Is Castleton, VA 22716 a buyer’s or seller’s market?
Castleton is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Castleton housing market right now
In the three months ending August 31, 2026, 0% of homes in Castleton, VA 22716 sold above their list price, the typical home went under contract in 36 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 faster (55 days then) and the median sale price fell 36% to $607,237. Overall, Castleton is more competitive than a year ago, so tougher for buyers.
Within Rappahannock County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Chester Gap 22623 (67% sold over asking) and Amissville 20106 (24% sold over asking) are even more competitive.
Run the numbers for 22716
Nearby markets
Amissville 20106Buyer’s market $281 /sq ftChester Gap 22623Seller’s market $280 /sq ftFlint Hill 22627Seller’s market $371 /sq ftHuntly 22640Seller’s market $517 /sq ft Browse all markets →Towns like Castleton nearby
Find towns like Castleton in other states →Where Castleton is
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Questions about Castleton real estate
Is Castleton a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Castleton, VA 22716 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 Castleton?
The typical home went under contract in 36 days in the latest three months.
Do homes in Castleton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Castleton?
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 Castleton?
The median sale price was $607,237 in the three months ending August 31, 2026, about $324 per square foot.
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More tools for 22716
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology