Is Beaverdam, VA 23015 a buyer’s or seller’s market?
Beaverdam is a seller’s market. With about 2.2 months of supply and 48% 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 77% of U.S. ZIP codes, and #90 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 Beaverdam housing market right now
In the three months ending August 31, 2026, 48% of homes in Beaverdam, VA 23015 sold above their list price, the typical home went under contract in 57 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 30%, homes sold faster (68 days then) and the median sale price fell 20% to $514,777. Overall, Beaverdam is more competitive than a year ago, so tougher for buyers.
Within Hanover County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county. On our competition score, Beaverdam ranks #90 of 358 VA ZIP codes with enough sales (score 73 out of 100).
Nearby, buyers who want less competition could look at Doswell 23047 (0% sold over asking) or Rockville 23146 (22% sold over asking).
Run the numbers for 23015
Nearby markets
Ashland 23005Seller’s market $256 /sq ftDoswell 23047Buyer’s market $226 /sq ftGlen Allen 23059Seller’s market $238 /sq ftHanover 23069Seller’s market $274 /sq ft Browse all markets →Towns like Beaverdam nearby
Find towns like Beaverdam in other states →Where Beaverdam is
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Questions about Beaverdam real estate
Is Beaverdam a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Beaverdam, VA 23015 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 Beaverdam?
The typical home went under contract in 57 days in the latest three months.
Do homes in Beaverdam sell over asking?
48% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in Beaverdam?
About 0.66% of a home’s value a year in Hanover County, or roughly $2,640 on a $400,000 home.
What is the median home price in Beaverdam?
The median sale price was $514,777 in the three months ending August 31, 2026, about $257 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