The LoCo Real Estate Market Report
Waterford, VA
Single-Family Homes
www.LoCoMusings.com
Waterford, VA
Thu Aug 13 2026
This week the median list price for Waterford, VA is $1,437,450 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has decreased to 12.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.
Real-Time Market Profile
| Median List Price | $1,437,450 | |
| Median Price of New Listings | $1,399,000 | |
| Per Square Foot | $351 | |
| Average Days on Market | 128 | |
| Median Days on Market | 81 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 12 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
The market has been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,990,000 | 3,810 | 10 - 20 acres | 4 | 3.5 | 28 | 0 | 1 | 70 |
| $1,495,000 | 3,975 | 5 - 10 acres | 4 | 4 | 2 | 0 | 0 | 126 |
| $1,399,000 | 4,552 | 1 - 2.5 acres | 5 | 4.5 | 9 | 1 | 0 | 77 |
| $835,000 | 1,778 | 1 - 2.5 acres | 3 | 2 | 71 | 0 | 0 | 42 |