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BASSETT, VA 24055

Real Estate Market Report  ·  Henry County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The BASSETT, VA real estate market (24055) currently shows 38 active listings, with 13 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 35 days last year.

The median listing price has risen 2.4% year-over-year, from $218,725 to $223,950.

Whether you are buying or selling in BASSETT, 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: 11,647  ·  Density: 51.9/mi²  ·  Median household income: $36,210

Typical home value: $105,204  ·  Homeownership: 72.3%

Market Overview

Active Listings
38
⇧ 26.7% vs 30 last year
Pending
13
34% pending ratio
Median Price
$223,950
⇧ 2.4% vs $218,725 last year
Average Price
$274,458
⇧ 10.9% vs $247,510 last year
Days on Market
41
⇧ 17.1% vs 35 days last year

Price Per Square Foot

Median $/sqft
$136
⇩ 4.2% vs $142/sqft last year
Median Home Size
1,532 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 30 last year
  • Days on market: 41 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $223,950 (+2.4% YoY)
  • Average: $274,458 (+10.9% 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 22.9 miles — 190 listings ($55,963,174 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24055Bassett, VA 240550.0 mi37$8,807,591$194,675$238,043
24089Fieldale, VA 240894.6 mi10$2,899,730$196,175$289,973
24078Collinsville, VA 240785.4 mi19$4,410,565$173,200$232,135
24133Patrick Springs, VA 241339.4 mi7$1,422,316$204,900$203,188
24082Critz, VA 2408211.9 mi1$238,000$238,000$238,000
24148Ridgeway, VA 2414814.4 mi25$6,968,775$234,250$278,751
24151Rocky Mount, VA 2415115.3 mi59$23,090,771$366,225$391,369
24054Axton, VA 2405417.3 mi7$1,130,108$161,444$161,444
27046Sandy Ridge, NC 2704619.5 mi3$1,467,375$378,000$489,125
24092Glade Hill, VA 2409220.9 mi2$699,800$349,900$349,900
27022Lawsonville, NC 2702221.1 mi3$861,249$281,250$287,083
27027Mayodan, NC 2702722.0 mi13$2,629,094$229,225$202,238
24072Check, VA 2407222.9 mi4$1,337,800$279,848$334,450

Frequently Asked Questions

How many homes are for sale in BASSETT, VA 24055?

As of April 2026, there are 38 active listings in BASSETT, VA (zip code 24055), compared to 30 the prior year.

What is the median home price in BASSETT, VA 24055?

The median listing price in BASSETT, VA 24055 is $223,950 as of April 2026, a 2.4% increase from $218,725 the prior year.

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

Homes in BASSETT, VA 24055 spend an average of 41 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in BASSETT, VA 24055?

Based on current inventory and days-on-market data as of April 2026, BASSETT, VA 24055 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 35 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BASSETT, VA 24055 save an estimated $4,479 compared to a typical 5% commission on the median listing price of $223,950. 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.