Is Doswell, VA 23047 a buyer’s or seller’s market?
Doswell is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Doswell housing market right now
In the three months ending August 31, 2026, 0% of homes in Doswell, VA 23047 sold above their list price, the typical home went under contract in 54 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 (56 days then) and the median sale price fell 7% to $422,317. Overall, Doswell is about as competitive as it was a year ago.
Within Hanover County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Beaverdam 23015 (48% sold over asking) and Mechanicsville 23111 (40% sold over asking) are even more competitive.
Run the numbers for 23047
Nearby markets
Ashland 23005Seller’s market $256 /sq ftBeaverdam 23015Seller’s market $257 /sq ftGlen Allen 23059Seller’s market $238 /sq ftHanover 23069Seller’s market $274 /sq ft Browse all markets →Towns like Doswell nearby
Find towns like Doswell in other states →Where Doswell is
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Questions about Doswell real estate
Is Doswell a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Doswell, VA 23047 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 Doswell?
The typical home went under contract in 54 days in the latest three months.
Do homes in Doswell sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.4% of the list price.
What are property taxes in Doswell?
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 Doswell?
The median sale price was $422,317 in the three months ending August 31, 2026, about $226 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