18
Buyer's Markets
20.0
Highest Supply (mo)
$20K
Lowest Median Price
81
Avg Days on Market
| # | City | Months Supply | Median Price | Days on Market | YoY Change |
|---|---|---|---|---|---|
| 1 | Bluefield | 20.0 mo | $184K | 100 days | N/A |
| 2 | Big Stone Gap | 17.0 mo | $76K | 3 days | N/A |
| 3 | Norton | 12.0 mo | $120K | 137 days | N/A |
| 4 | Narrows | 10.0 mo | $20K | 117 days | N/A |
| 5 | Emory | 9.0 mo | $160K | 110 days | N/A |
| 6 | Stanleytown | 9.0 mo | $78K | 37 days | N/A |
| 7 | Richlands | 8.5 mo | $142K | 113 days | N/A |
| 8 | Damascus | 8.0 mo | $169K | 5 days | N/A |
| 9 | Dumbarton | 8.0 mo | $283K | 159 days | N/A |
| 10 | Fairlawn | 8.0 mo | $635K | 20 days | N/A |
| 11 | Powhatan | 8.0 mo | $356K | 39 days | N/A |
| 12 | Prices Fork | 8.0 mo | $430K | 47 days | N/A |
| 13 | Round Hill | 8.0 mo | $875K | 233 days | N/A |
| 14 | Villa Heights | 8.0 mo | $107K | 51 days | N/A |
| 15 | Martinsville | 7.6 mo | $120K | 55 days | -19.2% |
| 16 | Horse Pasture | 7.0 mo | $195K | 35 days | N/A |
| 17 | Pearisburg | 7.0 mo | $160K | 93 days | N/A |
| 18 | Tazewell | 6.5 mo | $192K | 101 days | N/A |
Virginia currently has 18 buyer's markets—cities where housing inventory exceeds 6 months. In these markets, buyers typically have more negotiating power, can take their time making decisions, and may be able to purchase below asking price.
Work with a local expert who can help you take advantage of buyer-friendly conditions.
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