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SHIPMAN, VA 22971

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SHIPMAN, VA real estate market (22971) currently shows 9 active listings, with 4 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 29 days on market compared to 14 days last year.

The median listing price has fallen 63.8% year-over-year, from $759,000 to $274,900.

Whether you are buying or selling in SHIPMAN, 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 Context

Market Context

Population: 2,474  ·  Density: 17.1/mi²  ·  Median household income: $74,441

Typical home value: $295,333  ·  Homeownership: 75.5%

Market Overview

Active Listings
9
⇧ 200% vs 3 last year
Pending
4
44% pending ratio
Median Price
$274,900
⇩ 63.8% vs $759,000 last year
Average Price
$347,756
⇩ 54.2% vs $759,000 last year
Days on Market
29
⇧ 107.1% vs 14 days last year

Price Per Square Foot

Median $/sqft
$234
⇧ 39.3% vs $168/sqft last year
Median Home Size
1,377 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 3 last year
  • Days on market: 29 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $274,900 (-63.8% YoY)
  • Average: $347,756 (-54.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.5 miles — 284 listings ($218,261,019 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22971Shipman, VA 229710.0 mi6$1,877,226$253,000$312,871
24581Norwood, VA 245816.5 mi1$299,000$299,000$299,000
22938Faber, VA 229387.8 mi5$4,199,000$649,000$839,800
24562Howardsville, VA 2456210.3 mi5$2,024,250$422,450$404,850
22937Esmont, VA 2293711.4 mi9$36,028,026$559,925$4,003,114
22967Roseland, VA 2296712.3 mi65$26,694,330$418,650$410,682
23921Buckingham, VA 2392115.1 mi11$4,627,348$367,450$420,668
22959North Garden, VA 2295915.5 mi5$6,500,835$1,043,750$1,300,167
24521Amherst, VA 2452117.8 mi33$14,008,599$363,175$424,503
22943Greenwood, VA 2294320.4 mi3$2,160,000$720,000$720,000
24477Stuarts Draft, VA 2447721.9 mi34$14,304,820$381,950$420,730
22902Charlottesville, VA 2290223.1 mi103$81,647,585$587,450$792,695
24483Vesuvius, VA 2448323.5 mi4$23,890,000$5,972,500$5,972,500

Frequently Asked Questions

How many homes are for sale in SHIPMAN, VA 22971?

As of March 2026, there are 9 active listings in SHIPMAN, VA (zip code 22971), compared to 3 the prior year.

What is the median home price in SHIPMAN, VA 22971?

The median listing price in SHIPMAN, VA 22971 is $274,900 as of March 2026, a 63.8% decrease from $759,000 the prior year.

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

Homes in SHIPMAN, VA 22971 spend an average of 29 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in SHIPMAN, VA 22971?

Based on current inventory and days-on-market data as of March 2026, SHIPMAN, VA 22971 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 29 days on market compared to 14 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHIPMAN, VA 22971 save an estimated $5,498 compared to a typical 5% commission on the median listing price of $274,900. 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.