Is Jarratt, VA 23867 a buyer’s or seller’s market?
Jarratt is a seller’s market. With about 2.6 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Jarratt housing market right now
In the three months ending August 31, 2026, 40% of homes in Jarratt, VA 23867 sold above their list price, the typical home went under contract in 17 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold faster (33 days then) and the median sale price fell 9% to $150,435. Overall, Jarratt is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Stony Creek 23882 (0% sold over asking) or Wakefield 23888 (20% sold over asking).
Run the numbers for 23867
Nearby markets
Stony Creek 23882Seller’s market $65 /sq ftWakefield 23888Buyer’s market $172 /sq ftWaverly 23890Balanced $170 /sq ftYale 23897 — /sq ft Browse all markets →Towns like Jarratt nearby
Find towns like Jarratt in other states →Where Jarratt is
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Questions about Jarratt real estate
Is Jarratt a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Jarratt, VA 23867 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 Jarratt?
The typical home went under contract in 17 days in the latest three months.
Do homes in Jarratt sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Jarratt?
About 0.59% of a home’s value a year in Sussex County, or roughly $2,360 on a $400,000 home.
What is the median home price in Jarratt?
The median sale price was $150,435 in the three months ending August 31, 2026, about $141 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