Is Halifax, VA 24558 a buyer’s or seller’s market?

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

Halifax 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 list25%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market97Listing to accepted offer
Median price per sq ft$133▼ −21.8% vs. last year

The Halifax housing market right now

In the three months ending August 31, 2026, 25% of homes in Halifax, VA 24558 sold above their list price, the typical home went under contract in 97 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. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold more slowly (59 days then) and the median sale price fell 1% to $271,552. Overall, Halifax is less competitive than a year ago, which gives buyers more room.

Within Halifax County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 71%.

Nearby, buyers who want less competition could look at Virgilina 24598 (0% sold over asking) or Sutherlin 24594 (0% sold over asking), while Vernon Hill 24597 (67% sold over asking) is even more competitive.

Nearby markets

Alton 24520Seller’s market $289 /sq ftClover 24534 — /sq ftNathalie 24577Buyer’s market $73 /sq ftScottsburg 24589Seller’s market $124 /sq ft Browse all markets →

Where Halifax is

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Questions about Halifax real estate

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

A balanced market: there were 5.1 months of supply in Halifax, VA 24558 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 Halifax?

The typical home went under contract in 97 days in the latest three months.

Do homes in Halifax sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.

What are property taxes in Halifax?

About 0.46% of a home’s value a year in Halifax County, or roughly $1,840 on a $400,000 home.

What is the median home price in Halifax?

The median sale price was $271,552 in the three months ending August 31, 2026, about $133 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