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RIDGEWAY, VA 24148

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 RIDGEWAY, VA real estate market (24148) currently shows 24 active listings, with 10 pending sales. Homes are averaging 88 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 88 days on market compared to 81 days last year.

The median listing price has risen 6% year-over-year, from $255,925 to $271,225.

Whether you are buying or selling in RIDGEWAY, 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: 8,554  ·  Density: 46.6/mi²  ·  Median household income: $54,294

Typical home value: $129,728  ·  Homeownership: 80.4%

Market Overview

Active Listings
24
⇧ 50% vs 16 last year
Pending
10
42% pending ratio
Median Price
$271,225
⇧ 6% vs $255,925 last year
Average Price
$304,508
⇧ 19.2% vs $255,460 last year
Days on Market
88
⇧ 8.6% vs 81 days last year

Price Per Square Foot

Median $/sqft
$144
⇧ 4.3% vs $138/sqft last year
Median Home Size
1,594 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 16 last year
  • Days on market: 88 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $271,225 (+6% YoY)
  • Average: $304,508 (+19.2% 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 22.3 miles — 509 listings ($137,336,100 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24148Ridgeway, VA 241480.0 mi25$6,968,775$234,250$278,751
27288Eden, NC 272889.1 mi97$24,523,346$199,450$252,818
24112Martinsville, VA 241129.9 mi131$28,277,398$177,000$215,858
24078Collinsville, VA 2407810.1 mi19$4,410,565$173,200$232,135
24054Axton, VA 2405411.5 mi7$1,130,108$161,444$161,444
24069Cascade, VA 2406913.0 mi9$2,327,535$237,250$258,615
24055Bassett, VA 2405514.3 mi37$8,807,591$194,675$238,043
27025Madison, NC 2702515.2 mi28$10,535,616$367,500$376,272
24102Henry, VA 2410219.2 mi9$2,248,443$197,500$249,827
27326Ruffin, NC 2732619.5 mi9$2,899,557$289,975$322,173
24541Danville, VA 2454119.8 mi97$30,708,454$248,950$316,582
24171Stuart, VA 2417121.2 mi28$9,591,680$249,000$342,560
24549Dry Fork, VA 2454922.3 mi13$4,907,032$330,000$377,464

Frequently Asked Questions

How many homes are for sale in RIDGEWAY, VA 24148?

As of April 2026, there are 24 active listings in RIDGEWAY, VA (zip code 24148), compared to 16 the prior year.

What is the median home price in RIDGEWAY, VA 24148?

The median listing price in RIDGEWAY, VA 24148 is $271,225 as of April 2026, a 6% increase from $255,925 the prior year.

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

Homes in RIDGEWAY, VA 24148 spend an average of 88 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in RIDGEWAY, VA 24148?

Based on current inventory and days-on-market data as of April 2026, RIDGEWAY, VA 24148 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 88 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RIDGEWAY, VA 24148 save an estimated $5,425 compared to a typical 5% commission on the median listing price of $271,225. 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.