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Is Fork Union, VA 23055 a buyer’s or seller’s market?

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

Fork Union is a seller’s market. With about 3.2 months of supply and 33% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$230

The Fork Union housing market right now

In the three months ending August 31, 2026, 33% of homes in Fork Union, VA 23055 sold above their list price, the typical home went under contract in 87 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.

Within Fluvanna County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Kents Store 23084 (0% sold over asking) or Bremo Bluff 23022 (0% sold over asking).

Run the numbers for 23055

Prefilled for 23055Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23055Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bremo Bluff 23022Seller’s market $276 /sq ftKents Store 23084Balanced $282 /sq ftPalmyra 22963Seller’s market $203 /sq ftTroy 22974Seller’s market $271 /sq ft Browse all markets →

Towns like Fork Union nearby

Find towns like Fork Union in other states →
Lovingston, VA22949 · 35 miles away44% similarpricier homes ($103K more) · more homeowners Rice, VA23966 · 35 miles away42% similarlarger · younger residents Buckingham, VA23921 · 24 miles away40% similarpricier homes ($56K more) · larger Gladstone, VA24553 · 37 miles away27% similarcheaper homes ($29K less) · larger

Where Fork Union is

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Questions about Fork Union real estate

Is Fork Union a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Fork Union, VA 23055 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 Fork Union?

The typical home went under contract in 87 days in the latest three months.

Do homes in Fork Union sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Fork Union?

About 0.63% of a home’s value a year in Fluvanna County, or roughly $2,520 on a $400,000 home.

What is the median home price in Fork Union?

The median sale price was $281,778 in the three months ending August 31, 2026, about $230 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