Is Cobbs Creek, VA 23035 a buyer’s or seller’s market?
Cobbs Creek is a seller’s market. With about 1.6 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.
The Cobbs Creek housing market right now
In the three months ending August 31, 2026, 0% of homes in Cobbs Creek, VA 23035 sold above their list price, the typical home went under contract in 113 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 was about the same (0% then), homes sold more slowly (28 days then) and the median sale price rose 52% to $569,703. Overall, Cobbs Creek is less competitive than a year ago, which gives buyers more room.
Within Mathews County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Gwynn 23066 (100% sold over asking) and Diggs 23045 (50% sold over asking) are even more competitive.
Run the numbers for 23035
Nearby markets
Cardinal 23025Seller’s market $104 /sq ftDiggs 23045Seller’s market $174 /sq ftDutton 23050Seller’s market $196 /sq ftFoster 23056Seller’s market $312 /sq ft Browse all markets →Towns like Cobbs Creek nearby
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Questions about Cobbs Creek real estate
Is Cobbs Creek a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Cobbs Creek, VA 23035 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 Cobbs Creek?
The typical home went under contract in 113 days in the latest three months.
Do homes in Cobbs Creek sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.
What are property taxes in Cobbs Creek?
About 0.43% of a home’s value a year in Mathews County, or roughly $1,720 on a $400,000 home.
What is the median home price in Cobbs Creek?
The median sale price was $569,703 in the three months ending August 31, 2026, about $198 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