Is Tangier, VA 23440 a buyer’s or seller’s market?
Tangier is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Tangier housing market right now
In the three months ending August 31, 2026, 0% of homes in Tangier, VA 23440 sold above their list price, the typical home went under contract in 393 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, 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 faster (764 days then) and the median sale price rose 141% to $174,924. Overall, Tangier is more competitive than a year ago, so tougher for buyers.
Within Accomack County, homes here sell more slowly, and 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 23440
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 Tangier is
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Questions about Tangier real estate
Is Tangier a buyer’s or seller’s market?
A buyer’s market: there were 10.7 months of supply in Tangier, VA 23440 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 Tangier?
The typical home went under contract in 393 days in the latest three months.
Do homes in Tangier sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Tangier?
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 Tangier?
The median sale price was $174,924 in the three months ending August 31, 2026, about $177 per square foot.
Local agents
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More tools for 23440
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology