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PENN LAIRD, VA 22846

Real Estate Market Report  ·  Rockingham County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇧ 380% vs 5 last year
Pending
12
50% pending ratio
Median Price
$522,790
⇧ 3.8% vs $503,475 last year
Average Price
$581,193
⇧ 3.5% vs $561,712 last year
Days on Market
71
⇧ 4.4% vs 68 days last year

Market Context

Population: 1,853  ·  Density: 64.3/mi²  ·  Median household income: $85,833

Typical home value: $427,604  ·  Homeownership: 88.2%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PENN LAIRD, VA real estate market (22846) currently shows 24 active listings, with 12 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 71 days on market compared to 68 days last year.

The median listing price has risen 3.8% year-over-year, from $503,475 to $522,790.

Whether you are buying or selling in PENN LAIRD, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 5 last year
  • Days on market: 71 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $522,790 (+3.8% YoY)
  • Average: $581,193 (+3.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.3 miles — 294 listings ($136,070,476 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22846Penn Laird, VA 228460.0 mi24$13,948,632$522,790$581,193
22801Harrisonburg, VA 228014.9 mi110$54,992,300$432,500$499,930
24471Port Republic, VA 244715.5 mi1$525,000$525,000$525,000
22802Harrisonburg, VA 228028.5 mi47$14,449,304$266,900$307,432
24486Weyers Cave, VA 244869.9 mi4$1,910,400$402,250$477,600
22834Linville, VA 2283412.2 mi1$1,289,000$1,289,000$1,289,000
22812Bridgewater, VA 2281213.3 mi24$11,265,720$374,000$469,405
24437Fort Defiance, VA 2443714.4 mi3$1,935,000$645,000$645,000
22935Dyke, VA 2293515.7 mi2$3,490,000$1,745,000$1,745,000
22940Free Union, VA 2294016.5 mi1$650,000$650,000$650,000
22815Broadway, VA 2281517.1 mi25$13,318,000$399,000$532,720
22973Stanardsville, VA 2297317.9 mi22$8,875,680$357,267$403,440
22851Stanley, VA 2285119.3 mi30$9,421,440$314,950$314,048

Frequently Asked Questions

How many homes are for sale in PENN LAIRD, VA 22846?

As of January 2026, there are 24 active listings in PENN LAIRD, VA (zip code 22846), compared to 5 the prior year.

What is the median home price in PENN LAIRD, VA 22846?

The median listing price in PENN LAIRD, VA 22846 is $522,790 as of January 2026, a 3.8% increase from $503,475 the prior year.

How long do homes stay on the market in PENN LAIRD, VA?

Homes in PENN LAIRD, VA 22846 spend an average of 71 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in PENN LAIRD, VA 22846?

Based on current inventory and days-on-market data as of January 2026, PENN LAIRD, VA 22846 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 68 days last year.

How much can I save on real estate commission in PENN LAIRD, VA?

With SELL123.com's maximum 3% commission, sellers in PENN LAIRD, VA 22846 save an estimated $10,456 compared to a typical 5% commission on the median listing price of $522,790. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.