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MEHERRIN, VA 23954

Real Estate Market Report  ·  Prince Edward County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MEHERRIN, VA real estate market (23954) currently shows 6 active listings, with 2 pending sales. Homes are averaging 114 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 114 days on market compared to 90 days last year.

The median listing price has risen 73.3% year-over-year, from $150,000 to $259,950.

Whether you are buying or selling in MEHERRIN, 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: 2,462  ·  Density: 14.1/mi²  ·  Median household income: $72,870

Typical home value: $151,828  ·  Homeownership: 59.7%

Market Overview

Active Listings
6
⇧ 50% vs 4 last year
Pending
2
33% pending ratio
Median Price
$259,950
⇧ 73.3% vs $150,000 last year
Average Price
$274,825
⇧ 83.2% vs $150,000 last year
Days on Market
114
⇧ 26.7% vs 90 days last year

Price Per Square Foot

Median $/sqft
$183
⇧ 28% vs $143/sqft last year
Median Home Size
1,568 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 4 last year
  • Days on market: 114 now vs 90 last year

Median & Average Pricing

Year over Year
  • Median: $259,950 (+73.3% YoY)
  • Average: $274,825 (+83.2% 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 28.5 miles — 203 listings ($60,586,142 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23954Meherrin, VA 239540.0 mi8$2,212,976$264,900$276,622
23947Keysville, VA 239476.7 mi12$3,901,872$262,400$325,156
23974Victoria, VA 2397412.2 mi12$3,125,700$233,500$260,475
23934Cullen, VA 2393413.8 mi2$171,400$85,700$85,700
23923Charlotte Court House, VA 2392314.3 mi6$1,505,460$259,900$250,910
23930Crewe, VA 2393016.7 mi29$7,771,739$221,250$267,991
23958Pamplin, VA 2395818.4 mi11$4,513,608$368,500$410,328
23944Kenbridge, VA 2394419.9 mi18$5,000,256$220,725$277,792
23083Jetersville, VA 2308321.0 mi7$3,052,287$445,675$436,041
23824Blackstone, VA 2382423.7 mi27$6,852,465$256,125$253,795
24528Brookneal, VA 2452827.1 mi17$4,960,719$239,975$291,807
23968Skipwith, VA 2396827.8 mi6$1,106,700$184,450$184,450
24522Appomattox, VA 2452228.5 mi48$16,410,960$329,900$341,895

Frequently Asked Questions

How many homes are for sale in MEHERRIN, VA 23954?

As of March 2026, there are 6 active listings in MEHERRIN, VA (zip code 23954), compared to 4 the prior year.

What is the median home price in MEHERRIN, VA 23954?

The median listing price in MEHERRIN, VA 23954 is $259,950 as of March 2026, a 73.3% increase from $150,000 the prior year.

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

Homes in MEHERRIN, VA 23954 spend an average of 114 days on the market before going under contract, compared to 90 days the prior year.

Is it a seller's or buyer's market in MEHERRIN, VA 23954?

Based on current inventory and days-on-market data as of March 2026, MEHERRIN, VA 23954 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 114 days on market compared to 90 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MEHERRIN, VA 23954 save an estimated $5,199 compared to a typical 5% commission on the median listing price of $259,950. 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.