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Is Keysville, VA 23947 a buyer’s or seller’s market?

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

Keysville is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$164▲ +17.4% vs. last year

The Keysville housing market right now

In the three months ending August 31, 2026, 20% of homes in Keysville, VA 23947 sold above their list price, the typical home went under contract in 33 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 22%, homes sold faster (43 days then) and the median sale price rose 24% to $322,361. Overall, Keysville is about as competitive as it was a year ago.

Nearby, buyers who want less competition could look at Victoria 23974 (0% sold over asking) or Kenbridge 23944 (0% sold over asking).

Run the numbers for 23947

Prefilled for 23947Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23947Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Kenbridge 23944Buyer’s market $144 /sq ftVictoria 23974Seller’s market $141 /sq ft Browse all markets →

Towns like Keysville nearby

Find towns like Keysville in other states →
Brodnax, VA23920 · 34 miles away84% similarcheaper homes ($48K less) · 5 min shorter commute Dillwyn, VA23936 · 26 miles away81% similarlarger · younger residents Cumberland, VA23040 · 34 miles away80% similarpricier homes ($58K more) · 5 min longer commute Rice, VA23966 · 19 miles away76% similarsmaller · 10 min shorter commute

Where Keysville is

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Questions about Keysville real estate

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

A buyer’s market: there were 9.6 months of supply in Keysville, VA 23947 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 Keysville?

The typical home went under contract in 33 days in the latest three months.

Do homes in Keysville sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.

What are property taxes in Keysville?

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 Keysville?

The median sale price was $322,361 in the three months ending August 31, 2026, about $164 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