Is Saint Stephens Church, VA 23148 a buyer’s or seller’s market?
Saint Stephens Church is a seller’s market. With about 2.1 months of supply and 0% 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.
The Saint Stephens Church housing market right now
In the three months ending August 31, 2026, 0% of homes in Saint Stephens Church, VA 23148 sold above their list price, the typical home went under contract in 18 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 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 38%, homes sold faster (31 days then) and the median sale price fell 8% to $369,740. Overall, Saint Stephens Church is less competitive than a year ago, which gives buyers more room.
Within King and Queen County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Shacklefords 23156 (50% sold over asking) and Center Cross 22437 (20% sold over asking) are even more competitive.
Run the numbers for 23148
Nearby markets
Bruington 23023 — /sq ftCenter Cross 22437Seller’s market $304 /sq ftKing And Queen Court House 23085Seller’s market $245 /sq ftLittle Plymouth 23091Seller’s market $293 /sq ft Browse all markets →Towns like Saint Stephens Church nearby
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Questions about Saint Stephens Church real estate
Is Saint Stephens Church a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Saint Stephens Church, VA 23148 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 Saint Stephens Church?
The typical home went under contract in 18 days in the latest three months.
Do homes in Saint Stephens Church sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Saint Stephens Church?
About 0.52% of a home’s value a year in King and Queen County, or roughly $2,080 on a $400,000 home.
What is the median home price in Saint Stephens Church?
The median sale price was $369,740 in the three months ending August 31, 2026, about $226 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