Valley Realty Associates Localized Market Report
Broadway, VA 22815
Single-Family Homes
"Impossible Becomes Possible With The Right People On Your Side"
Broadway, VA 22815
Sat Apr 04 2026
This week the median list price for Broadway, VA 22815 is $429,950 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $429,950 | |
| Median Price of New Listings | $451,950 | |
| Per Square Foot | $183 | |
| Average Days on Market | 168 | |
| Median Days on Market | 63 | |
| Price Decreased | 38% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,084,500 | 2,716 | 5 - 10 acres | 4 | 3.3 | 19 | 0 | 0 | 287 |
| $459,500 | 2,775 | 0.5 - 1 acre | 4 | 2.5 | 121 | 1 | 0 | 178 |
| $335,000 | 1,589 | 0.25 - 0.5 acre | 3 | 2.3 | 38 | 1 | 0 | 42 |
| $164,950 | 2,318 | 0.5 - 1 acre | 3 | 1.3 | 71 | 0 | 0 | 38 |