Machipongo, VA 23405 housing market
Data through Sep 2026 · Balanced market · leverage 58
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Buyer Leverage Score
58
Sep 2026
Months of Supply
4.6 months
Aug 2026
Days on Market
103 days
Sep 2026
Price Cut %
15%
Sep 2026
Sale-to-List Ratio
97.5%
Aug 2026
Expected Disaster Loss
$171
Dec 2025
What this means
- Supply. Listings are 45% below the 2017-19 norm and rising (+57% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is moderate (58/100; U.S.: 54): homes sell for about 2.5% below their final list price; 15% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $171 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from hurricanes.
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Other ZIP codes in Northampton County, VA
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Cape Charles, VA 23310 | $411.6K | +4.9% | 84 |
| Exmore, VA 23350 | $199.3K | +2.0% | 84 |
| Nassawadox, VA 23413 | – | – | 83 |
| Birdsnest, VA 23307 | – | – | 13 |
| ZIP 23347 | – | – | 4 |
| Franktown, VA 23354 | – | – | 58 |
| ZIP 23486 | – | – | 18 |
| ZIP 23316 | – | – | 0 |
| ZIP 23398 | – | – | 0 |
| ZIP 23408 | – | – | 64 |