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Is Stony Creek, VA 23882 a buyer’s or seller’s market?

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

Stony Creek is a seller’s market. With about 3.2 months of supply and 0% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88.3%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$65▼ −66.0% vs. last year

The Stony Creek housing market right now

In the three months ending August 31, 2026, 0% of homes in Stony Creek, VA 23882 sold above their list price, the typical home went under contract in 15 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 (82 days then) and the median sale price fell 71% to $62,973. Overall, Stony Creek is more competitive than a year ago, so tougher for buyers.

Nearby, Jarratt 23867 (40% sold over asking) and Waverly 23890 (25% sold over asking) are even more competitive.

Run the numbers for 23882

Prefilled for 23882Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23882Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Jarratt 23867Seller’s market $141 /sq ftWakefield 23888Buyer’s market $172 /sq ftWaverly 23890Balanced $170 /sq ftYale 23897 — /sq ft Browse all markets →

Towns like Stony Creek nearby

Find towns like Stony Creek in other states →
Gaston, NC27832 · 32 miles away81% similarcheaper homes ($41K less) · larger Jackson, NC27845 · 38 miles away75% similarcheaper homes ($68K less) Brodnax, VA23920 · 33 miles away70% similarcheaper homes ($27K less) · larger Kenbridge, VA23944 · 38 miles away66% similarlarger · younger residents

Where Stony Creek is

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Questions about Stony Creek real estate

Is Stony Creek a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Stony Creek, VA 23882 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 Stony Creek?

The typical home went under contract in 15 days in the latest three months.

Do homes in Stony Creek sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.3% of the list price.

What are property taxes in Stony Creek?

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 Stony Creek?

The median sale price was $62,973 in the three months ending August 31, 2026, about $65 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