Is Kenbridge, VA 23944 a buyer’s or seller’s market?

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

Kenbridge 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.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$144▲ +87.3% vs. last year

The Kenbridge housing market right now

In the three months ending August 31, 2026, 0% of homes in Kenbridge, VA 23944 sold above their list price, the typical home went under contract in 31 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 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 57%, homes sold more slowly (9 days then) and the median sale price rose 53% to $195,415. Overall, Kenbridge is less competitive than a year ago, which gives buyers more room.

Nearby, Keysville 23947 (20% sold over asking) is even more competitive.

Nearby markets

Keysville 23947Buyer’s market $164 /sq ftVictoria 23974Seller’s market $141 /sq ft Browse all markets →

Where Kenbridge is

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Questions about Kenbridge real estate

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

A buyer’s market: there were 8 months of supply in Kenbridge, VA 23944 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 Kenbridge?

The typical home went under contract in 31 days in the latest three months.

Do homes in Kenbridge sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Kenbridge?

About 0.39% of a home’s value a year in Lunenburg County, or roughly $1,560 on a $400,000 home.

What is the median home price in Kenbridge?

The median sale price was $195,415 in the three months ending August 31, 2026, about $144 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