Is Gwynn, VA 23066 a buyer’s or seller’s market?

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

Gwynn 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 list99.9%Share of sales, last 3 months
Median sale-to-list102.4%Sold price ÷ list price
Median days on market3Listing to accepted offer
Median price per sq ft$601▲ +116.7% vs. last year

The Gwynn housing market right now

In the three months ending August 31, 2026, 100% of homes in Gwynn, VA 23066 sold above their list price, the typical home went under contract in 3 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.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (37 days then) and the median sale price fell 13% to $434,812. Overall, Gwynn is more competitive than a year ago, so tougher for buyers.

Within Mathews County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Port Haywood 23138 (0% sold over asking) or Onemo 23130 (0% sold over asking).

Nearby markets

Cardinal 23025Seller’s market $104 /sq ftCobbs Creek 23035Seller’s market $198 /sq ftDiggs 23045Seller’s market $174 /sq ftDutton 23050Seller’s market $196 /sq ft Browse all markets →

Where Gwynn is

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Questions about Gwynn real estate

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

A buyer’s market: there were 9.6 months of supply in Gwynn, VA 23066 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 Gwynn?

The typical home went under contract in 3 days in the latest three months.

Do homes in Gwynn sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 102.4% of the list price.

What are property taxes in Gwynn?

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 Gwynn?

The median sale price was $434,812 in the three months ending August 31, 2026, about $601 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