Is Chester Gap, VA 22623 a buyer’s or seller’s market?
Chester Gap is a seller’s market. With about 2.1 months of supply and 67% 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 Chester Gap housing market right now
In the three months ending August 31, 2026, 67% of homes in Chester Gap, VA 22623 sold above their list price, the typical home went under contract in 30 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Within Rappahannock County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Washington 22747 (0% sold over asking) or Castleton 22716 (0% sold over asking).
Run the numbers for 22623
Nearby markets
Amissville 20106Buyer’s market $281 /sq ftCastleton 22716Buyer’s market $324 /sq ftFlint Hill 22627Seller’s market $371 /sq ftHuntly 22640Seller’s market $517 /sq ft Browse all markets →Where Chester Gap is
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Questions about Chester Gap real estate
Is Chester Gap a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Chester Gap, VA 22623 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 Chester Gap?
The typical home went under contract in 30 days in the latest three months.
Do homes in Chester Gap sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 102.2% of the list price.
What are property taxes in Chester Gap?
About 0.49% of a home’s value a year in Rappahannock County, or roughly $1,960 on a $400,000 home.
What is the median home price in Chester Gap?
The median sale price was $303,869 in the three months ending August 31, 2026, about $280 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