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CASTLEWOOD, VA 24224

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CASTLEWOOD, VA real estate market (24224) currently shows 13 active listings, with 4 pending sales. Homes are averaging 167 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 taking longer to sell, averaging 167 days on market compared to 161 days last year.

The median listing price has risen 13.5% year-over-year, from $205,000 to $232,624.

Whether you are buying or selling in CASTLEWOOD, 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: 5,810  ·  Density: 21.3/mi²  ·  Median household income: $44,026

Typical home value: $106,277  ·  Homeownership: 74.2%

Market Overview

Active Listings
13
⇩ 7.1% vs 14 last year
Pending
4
31% pending ratio
Median Price
$232,624
⇧ 13.5% vs $205,000 last year
Average Price
$451,605
⇧ 117.8% vs $207,345 last year
Days on Market
167
⇧ 3.7% vs 161 days last year

Price Per Square Foot

Median $/sqft
$83
⇩ 21% vs $105/sqft last year
Median Home Size
2,505 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 14 last year
  • Days on market: 167 now vs 161 last year

Median & Average Pricing

Year over Year
  • Median: $232,624 (+13.5% YoY)
  • Average: $451,605 (+117.8% 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 23.4 miles — 233 listings ($84,479,027 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24224Castlewood, VA 242240.0 mi14$5,449,836$193,246$389,274
24270Mendota, VA 242709.3 mi2$772,400$386,200$386,200
24271Nickelsville, VA 2427110.8 mi4$996,000$250,000$249,000
24230Coeburn, VA 2423012.1 mi23$3,676,274$165,000$159,838
24245Dungannon, VA 2424512.9 mi5$562,625$88,000$112,525
24210Abingdon, VA 2421015.7 mi62$21,924,192$316,085$353,616
24220Birchleaf, VA 2422018.2 mi2$1,248,000$624,000$624,000
24293Wise, VA 2429318.5 mi24$5,768,784$239,450$240,366
24226Clinchco, VA 2422619.7 mi6$1,350,594$112,500$225,099
24273Norton, VA 2427321.7 mi23$4,246,559$155,550$184,633
24211Abingdon, VA 2421123.1 mi46$34,695,592$464,650$754,252
24228Clintwood, VA 2422823.3 mi17$2,773,941$144,000$163,173
24656Vansant, VA 2465623.4 mi5$1,014,230$235,900$202,846

Frequently Asked Questions

How many homes are for sale in CASTLEWOOD, VA 24224?

As of March 2026, there are 13 active listings in CASTLEWOOD, VA (zip code 24224), compared to 14 the prior year.

What is the median home price in CASTLEWOOD, VA 24224?

The median listing price in CASTLEWOOD, VA 24224 is $232,624 as of March 2026, a 13.5% increase from $205,000 the prior year.

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

Homes in CASTLEWOOD, VA 24224 spend an average of 167 days on the market before going under contract, compared to 161 days the prior year.

Is it a seller's or buyer's market in CASTLEWOOD, VA 24224?

Based on current inventory and days-on-market data as of March 2026, CASTLEWOOD, VA 24224 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 167 days on market compared to 161 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CASTLEWOOD, VA 24224 save an estimated $4,652 compared to a typical 5% commission on the median listing price of $232,624. 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.