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MEADOWS OF DAN, VA 24120

Real Estate Market Report  ·  Patrick County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MEADOWS OF DAN, VA real estate market (24120) currently shows 27 active listings, with 5 pending sales. Homes are averaging 147 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 taking longer to sell, averaging 147 days on market compared to 57 days last year.

The median listing price has fallen 13.2% year-over-year, from $453,750 to $393,675.

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Market Context

Market Context

Population: 1,866  ·  Density: 9.5/mi²  ·  Median household income: $45,678

Typical home value: $169,409  ·  Homeownership: 76.4%

Market Overview

Active Listings
27
⇧ 68.8% vs 16 last year
Pending
5
19% pending ratio
Median Price
$393,675
⇩ 13.2% vs $453,750 last year
Average Price
$1,914,211
⇧ 88% vs $1,018,444 last year
Days on Market
147
⇧ 157.9% vs 57 days last year

Price Per Square Foot

Median $/sqft
$240
⇩ 3.6% vs $249/sqft last year
Median Home Size
1,761 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 16 last year
  • Days on market: 147 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $393,675 (-13.2% YoY)
  • Average: $1,914,211 (+88% 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 — 138 listings ($111,406,782 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24120Meadows Of Dan, VA 241200.0 mi15$49,138,125$2,825,000$3,275,875
24076Claudville, VA 240768.4 mi2$685,000$342,500$342,500
24053Ararat, VA 2405310.0 mi4$970,400$237,000$242,600
24380Willis, VA 2438010.7 mi7$4,356,660$599,975$622,380
24091Floyd, VA 2409114.8 mi26$17,809,142$596,500$684,967
24328Fancy Gap, VA 2432816.1 mi30$10,147,890$328,500$338,263
24317Cana, VA 2431716.4 mi12$6,581,604$257,000$548,467
24082Critz, VA 2408216.8 mi1$238,000$238,000$238,000
27022Lawsonville, NC 2702217.8 mi3$861,249$281,250$287,083
24149Riner, VA 2414921.0 mi13$7,103,694$522,450$546,438
24347Hiwassee, VA 2434721.4 mi6$1,987,590$346,750$331,265
27016Danbury, NC 2701621.8 mi8$2,967,888$247,425$370,986
24088Ferrum, VA 2408822.1 mi11$8,559,540$377,425$778,140

Frequently Asked Questions

How many homes are for sale in MEADOWS OF DAN, VA 24120?

As of September 2026, there are 27 active listings in MEADOWS OF DAN, VA (zip code 24120), compared to 16 the prior year.

What is the median home price in MEADOWS OF DAN, VA 24120?

The median listing price in MEADOWS OF DAN, VA 24120 is $393,675 as of September 2026, a 13.2% decrease from $453,750 the prior year.

How long do homes stay on the market in MEADOWS OF DAN, VA?

Homes in MEADOWS OF DAN, VA 24120 spend an average of 147 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in MEADOWS OF DAN, VA 24120?

Based on current inventory and days-on-market data as of September 2026, MEADOWS OF DAN, VA 24120 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 147 days on market compared to 57 days last year.

How much can I save on real estate commission in MEADOWS OF DAN, VA?

With SELL123.com's maximum 3% commission, sellers in MEADOWS OF DAN, VA 24120 save an estimated $7,874 compared to a typical 5% commission on the median listing price of $393,675. 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.