Is Chase City, VA 23924 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chase City is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #292 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

Months of supply4.1Under 4 months = seller’s market
Sold above original list26.7%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$122▲ +19.5% vs. last year

The Chase City housing market right now

In the three months ending August 31, 2026, 27% of homes in Chase City, VA 23924 sold above their list price, the typical home went under contract in 72 days and there were 4.1 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 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold about as fast and the median sale price rose 16% to $164,929. Overall, Chase City is more competitive than a year ago, so tougher for buyers.

Within Mecklenburg County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Chase City ranks #292 of 358 VA ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Baskerville 23915 (0% sold over asking) or Clarksville 23927 (4% sold over asking), while La Crosse 23950 (50% sold over asking) and Skipwith 23968 (50% sold over asking) are even more competitive.

Nearby markets

Baskerville 23915 $119 /sq ftBoydton 23917Buyer’s market $187 /sq ftBracey 23919Balanced $203 /sq ftBuffalo Junction 24529Balanced $245 /sq ft Browse all markets →

Where Chase City is

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Questions about Chase City real estate

Is Chase City a buyer’s or seller’s market?

A balanced market: there were 4.1 months of supply in Chase City, VA 23924 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 Chase City?

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

Do homes in Chase City sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Chase City?

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

What is the median home price in Chase City?

The median sale price was $164,929 in the three months ending August 31, 2026, about $122 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