Is Urbanna, VA 23175 a buyer’s or seller’s market?

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

Urbanna is a seller’s market. With about 1.7 months of supply and 7% 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 score41/ 100

More competitive than 41% of U.S. ZIP codes, and #285 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 supply1.7Under 4 months = seller’s market
Sold above original list6.7%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$215▼ −34.4% vs. last year

The Urbanna housing market right now

In the three months ending August 31, 2026, 7% of homes in Urbanna, VA 23175 sold above their list price, the typical home went under contract in 29 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold about as fast and the median sale price fell 53% to $409,823. Overall, Urbanna is less competitive than a year ago, which gives buyers more room.

Within Middlesex County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Urbanna ranks #285 of 358 VA ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Water View 23180 (0% sold over asking) or Wake 23176 (0% sold over asking), while Saluda 23149 (44% sold over asking) and Locust Hill 23092 (33% sold over asking) are even more competitive.

Nearby markets

Church View 23032 — /sq ftDeltaville 23043Seller’s market $315 /sq ftHardyville 23070Seller’s market $207 /sq ftHartfield 23071Seller’s market $247 /sq ft Browse all markets →

Where Urbanna is

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Questions about Urbanna real estate

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

A seller’s market: there were 1.7 months of supply in Urbanna, VA 23175 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 Urbanna?

The typical home went under contract in 29 days in the latest three months.

Do homes in Urbanna sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Urbanna?

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

What is the median home price in Urbanna?

The median sale price was $409,823 in the three months ending August 31, 2026, about $215 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