Lowes Island, VA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lowes Island, VA is $710,000, down 14.3% year-over-year. Homes sell in an average of 22 days with 11 active listings. The market is currently a strong seller's market.
$710,000median sale price
Is Lowes Island a buyer's or seller's market?
Lowes Island, VA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
22
Average pace
Active listings
11
1.0 months supply
Sale-to-list
102.9%
Above asking
Lowes Island, VA market data
| Metric | Value |
|---|---|
| Median sale price | $710,000 |
| Median list price | $924,500 |
| Year-over-year price change | -14.3% |
| Average days on market | 22 days |
| Active inventory | 11 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 102.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The Lowes Island housing market is currently classified as a strong seller's market with a median sale price of $710,000. Prices have fallen 14.3% compared to last year, with homes spending an average of 22 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lowes Island
There are currently 11 homes listed for sale in Lowes Island, Virginia. The median listing price is $925K.
Active listings
11
Homes on market
Median list price
$925K
Avg. days on market
22
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Lowes Island?
The median home sale price in Lowes Island is $710,000, down 14.3% from last year.
How long do homes stay on market in Lowes Island?
Homes typically spend 22 days on market before going under contract.
Is Lowes Island a buyer's or seller's market?
With 1.0 months of supply, Lowes Island is currently a strong seller's market.
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