Is Poquoson, VA 23662 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Poquoson is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score55/ 100

More competitive than 56% of U.S. ZIP codes, and #225 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 supply4.4Under 4 months = seller’s market
Sold above original list32.2%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$217▼ −2.0% vs. last year

The Poquoson housing market right now

In the three months ending August 31, 2026, 32% of homes in Poquoson, VA 23662 sold above their list price, the typical home went under contract in 46 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 61 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold about as fast and the median sale price fell 4% to $499,684. Overall, Poquoson is less competitive than a year ago, which gives buyers more room.

On our competition score, Poquoson ranks #225 of 358 VA ZIP codes with enough sales (score 55 out of 100).

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Where Poquoson is

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Questions about Poquoson real estate

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

A balanced market: there were 4.4 months of supply in Poquoson, VA 23662 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 Poquoson?

The typical home went under contract in 46 days in the latest three months.

Do homes in Poquoson sell over asking?

32% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Poquoson?

About 0.92% of a home’s value a year in Poquoson city, or roughly $3,680 on a $400,000 home.

What is the median home price in Poquoson?

The median sale price was $499,684 in the three months ending August 31, 2026, about $217 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