Call or Text (240) SELL-123

CASTLEWOOD, VA 24224

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

Market Analysis

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

The CASTLEWOOD, VA real estate market (24224) currently shows 18 active listings, with 2 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 142 days last year.

The median listing price has risen 25.2% year-over-year, from $181,375 to $227,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CASTLEWOOD, VA 24224 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
18
⇧ 63.6% vs 11 last year
Pending
2
11% pending ratio
Median Price
$227,000
⇧ 25.2% vs $181,375 last year
Average Price
$367,209
⇩ 31.3% vs $534,308 last year
Days on Market
66
⇩ 53.5% vs 142 days last year

Price Per Square Foot

Median $/sqft
$111
⇧ 12.1% vs $99/sqft last year
Median Home Size
2,045 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 11 last year
  • Days on market: 66 now vs 142 last year

Median & Average Pricing

Year over Year
  • Median: $227,000 (+25.2% YoY)
  • Average: $367,209 (-31.3% 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 June 2026, there are 18 active listings in CASTLEWOOD, VA (zip code 24224), compared to 11 the prior year.

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

The median listing price in CASTLEWOOD, VA 24224 is $227,000 as of June 2026, a 25.2% increase from $181,375 the prior year.

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

Homes in CASTLEWOOD, VA 24224 spend an average of 66 days on the market before going under contract, compared to 142 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 June 2026, CASTLEWOOD, VA 24224 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 142 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 $4,540 compared to a typical 5% commission on the median listing price of $227,000. 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.