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Is Manquin, VA 23106 a buyer’s or seller’s market?

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

Manquin is a seller’s market. With about 0.6 months of supply and 20% 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 supply0.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$266▼ −4.8% vs. last year

The Manquin housing market right now

In the three months ending August 31, 2026, 20% of homes in Manquin, VA 23106 sold above their list price, the typical home went under contract in 7 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (23 days then) and the median sale price rose 20% to $414,821. Overall, Manquin is about as competitive as it was a year ago.

Nearby, King William 23086 (38% sold over asking) and Aylett 23009 (36% sold over asking) are even more competitive.

Run the numbers for 23106

Prefilled for 23106Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23106Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aylett 23009Seller’s market $198 /sq ftKing William 23086Seller’s market $234 /sq ftWest Point 23181Seller’s market $191 /sq ft Browse all markets →

Where Manquin is

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Questions about Manquin real estate

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

A seller’s market: there were 0.6 months of supply in Manquin, VA 23106 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 Manquin?

The typical home went under contract in 7 days in the latest three months.

Do homes in Manquin sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What are property taxes in Manquin?

About 0.55% of a home’s value a year in King William County, or roughly $2,200 on a $400,000 home.

What is the median home price in Manquin?

The median sale price was $414,821 in the three months ending August 31, 2026, about $266 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