Winchester, VA metro area Housing Market

Cold Market

Comprehensive housing market data for the Winchester, VA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$386K

1.0% YoY

Days on Market

81 days

32.8% YoY

Active Inventory

489

11.6% YoY

Homes Sold

121

7.6% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Winchester, VA metro area Market Summary

The Winchester, VA metro area housing market is cooling down. As of January 2026, the median home sale price is $386K, down 1.0% year-over-year. Homes are spending a median of 81 days on the market, 32.8% longer than a year ago.

There are 489 homes for sale — 11.6% more than last year. With 4.0 months of supply, this is a balanced market. 170 new listings were added during this period, up 2.4% year-over-year.

Homes are selling for 97.7% of their list price on average, suggesting room for negotiation. 19.0% of homes sell above their asking price. 22.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 4.0
Days on Market 81
Price Drops 22.9%
Sale-to-List Ratio 97.7%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 8.7%
Days on Market (National: 66) 22.7%
Inventory (National: 1,210,379) 100.0%

vs. Virginia Median

Median Price (Virginia: $427K) 9.6%
Days on Market (Virginia: 55) 47.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Winchester, VA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$425K

Price per Sq Ft

$205

Sale-to-List Ratio

97.7%

Months of Supply

4.0

Sold Above List

19.0%

Price Drops

22.9%

New Listings

170

2.4% YoY

Pending Sales

178

Off Market in 2 Weeks

29.2%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.