Is Sperryville, VA 22740 a buyer’s or seller’s market?

The Sperryville housing market right now

In the three months ending August 31, 2026, 17% of homes in Sperryville, VA 22740 sold above their list price, the typical home went under contract in 71 days and there were 4.3 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 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (45 days then) and the median sale price fell 21% to $537,268. Overall, Sperryville is more competitive than a year ago, so tougher for buyers.

Within Rappahannock County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%.

Nearby, buyers who want less competition could look at Washington 22747 (0% sold over asking) or Castleton 22716 (0% sold over asking), while Chester Gap 22623 (67% sold over asking) and Amissville 20106 (24% sold over asking) are even more competitive.