Is Greenbackville, VA 23356 a buyer’s or seller’s market?

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

Greenbackville is a buyer’s market. With about 10.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score14/ 100

More competitive than 8% of U.S. ZIP codes, and #347 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 supply10.8Under 4 months = seller’s market
Sold above original list11.1%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market178Listing to accepted offer
Median price per sq ft$190▼ −3.9% vs. last year

The Greenbackville housing market right now

In the three months ending August 31, 2026, 11% of homes in Greenbackville, VA 23356 sold above their list price, the typical home went under contract in 178 days and there were 10.8 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 19 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (39 days then) and the median sale price rose 2% to $286,251. Overall, Greenbackville is less competitive than a year ago, which gives buyers more room.

Within Accomack County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Greenbackville ranks #347 of 358 VA ZIP codes with enough sales (score 14 out of 100).

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) and Bloxom 23308 (50% sold over asking) are even more competitive.

Nearby markets

Accomac 23301Buyer’s market $125 /sq ftAtlantic 23303 — /sq ftBelle Haven 23306Buyer’s market $103 /sq ftBloxom 23308Buyer’s market $179 /sq ft Browse all markets →

Where Greenbackville is

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Questions about Greenbackville real estate

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

A buyer’s market: there were 10.8 months of supply in Greenbackville, VA 23356 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 Greenbackville?

The typical home went under contract in 178 days in the latest three months.

Do homes in Greenbackville sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Greenbackville?

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 Greenbackville?

The median sale price was $286,251 in the three months ending August 31, 2026, about $190 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