Is Yale, VA 23897 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Yale housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Sussex County, VA

Population	949
Median income	$83,942
Average income	$90,149
Median rent	$1,241/month
Owner-occupied	43% of homes
Median year built	1976
Walkability	4.6 of 20Least walkable

Natural hazard riskHurricanes (moderate), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 23897; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 23897

Prefilled for 23897Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23897Over-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 ft Stony Creek 23882Seller’s market $65 /sq ft Wakefield 23888Buyer’s market $172 /sq ft Waverly 23890Balanced $170 /sq ft Browse all markets →

Where Yale is

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Questions about Yale real estate

What are property taxes in Yale?

About 0.59% of a home’s value a year in Sussex County, or roughly $2,360 on a $400,000 home.

Local agents

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More tools for 23897

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Sussex County property taxes Sussex County loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology