Is Bloxom, VA 23308 a buyer’s or seller’s market?

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

Bloxom is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list94.3%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$179▼ −24.7% vs. last year

The Bloxom housing market right now

In the three months ending August 31, 2026, 50% of homes in Bloxom, VA 23308 sold above their list price, the typical home went under contract in 38 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (479 days then) and the median sale price fell 51% to $241,396. Overall, Bloxom is more competitive than a year ago, so tougher for buyers.

Within Accomack County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 90%.

Nearby, buyers who want less competition could look at Withams 23488 (0% sold over asking) or Wachapreague 23480 (0% sold over asking), while Wallops Island 23337 (100% sold over asking) is even more competitive.

Nearby markets

Accomac 23301Buyer’s market $125 /sq ftAtlantic 23303 — /sq ftBelle Haven 23306Buyer’s market $103 /sq ftChincoteague Island 23336Balanced $288 /sq ft Browse all markets →

Where Bloxom is

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Questions about Bloxom real estate

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

A buyer’s market: there were 9.6 months of supply in Bloxom, VA 23308 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 Bloxom?

The typical home went under contract in 38 days in the latest three months.

Do homes in Bloxom sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.

What are property taxes in Bloxom?

About 0.48% of a home’s value a year in Accomack County, or roughly $1,920 on a $400,000 home.

What is the median home price in Bloxom?

The median sale price was $241,396 in the three months ending August 31, 2026, about $179 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