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ARARAT, VA 24053

Real Estate Market Report
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The ARARAT, VA real estate market (24053) currently shows 5 active listings, with 1 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 18 days on market compared to 54 days last year.

The median listing price has fallen 19.5% year-over-year, from $320,500 to $258,067.

Whether you are buying or selling in ARARAT, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,092  ·  Density: 16.1/mi²  ·  Median household income: $42,302

Typical home value: $123,788  ·  Homeownership: 76.6%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
1
20% pending ratio
Median Price
$258,067
⇩ 19.5% vs $320,500 last year
Average Price
$431,296
⇧ 43.3% vs $300,917 last year
Days on Market
18
⇩ 66.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$203
⇧ 125.6% vs $90/sqft last year
Median Home Size
1,343 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 18 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $258,067 (-19.5% YoY)
  • Average: $431,296 (+43.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.1 miles — 227 listings ($126,072,169 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24053Ararat, VA 240530.0 mi4$970,400$237,000$242,600
24352Laurel Fork, VA 243527.3 mi8$5,011,312$449,000$626,414
24328Fancy Gap, VA 243289.6 mi30$10,147,890$328,500$338,263
24120Meadows Of Dan, VA 2412010.0 mi15$49,138,125$2,825,000$3,275,875
27041Pilot Mountain, NC 2704113.7 mi21$9,578,835$346,000$456,135
24343Hillsville, VA 2434314.2 mi35$10,770,725$285,874$307,735
27007Ararat, NC 2700715.7 mi5$1,472,575$274,000$294,515
24380Willis, VA 2438017.1 mi7$4,356,660$599,975$622,380
24381Woodlawn, VA 2438118.7 mi10$3,556,200$334,250$355,620
27043Pinnacle, NC 2704319.4 mi6$3,212,058$499,975$535,343
27017Dobson, NC 2701720.2 mi19$7,141,834$373,475$375,886
27047Siloam, NC 2704720.8 mi2$589,800$294,900$294,900
24333Galax, VA 2433322.1 mi65$20,125,755$249,675$309,627

Frequently Asked Questions

How many homes are for sale in ARARAT, VA 24053?

As of July 2026, there are 5 active listings in ARARAT, VA (zip code 24053), compared to 6 the prior year.

What is the median home price in ARARAT, VA 24053?

The median listing price in ARARAT, VA 24053 is $258,067 as of July 2026, a 19.5% decrease from $320,500 the prior year.

How long do homes stay on the market in ARARAT, VA?

Homes in ARARAT, VA 24053 spend an average of 18 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in ARARAT, VA 24053?

Based on current inventory and days-on-market data as of July 2026, ARARAT, VA 24053 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 54 days last year.

How much can I save on real estate commission in ARARAT, VA?

With SELL123.com's maximum 3% commission, sellers in ARARAT, VA 24053 save an estimated $5,161 compared to a typical 5% commission on the median listing price of $258,067. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.