Meherrin, VA Home Values & Market Trends

Real estate market trends reflect that there have been 23 transactions over the past year in Meherrin. The median value for residential home transactions that occurred over the previous year is $240,677. The number of current listings in Meherrin is 30, and the percentage of properties for sale in the city is 30.00%. Meherrin, VA currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 30 properties for sale.

Meherrin, VA Real Estate Market Overview

ZipMedian Est. Value
23954

$ 240,677

$ 170/sqft

Housing Market Summary for Meherrin, VA

Sep 2025September 2026Change
Median Listing Price$249.9K$247.4K-1.00%
Median Sold Price$131.9K$193.5K46.63%
Homes For Sale222827.27%
Homes Sold1612-25.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Meherrin, VA

Meherrin home values range from $39,900 to $525,000. The median estimated value of a home in Meherrin is $240,677. The median list price of a home is 245,000, and the total count of properties in the city is 50.

Foreclosure
There is 1 zips within Meherrin, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $368,179 in 23954 to the lowest value of $121,999 in 23954. Foreclosure homes account for 8.00% of properties in Meherrin, VA with 23954 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Meherrin, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Meherrin, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Meherrin, VA ranges from the highest value of $368,179 in 23954 to the lowest value of $368,179 in 23954. Bank owned homes and properties account for 2.00% of properties in Meherrin, VA. There is 1 zips within Meherrin, VA; 23954 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    23954 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Meherrin, VA. Auction homes and other auction properties account for 6.00% of all properties in Meherrin, VA. There is 1 zips within Meherrin, VA; of that zips, the median estimated home value for homes going to auction ranges from $248,191 in 23954 to the lowest value of $121,999 in 23954.
Homes for Sale
Homes and properties that are actively listed for sale account for 60.00% of residential properties in Meherrin, VA with 23954 containing 30 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Meherrin, VA; homes for sale in that zips, have a range of median values from $499,900 in 23954 to the lowest value of $39,900 in 23954.
    Sold Homes
    The median value for recently sold homes ranges from $525,000 in 23954 to the lowest price of $68,234 in 23954. There is 1 zips within Meherrin, VA. 23954 has 12 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 24.00% of properties in Meherrin, VA.

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      Guide for Meherrin, VA

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.