Is Hallwood, VA 23359 a buyer’s or seller’s market?
Hallwood is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hallwood housing market right now
In the three months ending August 31, 2026, 0% of homes in Hallwood, VA 23359 sold above their list price and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (26 days then) and the median sale price rose 64% to $179,922. Overall, Hallwood is less competitive than a year ago, which gives buyers more room.
Within Accomack County, homes here sell less often over asking than in any other ZIP code in the county.
Nearby, Wallops Island 23337 (100% sold over asking) and Bloxom 23308 (50% sold over asking) are even more competitive.
Run the numbers for 23359
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 Hallwood is
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Questions about Hallwood real estate
Is Hallwood a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Hallwood, VA 23359 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
Do homes in Hallwood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Hallwood?
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 Hallwood?
The median sale price was $179,922 in the three months ending August 31, 2026, about $192 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