Is Manakin Sabot, VA 23103 a buyer’s or seller’s market?

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

Manakin Sabot is a seller’s market. With about 2 months of supply and 40% 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.

Competition score84/ 100

More competitive than 89% of U.S. ZIP codes, and #18 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

Months of supply2Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list104%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$273▲ +2.8% vs. last year

The Manakin Sabot housing market right now

In the three months ending August 31, 2026, 40% of homes in Manakin Sabot, VA 23103 sold above their list price, the typical home went under contract in 21 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 46 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 30%, homes sold faster (24 days then) and the median sale price rose 22% to $899,611. Overall, Manakin Sabot is more competitive than a year ago, so tougher for buyers.

Within Goochland County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Manakin Sabot ranks #18 of 358 VA ZIP codes with enough sales (score 84 out of 100).

Nearby, buyers who want less competition could look at Oilville 23129 (0% sold over asking) or Goochland 23063 (32% sold over asking), while Columbia 23038 (50% sold over asking) and Gum Spring 23065 (45% sold over asking) are even more competitive.

Nearby markets

Columbia 23038Balanced $190 /sq ftCrozier 23039 $321 /sq ftGoochland 23063Seller’s market $255 /sq ftGum Spring 23065Seller’s market $251 /sq ft Browse all markets →

Where Manakin Sabot is

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Questions about Manakin Sabot real estate

Is Manakin Sabot a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Manakin Sabot, VA 23103 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 Manakin Sabot?

The typical home went under contract in 21 days in the latest three months.

Do homes in Manakin Sabot sell over asking?

40% of homes sold above their original list price, and the typical sale closed at 104.0% of the list price.

What are property taxes in Manakin Sabot?

About 0.50% of a home’s value a year in Goochland County, or roughly $2,000 on a $400,000 home.

What is the median home price in Manakin Sabot?

The median sale price was $899,611 in the three months ending August 31, 2026, about $273 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