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Is Arvonia, VA 23004 a buyer’s or seller’s market?

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

Arvonia is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$246

The Arvonia housing market right now

In the three months ending August 31, 2026, 0% of homes in Arvonia, VA 23004 sold above their list price, the typical home went under contract in 17 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Within Buckingham County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Buckingham 23921 (100% sold over asking) and Dillwyn 23936 (38% sold over asking) are even more competitive.

Run the numbers for 23004

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Nearby markets

Buckingham 23921Buyer’s market $243 /sq ftDillwyn 23936Balanced $194 /sq ftGladstone 24553Balanced $226 /sq ftHowardsville 24562Seller’s market $207 /sq ft Browse all markets →

Where Arvonia is

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Questions about Arvonia real estate

Is Arvonia a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Arvonia, VA 23004 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 Arvonia?

The typical home went under contract in 17 days in the latest three months.

Do homes in Arvonia sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Arvonia?

About 0.52% of a home’s value a year in Buckingham County, or roughly $2,080 on a $400,000 home.

What is the median home price in Arvonia?

The median sale price was $424,816 in the three months ending August 31, 2026, about $246 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