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Sedgefield Mobile Home Park Slash Cottage

ASHLAND, VA 23005

Real Estate Market Report  ·  Hanover County
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23005

Sedgefield Mobile Home Park · Slash Cottage

Market Analysis

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

The ASHLAND, VA real estate market (23005) currently shows 79 active listings, with 37 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 62 days last year.

The median listing price has fallen 25.6% year-over-year, from $497,189 to $370,000.

Whether you are buying or selling in ASHLAND, 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: 19,244  ·  Density: 107.2/mi²  ·  Median household income: $86,136

Typical home value: $360,757  ·  Homeownership: 72.5%

Market Overview

Active Listings
79
⇩ 29.5% vs 112 last year
Pending
37
47% pending ratio
Median Price
$370,000
⇩ 25.6% vs $497,189 last year
Average Price
$512,390
⇩ 15.4% vs $606,020 last year
Days on Market
60
⇩ 3.2% vs 62 days last year

Price Per Square Foot

Median $/sqft
$278
⇧ 2.2% vs $272/sqft last year
Median Home Size
1,411 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 112 last year
  • Days on market: 60 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $370,000 (-25.6% YoY)
  • Average: $512,390 (-15.4% 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 15.4 miles — 451 listings ($250,398,944 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23005Ashland, VA 230050.0 mi72$40,161,096$360,000$557,793
23047Doswell, VA 230476.1 mi8$6,371,864$774,975$796,483
23069Hanover, VA 230698.4 mi8$4,015,736$402,475$501,967
23294Henrico, VA 232949.5 mi25$10,190,400$399,995$407,616
23227Richmond, VA 2322710.3 mi58$24,231,298$381,490$417,781
23192Montpelier, VA 2319211.6 mi31$23,484,763$692,000$757,573
23146Rockville, VA 2314612.6 mi10$9,241,420$887,450$924,142
23226Richmond, VA 2322612.7 mi28$27,126,736$882,500$968,812
22546Ruther Glen, VA 2254612.8 mi91$39,658,528$380,000$435,808
23221Richmond, VA 2322114.3 mi28$19,480,020$625,000$695,715
23220Richmond, VA 2322014.6 mi81$42,304,923$449,998$522,283
23219Richmond, VA 2321915.4 mi10$3,833,210$350,000$383,321
23106Manquin, VA 2310615.4 mi1$298,950$298,950$298,950

Frequently Asked Questions

How many homes are for sale in ASHLAND, VA 23005?

As of February 2026, there are 79 active listings in ASHLAND, VA (zip code 23005), compared to 112 the prior year.

What is the median home price in ASHLAND, VA 23005?

The median listing price in ASHLAND, VA 23005 is $370,000 as of February 2026, a 25.6% decrease from $497,189 the prior year.

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

Homes in ASHLAND, VA 23005 spend an average of 60 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in ASHLAND, VA 23005?

Based on current inventory and days-on-market data as of February 2026, ASHLAND, VA 23005 is currently a Seller's Market. Inventory has tightened compared to last year, with 33 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 62 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ASHLAND, VA 23005 save an estimated $7,400 compared to a typical 5% commission on the median listing price of $370,000. 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.