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CHERITON, VA 23316

Real Estate Market Report  ·  Northampton County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The CHERITON, VA real estate market (23316) currently shows 2 active listings. Homes are averaging 42 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 42 days on market compared to 131 days last year.

The median listing price has fallen 37.4% year-over-year, from $569,750 to $356,750.

Whether you are buying or selling in CHERITON, 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: 75  ·  Density: 52.9/mi²  ·  Median household income: $78,750

Typical home value: $224,104  ·  Homeownership: 85.7%

Market Overview

Active Listings
2
vs 2 last year
Pending
0
0% pending ratio
Median Price
$356,750
⇩ 37.4% vs $569,750 last year
Average Price
$340,067
⇩ 40.3% vs $569,750 last year
Days on Market
42
⇩ 67.9% vs 131 days last year

Price Per Square Foot

Median $/sqft
$228
⇧ 5.6% vs $216/sqft last year
Median Home Size
1,588 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 42 now vs 131 last year

Median & Average Pricing

Year over Year
  • Median: $356,750 (-37.4% YoY)
  • Average: $340,067 (-40.3% 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 24.7 miles — 96 listings ($52,883,660 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23316Cheriton, VA 233160.0 mi2$634,000$317,000$317,000
23347Eastville, VA 233474.5 mi4$1,843,992$447,000$460,998
23307Birdsnest, VA 2330710.9 mi3$711,000$237,000$237,000
23398Jamesville, VA 2339815.6 mi2$2,208,650$1,104,325$1,104,325
23130Onemo, VA 2313017.7 mi2$877,000$438,500$438,500
23138Port Haywood, VA 2313818.9 mi7$3,400,628$384,700$485,804
23423Quinby, VA 2342320.1 mi3$1,142,901$299,000$380,967
23341Craddockville, VA 2334121.6 mi1$450,000$450,000$450,000
23109Mathews, VA 2310921.8 mi13$11,850,904$832,500$911,608
23064Grimstead, VA 2306423.3 mi2$380,000$190,000$190,000
23664Hampton, VA 2366423.6 mi55$28,916,085$399,500$525,747
23068Hallieford, VA 2306824.6 mi1$83,000$83,000$83,000
23358Hacksneck, VA 2335824.7 mi1$385,500$385,500$385,500

Frequently Asked Questions

How many homes are for sale in CHERITON, VA 23316?

As of April 2026, there are 2 active listings in CHERITON, VA (zip code 23316), compared to 2 the prior year.

What is the median home price in CHERITON, VA 23316?

The median listing price in CHERITON, VA 23316 is $356,750 as of April 2026, a 37.4% decrease from $569,750 the prior year.

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

Homes in CHERITON, VA 23316 spend an average of 42 days on the market before going under contract, compared to 131 days the prior year.

Is it a seller's or buyer's market in CHERITON, VA 23316?

Based on current inventory and days-on-market data as of April 2026, CHERITON, VA 23316 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 42 days on market compared to 131 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHERITON, VA 23316 save an estimated $7,135 compared to a typical 5% commission on the median listing price of $356,750. 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.