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HONAKER, VA 24260

Real Estate Market Report  ·  Russell County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The HONAKER, VA real estate market (24260) currently shows 9 active listings, with 2 pending sales. Homes are averaging 92 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 92 days on market compared to 109 days last year.

The median listing price has risen 22.9% year-over-year, from $174,975 to $215,000.

Whether you are buying or selling in HONAKER, 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: 5,073  ·  Density: 19.4/mi²  ·  Median household income: $38,136

Typical home value: $95,279  ·  Homeownership: 71.5%

Market Overview

Active Listings
9
⇩ 50% vs 18 last year
Pending
2
22% pending ratio
Median Price
$215,000
⇧ 22.9% vs $174,975 last year
Average Price
$655,000
⇧ 33.2% vs $491,696 last year
Days on Market
92
⇩ 15.6% vs 109 days last year

Price Per Square Foot

Median $/sqft
$134
⇧ 9.8% vs $122/sqft last year
Median Home Size
1,850 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 18 last year
  • Days on market: 92 now vs 109 last year

Median & Average Pricing

Year over Year
  • Median: $215,000 (+22.9% YoY)
  • Average: $655,000 (+33.2% 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 23.8 miles — 136 listings ($42,500,561 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24260Honaker, VA 242600.0 mi7$5,324,550$344,450$760,650
24649Swords Creek, VA 246496.0 mi2$592,000$296,000$296,000
24609Cedar Bluff, VA 2460911.4 mi17$3,993,742$186,200$234,926
24266Lebanon, VA 2426612.2 mi33$13,153,833$331,225$398,601
24641Richlands, VA 2464112.5 mi25$4,674,450$186,200$186,978
24220Birchleaf, VA 2422014.1 mi2$1,248,000$624,000$624,000
24637Pounding Mill, VA 2463716.2 mi15$4,496,235$254,900$299,749
24622Jewell Ridge, VA 2462217.7 mi1$299,000$299,000$299,000
24224Castlewood, VA 2422419.2 mi14$5,449,836$193,246$389,274
24283Saint Paul, VA 2428319.9 mi7$850,115$99,000$121,445
24614Grundy, VA 2461420.5 mi10$1,909,000$134,475$190,900
24602Bandy, VA 2460221.9 mi2$269,900$134,950$134,950
24607Breaks, VA 2460723.8 mi1$239,900$239,900$239,900

Frequently Asked Questions

How many homes are for sale in HONAKER, VA 24260?

As of April 2026, there are 9 active listings in HONAKER, VA (zip code 24260), compared to 18 the prior year.

What is the median home price in HONAKER, VA 24260?

The median listing price in HONAKER, VA 24260 is $215,000 as of April 2026, a 22.9% increase from $174,975 the prior year.

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

Homes in HONAKER, VA 24260 spend an average of 92 days on the market before going under contract, compared to 109 days the prior year.

Is it a seller's or buyer's market in HONAKER, VA 24260?

Based on current inventory and days-on-market data as of April 2026, HONAKER, VA 24260 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 92 days on market compared to 109 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HONAKER, VA 24260 save an estimated $4,300 compared to a typical 5% commission on the median listing price of $215,000. 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.