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FREEMAN, VA 23856

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The FREEMAN, VA real estate market (23856) currently shows 4 active listings, with 1 pending sales. Homes are averaging 61 days on the market before going under contract.

Homes are taking longer to sell, averaging 61 days on market compared to 34 days last year.

The median listing price has risen 20.1% year-over-year, from $218,000 to $261,750.

Whether you are buying or selling in FREEMAN, 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: 881  ·  Density: 6.6/mi²  ·  Median household income: $40,711

Typical home value: $83,940  ·  Homeownership: 46.8%

Market Overview

Active Listings
4
Pending
1
25% pending ratio
Median Price
$261,750
⇧ 20.1% vs $218,000 last year
Average Price
$260,083
⇧ 19.3% vs $218,000 last year
Days on Market
61
⇧ 79.4% vs 34 days last year

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 61 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $261,750 (+20.1% YoY)
  • Average: $260,083 (+19.3% 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 25.1 miles — 120 listings ($47,521,713 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23856Freeman, VA 238560.0 mi4$1,040,332$261,750$260,083
23868Lawrenceville, VA 238687.7 mi14$3,614,870$260,000$258,205
23847Emporia, VA 2384711.8 mi24$5,809,296$244,900$242,054
23821Alberta, VA 2382113.4 mi4$1,078,000$269,500$269,500
23920Brodnax, VA 2392015.6 mi15$7,614,375$327,400$507,625
23857Gasburg, VA 2385717.3 mi1$334,900$334,900$334,900
23840Dewitt, VA 2384018.7 mi3$749,700$249,900$249,900
27842Henrico, NC 2784220.0 mi17$13,323,750$399,250$783,750
27866Pleasant Hill, NC 2786621.3 mi2$206,500$103,250$103,250
23845Ebony, VA 2384522.0 mi5$6,278,750$947,200$1,255,750
23830Carson, VA 2383023.3 mi1$154,900$154,900$154,900
27831Garysburg, NC 2783124.1 mi3$463,875$152,925$154,625
23824Blackstone, VA 2382425.1 mi27$6,852,465$256,125$253,795

Frequently Asked Questions

How many homes are for sale in FREEMAN, VA 23856?

As of March 2026, there are 4 active listings in FREEMAN, VA (zip code 23856).

What is the median home price in FREEMAN, VA 23856?

The median listing price in FREEMAN, VA 23856 is $261,750 as of March 2026, a 20.1% increase from $218,000 the prior year.

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

Homes in FREEMAN, VA 23856 spend an average of 61 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in FREEMAN, VA 23856?

Based on current inventory and days-on-market data as of March 2026, FREEMAN, VA 23856 is currently a Balanced Market. Homes are taking longer to sell, averaging 61 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FREEMAN, VA 23856 save an estimated $5,235 compared to a typical 5% commission on the median listing price of $261,750. 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.