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CHERITON, VA 23316

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

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$219,000
⇩ 66.3% vs $650,000 last year
Average Price
$219,000
⇩ 66.3% vs $650,000 last year
Days on Market
64
⇩ 19% vs 79 days last year

Market Context

Population: 75  ·  Density: 52.9/mi²  ·  Median household income: $78,750

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

Market Analysis

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

The CHERITON, VA real estate market (23316) currently shows 1 active listings. Homes are averaging 64 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 64 days on market compared to 79 days last year.

The median listing price has fallen 66.3% year-over-year, from $650,000 to $219,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 64 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $219,000 (-66.3% YoY)
  • Average: $219,000 (-66.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 109 listings ($55,318,206 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23316Cheriton, VA 233160.0 mi1$219,000$219,000$219,000
23347Eastville, VA 233474.5 mi3$1,494,000$449,000$498,000
23307Birdsnest, VA 2330710.9 mi3$711,000$237,000$237,000
23413Nassawadox, VA 2341313.3 mi2$1,150,000$575,000$575,000
23350Exmore, VA 2335016.0 mi26$9,196,434$315,000$353,709
23130Onemo, VA 2313017.7 mi3$1,353,000$451,000$451,000
23138Port Haywood, VA 2313818.9 mi6$3,426,480$529,950$571,080
23423Quinby, VA 2342320.1 mi3$1,147,899$299,000$382,633
23341Craddockville, VA 2334121.6 mi1$450,000$450,000$450,000
23109Mathews, VA 2310921.8 mi11$9,898,779$870,000$899,889
23066Gwynn, VA 2306622.6 mi1$410,000$410,000$410,000
23064Grimstead, VA 2306423.3 mi2$380,000$190,000$190,000
23664Hampton, VA 2366423.6 mi47$25,481,614$390,000$542,162

Frequently Asked Questions

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

As of January 2026, there are 1 active listings in CHERITON, VA (zip code 23316), compared to 1 the prior year.

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

The median listing price in CHERITON, VA 23316 is $219,000 as of January 2026, a 66.3% decrease from $650,000 the prior year.

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

Homes in CHERITON, VA 23316 spend an average of 64 days on the market before going under contract, compared to 79 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 January 2026, CHERITON, VA 23316 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 64 days on market compared to 79 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 $4,380 compared to a typical 5% commission on the median listing price of $219,000. 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.