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Is Millboro, VA 24460 a buyer’s or seller’s market?

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

Millboro is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$151▼ −27.1% vs. last year

The Millboro housing market right now

In the three months ending August 31, 2026, 20% of homes in Millboro, VA 24460 sold above their list price, the typical home went under contract in 18 days and there were 5.1 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. 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 rose from 0%, homes sold faster (33 days then) and the median sale price fell 26% to $222,904. Overall, Millboro is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Warm Springs 24484 (0% sold over asking) or Hot Springs 24445 (17% sold over asking).

Run the numbers for 24460

Prefilled for 24460Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24460Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hot Springs 24445Buyer’s market $120 /sq ftWarm Springs 24484Buyer’s market $28 /sq ft Browse all markets →

Towns like Millboro nearby

Find towns like Millboro in other states →
Glasgow, VA24555 · 33 miles away83% similarlarger · younger residents Goshen, VA24439 · 15 miles away82% similarcheaper homes ($29K less) · more homeowners Eagle Rock, VA24085 · 27 miles away78% similarcheaper homes ($67K less) · larger Renick, WV24966 · 34 miles away75% similarcheaper homes ($85K less) · younger residents

Where Millboro is

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Questions about Millboro real estate

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

A balanced market: there were 5.1 months of supply in Millboro, VA 24460 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 Millboro?

The typical home went under contract in 18 days in the latest three months.

Do homes in Millboro sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Millboro?

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

What is the median home price in Millboro?

The median sale price was $222,904 in the three months ending August 31, 2026, about $151 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