Call or Text (240) SELL-123

DRAKES BRANCH, VA 23937

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

Market Overview

Active Listings
9
⇧ 12.5% vs 8 last year
Pending
3
33% pending ratio
Median Price
$337,450
⇧ 9.8% vs $307,400 last year
Average Price
$542,433
⇧ 5.6% vs $513,484 last year
Days on Market
126
⇧ 110% vs 60 days last year

Market Context

Population: 2,007  ·  Density: 11.5/mi²  ·  Median household income: $37,430

Typical home value: $0  ·  Homeownership: 65.5%

Market Analysis

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

The DRAKES BRANCH, VA real estate market (23937) currently shows 9 active listings, with 3 pending sales. Homes are averaging 126 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 126 days on market compared to 60 days last year.

The median listing price has risen 9.8% year-over-year, from $307,400 to $337,450.

Whether you are buying or selling in DRAKES BRANCH, 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 DRAKES BRANCH, VA 23937 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 8 last year
  • Days on market: 126 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $337,450 (+9.8% YoY)
  • Average: $542,433 (+5.6% 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 24.9 miles — 136 listings ($49,760,778 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23937Drakes Branch, VA 239370.0 mi9$4,881,897$337,450$542,433
23947Keysville, VA 239477.0 mi13$4,352,894$282,400$334,838
23923Charlotte Court House, VA 2392312.2 mi5$3,308,000$329,900$661,600
23954Meherrin, VA 2395413.6 mi8$2,199,200$274,900$274,900
24534Clover, VA 2453414.2 mi2$449,800$224,900$224,900
23974Victoria, VA 2397415.5 mi15$3,463,365$230,000$230,891
23942Green Bay, VA 2394217.8 mi5$1,601,440$331,840$320,288
23959Phenix, VA 2395918.6 mi3$695,400$231,800$231,800
24528Brookneal, VA 2452821.5 mi20$4,885,120$205,000$244,256
24529Buffalo Junction, VA 2452923.1 mi11$5,190,658$375,000$471,878
23927Clarksville, VA 2392723.3 mi29$14,692,705$389,950$506,645
23922Burkeville, VA 2392223.6 mi3$1,042,200$347,400$347,400
24577Nathalie, VA 2457724.9 mi13$2,998,099$154,900$230,623

Frequently Asked Questions

How many homes are for sale in DRAKES BRANCH, VA 23937?

As of January 2026, there are 9 active listings in DRAKES BRANCH, VA (zip code 23937), compared to 8 the prior year.

What is the median home price in DRAKES BRANCH, VA 23937?

The median listing price in DRAKES BRANCH, VA 23937 is $337,450 as of January 2026, a 9.8% increase from $307,400 the prior year.

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

Homes in DRAKES BRANCH, VA 23937 spend an average of 126 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in DRAKES BRANCH, VA 23937?

Based on current inventory and days-on-market data as of January 2026, DRAKES BRANCH, VA 23937 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 126 days on market compared to 60 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DRAKES BRANCH, VA 23937 save an estimated $6,749 compared to a typical 5% commission on the median listing price of $337,450. 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.