Prices rose sharply in Manakin Sabot while national growth stayed modest
The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. In Manakin Sabot, the Real Estate Data Aggregator counted a 22.4% jump in the median sale price over the three months ending August 31, 2026. That gap is worth knowing if you own a home off Broad Street Road or Manakin Road.
The Real Estate Data Aggregator put the local median at $900,000. The Federal Housing Finance Agency put the national year-over-year gain at 2.6%. Manakin Sabot ran at nearly nine times that pace. That does not mean every home here will match the median, but it tells you this market is moving on its own terms.
More homes sold, fewer were listed
The Real Estate Data Aggregator counted 45 homes sold in ZIP 23103 in the three months ending August 31, 2026. That is up 50% from the same period in 2025. At the same time, new listings fell 27.7%. Fewer homes coming to market while sales climb is exactly what pushes prices up.
Sellers are getting over asking price
The Real Estate Data Aggregator found that 40% of homes in Manakin Sabot sold above list price in the three months ending August 31, 2026. That share was up 10 points from a year before. The average sale came in at 104% of list price, up 3.3 points. Not every home cleared list, but 4 in 10 did.
The national picture looks different
Nationally, Realtor.com reported that mortgage rates climbed above 7% for the first time since January 2025. Realtor.com also found that 20.8% of listings took a price cut in September 2026, the highest share since October 2022. Manakin Sabot did not follow that script. Supply here is thin at 2.2 months, according to the Real Estate Data Aggregator, and homes are selling in a median of 21 days.
A note on Oilville
ZIP 23129, the Oilville area, recorded just 1 home sold in the three months ending August 31, 2026, per the Real Estate Data Aggregator. One sale is not enough to draw conclusions about pricing trends there. If you own a home in Oilville, the Manakin Sabot numbers are a useful reference point, but your home deserves its own look.
- Manakin Sabot's median sale price hit $900,000 in the three months ending August 31, 2026, up 22.4% from a year before.
- The Federal Housing Finance Agency put the national gain at 2.6% over the same stretch.
- Local supply fell to 2.2 months.
- Homes sold in a median of 21 days.
- Forty percent sold above list price.
- One street can read very differently from the ZIP code as a whole, so reach out if you want to know where your home fits.
Your next step
(703) 969-8837Text me what you want in a home, and I will send you the homes for sale in Manakin Sabot & Oilville that fit.
Text me- Real Estate Data Aggregator numbers for ZIPs 23103 and 23129, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
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- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: U.S. Home-Sale Prices Ticked Up 0.25% in September, Oct 20, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- CNBC: Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers, Oct 26, 2026