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Featured local agent — Paeonian Springs, VA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Paeonian Springs, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Paeonian Springs, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Paeonian Springs, VA Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$1.17Mmedian sale price

How is the Paeonian Springs, VA housing market right now?

The median home sale price in Paeonian Springs, VA is $1.17M. Homes sell in an average of 140 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Paeonian Springs a buyer's or seller's market?

Buyer's market140 avg. days on market

Paeonian Springs, VA is currently a buyer's market and homes selling in about 140 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

140

Average pace

Active listings

Sale-to-list

95.5%

Below asking

What does the Paeonian Springs housing market data show?

Current housing market statistics for Paeonian Springs, VA
MetricValue
Median sale price$1.17M
Average days on market140 days
Sale-to-list price ratio95.5%
Median price per sq ft$405/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Paeonian Springs by property type?

How the Paeonian Springs, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Paeonian Springs, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.17M$405/sq ft1140 days

Source: Redfin · Updated monthly

The Paeonian Springs housing market is currently classified as a buyer's market with a median sale price of $1.17M. Prices have fallen 0.0% compared to last year, with homes spending an average of 140 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Paeonian Springs

Explore homes currently listed for sale in Paeonian Springs, Virginia across major real estate platforms.

Sale-to-list:95.5%

What are homes worth in Paeonian Springs?

Zillow home value

$967,054

Source: Zillow Research

Which cities are near Paeonian Springs, VA?

Want a head-to-head view? Compare Paeonian Springs side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Paeonian Springs?

The median home sale price in Paeonian Springs is $1.17M, down 0.0% from last year.

How long do homes stay on market in Paeonian Springs?

Homes typically spend 140 days on market before going under contract.

What is the Zillow home value estimate for Paeonian Springs?

The Zillow Home Value Index (ZHVI) for Paeonian Springs is $967,054, representing the typical home value in the area.

How much does a single-family home cost in Paeonian Springs?

The median single-family home price in Paeonian Springs, VA is $1.17M (about $405 per square foot).

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