Is Providence Forge, VA 23140 a buyer’s or seller’s market?

The Providence Forge housing market right now

In the three months ending August 31, 2026, 28% of homes in Providence Forge, VA 23140 sold above their list price, the typical home went under contract in 25 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold faster (32 days then) and the median sale price rose 3% to $544,764. Overall, Providence Forge is less competitive than a year ago, which gives buyers more room.

Within New Kent County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Providence Forge ranks #176 of 358 VA ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Barhamsville 23011 (0% sold over asking) or Lanexa 23089 (21% sold over asking), while Quinton 23141 (39% sold over asking) is even more competitive.