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Is Burkeville, VA 23922 a buyer’s or seller’s market?

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

Burkeville is a seller’s market. With about 2.1 months of supply and 17% 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 supply2.1Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$235▲ +21.5% vs. last year

The Burkeville housing market right now

In the three months ending August 31, 2026, 17% of homes in Burkeville, VA 23922 sold above their list price, the typical home went under contract in 72 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 10%, homes sold faster (78 days then) and the median sale price rose 7% to $334,755. Overall, Burkeville is more competitive than a year ago, so tougher for buyers.

Nearby, Blackstone 23824 (40% sold over asking) and Crewe 23930 (40% sold over asking) are even more competitive.

Run the numbers for 23922

Prefilled for 23922Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23922Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blackstone 23824Balanced $141 /sq ftCrewe 23930Buyer’s market $231 /sq ft Browse all markets →

Towns like Burkeville nearby

Find towns like Burkeville in other states →
Crewe, VA23930 · 5 miles away86% similarpricier homes ($40K more) · younger residents Kenbridge, VA23944 · 19 miles away85% similarVery close on income, prices and more Pamplin, VA23958 · 26 miles away80% similarpricier homes ($78K more) · younger residents Brodnax, VA23920 · 34 miles away78% similarmore apartments and townhomes

Where Burkeville is

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Questions about Burkeville real estate

Is Burkeville a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Burkeville, VA 23922 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 Burkeville?

The typical home went under contract in 72 days in the latest three months.

Do homes in Burkeville sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in Burkeville?

About 0.45% of a home’s value a year in Nottoway County, or roughly $1,800 on a $400,000 home.

What is the median home price in Burkeville?

The median sale price was $334,755 in the three months ending August 31, 2026, about $235 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