The Nansemond housing market is somewhat competitive. Homes in Nansemond receive 2 offers on average and sell in around 33 days. The median sale price of a home in Nansemond was $422K last month, up 25.9% since last year. The median sale price per square foot in Nansemond is $197, up 10.3% since last year.
What is the housing market like in Nansemond today?
In March 2024, Nansemond home prices were up 25.9% compared to last year, selling for a median price of $422K. On average, homes in Nansemond sell after 33 days on the market compared to 26 days last year. There were 52 homes sold in March this year, down from 57 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$421,852
+25.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Nansemond, VA
$421,853
+25.9%
United States
To compare other locations to the Nansemond and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Suffolk add value to a home.
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How hot is the Nansemond housing market?
Nansemond is somewhat competitive. Homes sell in 28 days.
0
100
64
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 28 days.
Hot homes
can sell for about 1% above list price and go pending in around 12 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Nansemond housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Nansemond.
Risk Factor
Flood Factor - Major
44% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Nansemond has a major risk of flooding. 794 properties in Nansemond are likely to be
severely affected
by flooding over the next 30 years. This represents 44% of all properties in Nansemond. Flood risk is increasing faster than the national average.
19% of properties are at risk of wildfire over the next 30 years
Fire Factor
Nansemond has a moderate risk of wildfire. There are 1,018 properties in Nansemond that have some risk of being affected by wildfire over the next 30 years. This represents 19% of all properties in Nansemond.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Nansemond has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Nansemond is most at risk from hurricanes. 5,150 properties in Nansemond have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 132 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 148 mph.