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ELLISTON, VA 24087

Real Estate Market Report  ·  Montgomery County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The ELLISTON, VA real estate market (24087) currently shows 16 active listings, with 6 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 89 days last year.

The median listing price has fallen 53.3% year-over-year, from $599,000 to $279,500.

Whether you are buying or selling in ELLISTON, 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: 4,041  ·  Density: 34.1/mi²  ·  Median household income: $45,347

Typical home value: $128,604  ·  Homeownership: 74.0%

Market Overview

Active Listings
16
⇧ 220% vs 5 last year
Pending
6
38% pending ratio
Median Price
$279,500
⇩ 53.3% vs $599,000 last year
Average Price
$344,203
⇩ 44.5% vs $619,667 last year
Days on Market
41
⇩ 53.9% vs 89 days last year

Price Per Square Foot

Median $/sqft
$181
⇩ 0.5% vs $182/sqft last year
Median Home Size
1,580 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 16 this year vs 5 last year
  • Days on market: 41 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $279,500 (-53.3% YoY)
  • Average: $344,203 (-44.5% 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 20.2 miles — 680 listings ($288,837,243 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24087Elliston, VA 240870.0 mi4$1,996,000$499,000$499,000
24059Bent Mountain, VA 240598.0 mi7$5,165,601$419,825$737,943
24060Blacksburg, VA 240609.7 mi107$72,145,606$535,500$674,258
24018Roanoke, VA 2401811.3 mi155$70,889,250$409,950$457,350
24138Pilot, VA 2413812.7 mi7$3,817,681$334,250$545,383
24072Check, VA 2407213.0 mi4$1,337,800$279,848$334,450
24017Roanoke, VA 2401714.8 mi86$18,039,016$199,950$209,756
24067Callaway, VA 2406716.3 mi8$3,201,816$424,813$400,227
24011Roanoke, VA 2401117.1 mi1$2,100,000$2,100,000$2,100,000
24149Riner, VA 2414917.4 mi13$7,103,694$522,450$546,438
24019Roanoke, VA 2401918.0 mi101$36,816,015$332,488$364,515
24014Roanoke, VA 2401418.4 mi64$31,187,968$347,250$487,312
24012Roanoke, VA 2401220.2 mi123$35,036,796$269,925$284,852

Frequently Asked Questions

How many homes are for sale in ELLISTON, VA 24087?

As of June 2026, there are 16 active listings in ELLISTON, VA (zip code 24087), compared to 5 the prior year.

What is the median home price in ELLISTON, VA 24087?

The median listing price in ELLISTON, VA 24087 is $279,500 as of June 2026, a 53.3% decrease from $599,000 the prior year.

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

Homes in ELLISTON, VA 24087 spend an average of 41 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in ELLISTON, VA 24087?

Based on current inventory and days-on-market data as of June 2026, ELLISTON, VA 24087 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 89 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELLISTON, VA 24087 save an estimated $5,590 compared to a typical 5% commission on the median listing price of $279,500. 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.