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Is Dyke, VA 22935 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Dyke is a seller’s market. With about 1.1 months of supply and 0% 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.

Months of supply1.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$296▼ −12.7% vs. last year

The Dyke housing market right now

In the three months ending August 31, 2026, 0% of homes in Dyke, VA 22935 sold above their list price, the typical home went under contract in 70 days and there were 1.1 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.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (259 days then) and the median sale price fell 46% to $619,732. Overall, Dyke is more competitive than a year ago, so tougher for buyers.

Nearby, Stanardsville 22973 (26% sold over asking) and Ruckersville 22968 (16% sold over asking) are even more competitive.

Run the numbers for 22935

Prefilled for 22935Can I win this house?Multiple-offer likelihood for a listing Prefilled for 22935Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Ruckersville 22968Seller’s market $235 /sq ftStanardsville 22973Balanced $218 /sq ft Browse all markets →

Where Dyke is

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Questions about Dyke real estate

Is Dyke a buyer’s or seller’s market?

A seller’s market: there were 1.1 months of supply in Dyke, VA 22935 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 Dyke?

The typical home went under contract in 70 days in the latest three months.

Do homes in Dyke sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Dyke?

About 0.61% of a home’s value a year in Greene County, or roughly $2,440 on a $400,000 home.

What is the median home price in Dyke?

The median sale price was $619,732 in the three months ending August 31, 2026, about $296 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