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WAKE, VA 23176

Real Estate Market Report  ·  Middlesex County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
2
100% pending ratio
Median Price
$480,000
⇧ 21.1% vs $396,500 last year
Average Price
$480,000
⇩ 31.9% vs $704,500 last year
Days on Market
114
⇧ 123.5% vs 51 days last year

Market Context

Population: 399  ·  Density: 33.2/mi²  ·  Median household income: $70,217

Typical home value: $0  ·  Homeownership: 88.5%

Market Analysis

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

The WAKE, VA real estate market (23176) currently shows 2 active listings, with 2 pending sales. Homes are averaging 114 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 taking longer to sell, averaging 114 days on market compared to 51 days last year.

The median listing price has risen 21.1% year-over-year, from $396,500 to $480,000.

Whether you are buying or selling in WAKE, 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: 2 this year vs 4 last year
  • Days on market: 114 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $480,000 (+21.1% YoY)
  • Average: $480,000 (-31.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.6 miles — 112 listings ($81,540,895 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23176Wake, VA 231760.0 mi2$960,000$480,000$480,000
23071Hartfield, VA 230712.5 mi25$18,087,525$412,250$723,501
23043Deltaville, VA 230434.3 mi23$14,201,925$499,000$617,475
23035Cobbs Creek, VA 230355.5 mi8$2,226,320$250,000$278,290
22578White Stone, VA 225786.4 mi20$21,849,800$849,950$1,092,490
23068Hallieford, VA 230686.8 mi1$83,000$83,000$83,000
23128North, VA 231288.2 mi6$8,163,342$420,000$1,360,557
23066Gwynn, VA 230668.7 mi1$410,000$410,000$410,000
23056Foster, VA 2305610.6 mi2$373,500$186,750$186,750
23109Mathews, VA 2310910.8 mi11$9,898,779$870,000$899,889
23119Moon, VA 2311911.2 mi2$400,000$200,000$200,000
23021Bohannon, VA 2302111.9 mi2$695,800$347,900$347,900
23175Urbanna, VA 2317512.6 mi9$4,190,904$379,000$465,656

Frequently Asked Questions

How many homes are for sale in WAKE, VA 23176?

As of January 2026, there are 2 active listings in WAKE, VA (zip code 23176), compared to 4 the prior year.

What is the median home price in WAKE, VA 23176?

The median listing price in WAKE, VA 23176 is $480,000 as of January 2026, a 21.1% increase from $396,500 the prior year.

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

Homes in WAKE, VA 23176 spend an average of 114 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in WAKE, VA 23176?

Based on current inventory and days-on-market data as of January 2026, WAKE, VA 23176 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 114 days on market compared to 51 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WAKE, VA 23176 save an estimated $9,600 compared to a typical 5% commission on the median listing price of $480,000. 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.