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Featured local agent — Shipman, VA
Sarah Mitchell
Compass Real Estate · Shipman, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Shipman, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$248,000median sale price
How is the Shipman, VA housing market right now?
The median home sale price in Shipman, VA is $248,000. Homes sell in an average of 97 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Shipman a buyer's or seller's market?
Shipman, VA is currently a balanced market and homes selling in about 97 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
97
Average pace
Active listings
—
Sale-to-list
101.2%
Above asking
What does the Shipman housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $248,000 |
| Median list price | $229,900 |
| Average days on market | 97 days |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $154/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Shipman by property type?
How the Shipman, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $248,000 | $154/sq ft | 1 | 97 days |
Source: Redfin · Updated monthly
The Shipman housing market is currently classified as a balanced market with a median sale price of $248,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 97 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Shipman
Explore homes currently listed for sale in Shipman, Virginia across major real estate platforms.
Who lives in Shipman?
Population
489
Median income
$45,982/yr
Median age
42.1 years
Owner-occupied
57.4%
College grads
7.6%
Source: U.S. Census Bureau ACS
What are homes worth in Shipman?
Zillow home value
$256,677
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Shipman?
Shipman is a community of approximately 0K residents with a median age of 42.1 years.The median household income is $45,982, which represents a working-class community with solid middle-income opportunities. 7.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.4%, showing a blend of owner and renter-occupied properties.Overall, Shipman offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Shipman, VA?
Want a head-to-head view? Compare Shipman side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Shipman?
The median home sale price in Shipman is $248,000, down 0.0% from last year.
How long do homes stay on market in Shipman?
Homes typically spend 97 days on market before going under contract.
What is the median income in Shipman?
The median household income is $45,982 per year.
What is the Zillow home value estimate for Shipman?
The Zillow Home Value Index (ZHVI) for Shipman is $256,677, representing the typical home value in the area.
How much does a single-family home cost in Shipman?
The median single-family home price in Shipman, VA is $248,000 (about $154 per square foot).
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