Is Farmville, VA 23901 a buyer’s or seller’s market?
Farmville is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 39% of U.S. ZIP codes, and #289 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
The Farmville housing market right now
In the three months ending August 31, 2026, 19% of homes in Farmville, VA 23901 sold above their list price, the typical home went under contract in 24 days and there were 4.7 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 44 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (26 days then) and the median sale price fell 8% to $279,829. Overall, Farmville is less competitive than a year ago, which gives buyers more room.
On our competition score, Farmville ranks #289 of 358 VA ZIP codes with enough sales (score 40 out of 100).
Nearby, Cartersville 23027 (33% sold over asking) is even more competitive.
Run the numbers for 23901
Nearby markets
Cartersville 23027Seller’s market $224 /sq ftCumberland 23040Seller’s market $234 /sq ft Browse all markets →Towns like Farmville nearby
Find towns like Farmville in other states →Where Farmville is
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Questions about Farmville real estate
Is Farmville a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Farmville, VA 23901 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 Farmville?
The typical home went under contract in 24 days in the latest three months.
Do homes in Farmville sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Farmville?
About 0.57% of a home’s value a year in Cumberland County, or roughly $2,280 on a $400,000 home.
What is the median home price in Farmville?
The median sale price was $279,829 in the three months ending August 31, 2026, about $175 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