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LANEXA, VA 23089

Real Estate Market Report  ·  New Kent County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23089

Arlene's View · Chickahominy Farmettes · Chickahominy Haven · Cooke · Countryside · Cypress Point · Eagle Tree Farms · Grove Hill Estates · Haven Lake · Haven Landing · King's Corner Properties · Mertens · Racefield · Racefield Woods · The Retreat

Market Analysis

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

The LANEXA, VA real estate market (23089) currently shows 18 active listings, with 8 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 43 days on market compared to 135 days last year.

The median listing price has risen 2.3% year-over-year, from $642,400 to $656,925.

Whether you are buying or selling in LANEXA, 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: 5,354  ·  Density: 34.2/mi²  ·  Median household income: $91,463

Typical home value: $353,545  ·  Homeownership: 81.5%

Market Overview

Active Listings
18
vs 18 last year
Pending
8
44% pending ratio
Median Price
$656,925
⇧ 2.3% vs $642,400 last year
Average Price
$668,361
⇧ 4.2% vs $641,673 last year
Days on Market
43
⇩ 68.1% vs 135 days last year

Price Per Square Foot

Median $/sqft
$233
⇩ 15.3% vs $275/sqft last year
Median Home Size
2,735 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 43 now vs 135 last year

Median & Average Pricing

Year over Year
  • Median: $656,925 (+2.3% YoY)
  • Average: $668,361 (+4.2% 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 20.6 miles — 392 listings ($244,036,105 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23089Lanexa, VA 230890.0 mi18$11,388,024$638,000$632,668
23168Toano, VA 231687.2 mi34$22,994,336$480,000$676,304
23181West Point, VA 231818.5 mi16$7,617,072$412,495$476,067
23110Mattaponi, VA 2311010.9 mi2$544,900$272,450$272,450
23030Charles City, VA 2303012.1 mi11$6,661,237$487,250$605,567
23091Little Plymouth, VA 2309113.2 mi3$2,263,269$768,000$754,423
23086King William, VA 2308615.1 mi15$4,657,215$339,950$310,481
23161Stevensville, VA 2316117.0 mi1$470,000$470,000$470,000
23149Saluda, VA 2314917.4 mi9$3,555,540$377,000$395,060
23177Walkerton, VA 2317718.3 mi5$1,957,000$391,400$391,400
23185Williamsburg, VA 2318520.0 mi170$115,852,960$512,500$681,488
23881Spring Grove, VA 2388120.1 mi8$3,928,552$451,000$491,069
23111Mechanicsville, VA 2311120.6 mi100$62,146,000$513,916$621,460

Frequently Asked Questions

How many homes are for sale in LANEXA, VA 23089?

As of February 2026, there are 18 active listings in LANEXA, VA (zip code 23089), compared to 18 the prior year.

What is the median home price in LANEXA, VA 23089?

The median listing price in LANEXA, VA 23089 is $656,925 as of February 2026, a 2.3% increase from $642,400 the prior year.

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

Homes in LANEXA, VA 23089 spend an average of 43 days on the market before going under contract, compared to 135 days the prior year.

Is it a seller's or buyer's market in LANEXA, VA 23089?

Based on current inventory and days-on-market data as of February 2026, LANEXA, VA 23089 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 43 days on market compared to 135 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LANEXA, VA 23089 save an estimated $13,139 compared to a typical 5% commission on the median listing price of $656,925. 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.