Is Gordonsville, VA 22942 a buyer’s or seller’s market?
Gordonsville is a seller’s market. With about 2.6 months of supply and 19% 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.
More competitive than 43% of U.S. ZIP codes, and #276 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Gordonsville housing market right now
In the three months ending August 31, 2026, 19% of homes in Gordonsville, VA 22942 sold above their list price, the typical home went under contract in 63 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (30 days then) and the median sale price rose 11% to $521,774. Overall, Gordonsville is less competitive than a year ago, which gives buyers more room.
On our competition score, Gordonsville ranks #276 of 358 VA ZIP codes with enough sales (score 43 out of 100).
Nearby, Bumpass 23024 (28% sold over asking) and Mineral 23117 (22% sold over asking) are even more competitive.
Run the numbers for 22942
Nearby markets
Bumpass 23024Balanced $258 /sq ftLouisa 23093Seller’s market $226 /sq ftMineral 23117Buyer’s market $264 /sq ft Browse all markets →Towns like Gordonsville nearby
Find towns like Gordonsville in other states →Where Gordonsville is
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Questions about Gordonsville real estate
Is Gordonsville a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Gordonsville, VA 22942 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 Gordonsville?
The typical home went under contract in 63 days in the latest three months.
Do homes in Gordonsville sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Gordonsville?
About 0.60% of a home’s value a year in Louisa County, or roughly $2,400 on a $400,000 home.
What is the median home price in Gordonsville?
The median sale price was $521,774 in the three months ending August 31, 2026, about $222 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