The latest housing market data from Bright MLS shows continued strength across North Central Virginia, including many of the communities we serve throughout Shenandoah County, Warren County, Frederick County, Page County, and Winchester.

In May 2026, the median sold price across North Central Virginia reached a record high of $525,000, representing a 1.9% increase compared to May 2025. Buyer activity also remained strong, with pending sales up 7.3% year-over-year and closed sales up 6.7% year-to-date.

One of the most notable trends continues to be inventory growth. Active listings increased by 19.2% compared to last year, providing buyers with more options and creating a healthier balance between supply and demand. New listings also reached their highest May level in four years.

Looking closer at our local markets:

• Shenandoah County's median sales price increased 8.0% year-over-year to $377,500.
• Warren County saw closed sales increase 29.8% compared to last May.
• Frederick County inventory increased 27.4%, giving buyers more available homes to choose from.
• Winchester inventory increased 40.0% year-over-year.
• Page County experienced a 34.8% increase in closed sales compared to May 2025.

While homes are spending slightly more time on the market than they were a year ago, demand remains steady throughout much of the region. The combination of rising inventory and continued buyer activity is helping create opportunities for both buyers and sellers heading into the summer market.

As always, real estate is local. Market conditions can vary significantly from one neighborhood, town, or county to the next. If you're considering buying, selling, or simply want to better understand your local market, working with a knowledgeable real estate professional can help you make informed decisions.

Preslee Real Estate
Abby Walters, Broker/Owner
540-227-4416

Full Report: May 2026 - Bright MLS Housing Market Report

For additional housing market research and data, visit Bright MLS Research.