median sale price rose 2% to $432,813. Overall, Winchester is less competitive than a year ago, which gives buyers more room.

Within Frederick County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Winchester ranks #277 of 358 VA ZIP codes with enough sales (score 43 out of 100).

Nearby, buyers who want less competition could look at Star Tannery 22654 (0% sold over asking) or Gore 22637 (0% sold over asking), while Stephenson 22656 (30% sold over asking) and Stephens City 22655 (27% sold over asking) are even more competitive.