Is Mineral, VA 23117 a buyer’s or seller’s market?
Mineral is a buyer’s market. With about 6.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 40% of U.S. ZIP codes, and #287 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
The Mineral housing market right now
In the three months ending August 31, 2026, 22% of homes in Mineral, VA 23117 sold above their list price, the typical home went under contract in 53 days and there were 6.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 75 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold more slowly (47 days then) and the median sale price rose 10% to $507,280. Overall, Mineral is about as competitive as it was a year ago.
On our competition score, Mineral ranks #287 of 358 VA ZIP codes with enough sales (score 41 out of 100).
Nearby, buyers who want less competition could look at Louisa 23093 (17% sold over asking) or Gordonsville 22942 (19% sold over asking), while Bumpass 23024 (28% sold over asking) is even more competitive.
Run the numbers for 23117
Nearby markets
Bumpass 23024Balanced $258 /sq ftGordonsville 22942Seller’s market $222 /sq ftLouisa 23093Seller’s market $226 /sq ft Browse all markets →Towns like Mineral nearby
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Questions about Mineral real estate
Is Mineral a buyer’s or seller’s market?
A buyer’s market: there were 6.7 months of supply in Mineral, VA 23117 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 Mineral?
The typical home went under contract in 53 days in the latest three months.
Do homes in Mineral sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Mineral?
About 0.60% of a home’s value a year in Louisa County, or roughly $2,400 on a $400,000 home.
What is the median home price in Mineral?
The median sale price was $507,280 in the three months ending August 31, 2026, about $264 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