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LANEXA, VA 23089

Real Estate Market Report  ·  New Kent County
Seller's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23089

Arlene's View · Chickahominy Farmettes · Chickahominy Haven · Cooke · Countryside · Cypress Point · Eagle Tree Farms · Grove Hill Estates · Haven Lake · Haven Landing · King's Corner Properties · Mertens · Racefield · Racefield Woods · The Retreat

Market Analysis

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

The LANEXA, VA real estate market (23089) currently shows 25 active listings, with 11 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 43 days on market compared to 52 days last year.

The median listing price has fallen 10.4% year-over-year, from $658,250 to $589,700.

Whether you are buying or selling in LANEXA, 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: 5,354  ·  Density: 34.2/mi²  ·  Median household income: $91,463

Typical home value: $353,545  ·  Homeownership: 81.5%

Market Overview

Active Listings
25
⇩ 7.4% vs 27 last year
Pending
11
44% pending ratio
Median Price
$589,700
⇩ 10.4% vs $658,250 last year
Average Price
$646,127
⇧ 0.9% vs $640,438 last year
Days on Market
43
⇩ 17.3% vs 52 days last year

Price Per Square Foot

Median $/sqft
$278
⇧ 14.4% vs $243/sqft last year
Median Home Size
2,070 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 27 last year
  • Days on market: 43 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $589,700 (-10.4% YoY)
  • Average: $646,127 (+0.9% 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 20.6 miles — 405 listings ($248,754,051 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23089Lanexa, VA 230890.0 mi18$12,030,498$656,925$668,361
23168Toano, VA 231687.2 mi37$25,598,376$588,709$691,848
23181West Point, VA 231818.5 mi24$10,141,032$380,950$422,543
23110Mattaponi, VA 2311010.9 mi3$570,951$191,450$190,317
23030Charles City, VA 2303012.1 mi10$6,174,130$468,375$617,413
23091Little Plymouth, VA 2309113.2 mi3$2,263,269$768,000$754,423
23086King William, VA 2308615.1 mi11$3,719,353$346,713$338,123
23161Stevensville, VA 2316117.0 mi3$1,350,000$450,000$450,000
23149Saluda, VA 2314917.4 mi6$3,236,754$529,000$539,459
23177Walkerton, VA 2317718.3 mi7$2,715,608$391,950$387,944
23185Williamsburg, VA 2318520.0 mi177$119,752,182$515,000$676,566
23881Spring Grove, VA 2388120.1 mi4$2,108,912$463,475$527,228
23111Mechanicsville, VA 2311120.6 mi102$59,092,986$468,694$579,343

Frequently Asked Questions

How many homes are for sale in LANEXA, VA 23089?

As of June 2026, there are 25 active listings in LANEXA, VA (zip code 23089), compared to 27 the prior year.

What is the median home price in LANEXA, VA 23089?

The median listing price in LANEXA, VA 23089 is $589,700 as of June 2026, a 10.4% decrease from $658,250 the prior year.

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

Homes in LANEXA, VA 23089 spend an average of 43 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in LANEXA, VA 23089?

Based on current inventory and days-on-market data as of June 2026, LANEXA, VA 23089 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LANEXA, VA 23089 save an estimated $11,794 compared to a typical 5% commission on the median listing price of $589,700. 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.