23314 Housing Market Report February 2025•Isle of Wight County, Virginia

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Housing Prices in 23314, VA

How much do homes in 23314, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$400,000$203/SqFt
+$77,867
+24.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 23314 has increased by 24.2% since last year.

Summary: The median home list price in 23314 was $400,000 in February 2025, up 24.2% from the previous year, and the median price per square foot was $203.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
23314
+24.2%
23430
-2.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$273.5K$273.1K
-0.1%
2$296.7K$286.1K
-3.6%
3$319K$341K
+6.9%
4$518K$499K
-3.7%
5$630K$675K
+7.1%

Summary: 23314 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -0.1%. The home price for 2 bedroom homes decreased by -3.6%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes decreased by -3.7%. The home price for 5 bedroom homes increased by +7.1%.

How does 23314, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

23314, VA

Housing supply in 23314, VA

How many homes are available in 23314, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
90Last MonthFeb 2025
882 months agoJan 2025
+2.3 %
Change MoMJan – Feb

Summary: The 23314 real estate market had 90 homes for sale in Feb 2025, a 2.3 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
102
+100.0%
22322
-4.3%
32120
-4.8%
42425
+4.2%
52021
+5.0%

Summary: 23314 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -4.3%. The inventory for 3 bedroom homes decreased by -4.8%. The inventory for 4 bedroom homes increased by +4.2%. The inventory for 5 bedroom homes increased by +5.0%.

Asking Price vs. Sold Price

How much do homes in 23314, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price3 Homes

Under Asking Price0 Home

Insight

If you're buying a home in 23314, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 23314 in February 2025, down by 21.4% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for 23314, VA

How long does it take to sell a home in 23314, VA?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days4 Homes

Over 90 Days1 Home

Insight

Many homes in 23314 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 11 homes were sold in 23314; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
102 DaysThis YearFeb 2025
146 Days1 year agoFeb 2024
-30.2 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 23314 had an average listing age of 102 days in Feb 2025, down by 30.2% compared to the previous year.

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Newest Listings in 23314, VA

What homes are available in 23314, VA?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Real Estate Information Network, Central Virginia Regional MLS, and BrightMLS for the period 03/01/2023 - 03/01/2025

IDXCopyright © 2025 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed.

The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

Real estate listings held by brokerage firms other than this broker are marked by the REIN symbol; detailed information about such listings includes the names of listing brokers.

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.

Some properties which appear for sale on this website have subsequently sold or may no longer be available. REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.