Is Davis Wharf, VA 23345 a buyer’s or seller’s market?

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

Davis Wharf is a buyer’s market. With about 8.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.2%Sold price ÷ list price
Median days on market121Listing to accepted offer
Median price per sq ft$177▲ +3.4% vs. last year

The Davis Wharf housing market right now

In the three months ending August 31, 2026, 0% of homes in Davis Wharf, VA 23345 sold above their list price, the typical home went under contract in 121 days and there were 8.1 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 11 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (52 days then) and the median sale price fell 7% to $279,879. Overall, Davis Wharf is less competitive than a year ago, which gives buyers more room.

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Questions about Davis Wharf real estate

Is Davis Wharf a buyer’s or seller’s market?

A buyer’s market: there were 8.1 months of supply in Davis Wharf, VA 23345 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 Davis Wharf?

The typical home went under contract in 121 days in the latest three months.

Do homes in Davis Wharf sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.

What is the median home price in Davis Wharf?

The median sale price was $279,879 in the three months ending August 31, 2026, about $177 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