Call or Text (240) SELL-123

SPRING GROVE, VA 23881

Real Estate Market Report  ·  Surry County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇧ 166.7% vs 3 last year
Pending
2
25% pending ratio
Median Price
$451,000
⇩ 37.4% vs $719,900 last year
Average Price
$491,069
⇩ 22.6% vs $634,704 last year
Days on Market
127
⇧ 56.8% vs 81 days last year

Market Context

Population: 2,315  ·  Density: 8.2/mi²  ·  Median household income: $60,469

Typical home value: $260,915  ·  Homeownership: 77.1%

Market Analysis

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

The SPRING GROVE, VA real estate market (23881) currently shows 8 active listings, with 2 pending sales. Homes are averaging 127 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 127 days on market compared to 81 days last year.

The median listing price has fallen 37.4% year-over-year, from $719,900 to $451,000.

Whether you are buying or selling in SPRING GROVE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SPRING GROVE, VA 23881 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 3 last year
  • Days on market: 127 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $451,000 (-37.4% YoY)
  • Average: $491,069 (-22.6% 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 25.1 miles — 481 listings ($255,375,481 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23881Spring Grove, VA 238810.0 mi8$3,928,552$451,000$491,069
23839Dendron, VA 238398.1 mi8$3,746,856$432,500$468,357
23846Elberon, VA 2384612.5 mi1$190,000$100,000$190,000
23883Surry, VA 2388313.8 mi11$5,155,414$415,000$468,674
23890Waverly, VA 2389014.7 mi14$4,645,046$244,900$331,789
23168Toano, VA 2316816.3 mi34$22,994,336$480,000$676,304
23188Williamsburg, VA 2318816.5 mi172$108,791,032$534,500$632,506
23140Providence Forge, VA 2314017.4 mi45$29,692,395$704,950$659,831
23089Lanexa, VA 2308920.1 mi18$11,388,024$638,000$632,668
23836Chester, VA 2383622.0 mi47$25,047,522$510,000$532,926
23805Petersburg, VA 2380523.0 mi52$15,160,184$275,000$291,542
23834Colonial Heights, VA 2383423.8 mi67$23,360,220$335,000$348,660
23878Sedley, VA 2387825.1 mi4$1,275,900$314,950$318,975

Frequently Asked Questions

How many homes are for sale in SPRING GROVE, VA 23881?

As of January 2026, there are 8 active listings in SPRING GROVE, VA (zip code 23881), compared to 3 the prior year.

What is the median home price in SPRING GROVE, VA 23881?

The median listing price in SPRING GROVE, VA 23881 is $451,000 as of January 2026, a 37.4% decrease from $719,900 the prior year.

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

Homes in SPRING GROVE, VA 23881 spend an average of 127 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in SPRING GROVE, VA 23881?

Based on current inventory and days-on-market data as of January 2026, SPRING GROVE, VA 23881 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 127 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPRING GROVE, VA 23881 save an estimated $9,020 compared to a typical 5% commission on the median listing price of $451,000. 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.