Is Surry, VA 23883 a buyer’s or seller’s market?
Surry is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Surry housing market right now
In the three months ending August 31, 2026, 67% of homes in Surry, VA 23883 sold above their list price, the typical home went under contract in 14 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 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 0%, homes sold faster (55 days then) and the median sale price fell 31% to $342,852. Overall, Surry is more competitive than a year ago, so tougher for buyers.
Within Surry County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Claremont 23899 (0% sold over asking) or Spring Grove 23881 (0% sold over asking).
Run the numbers for 23883
Nearby markets
Claremont 23899 $147 /sq ftDendron 23839Buyer’s market $139 /sq ftElberon 23846Seller’s market $216 /sq ftSpring Grove 23881Seller’s market $208 /sq ft Browse all markets →Towns like Surry nearby
Find towns like Surry in other states →Where Surry is
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Questions about Surry real estate
Is Surry a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Surry, VA 23883 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 Surry?
The typical home went under contract in 14 days in the latest three months.
Do homes in Surry sell over asking?
67% 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 Surry?
About 0.69% of a home’s value a year in Surry County, or roughly $2,760 on a $400,000 home.
What is the median home price in Surry?
The median sale price was $342,852 in the three months ending August 31, 2026, about $206 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