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HONAKER, VA 24260

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

Market Overview

Active Listings
7
⇩ 50% vs 14 last year
Pending
1
14% pending ratio
Median Price
$367,493
⇧ 122.9% vs $164,900 last year
Average Price
$856,800
⇧ 110.3% vs $407,397 last year
Days on Market
26
⇩ 75% vs 104 days last year

Market Context

Population: 5,073  ·  Density: 19.4/mi²  ·  Median household income: $38,136

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

Market Analysis

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

The HONAKER, VA real estate market (24260) currently shows 7 active listings, with 1 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 104 days last year.

The median listing price has risen 122.9% year-over-year, from $164,900 to $367,493.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 14 last year
  • Days on market: 26 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $367,493 (+122.9% YoY)
  • Average: $856,800 (+110.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.8 miles — 145 listings ($46,465,999 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24260Honaker, VA 242600.0 mi7$5,997,600$367,493$856,800
24649Swords Creek, VA 246496.0 mi3$536,499$179,000$178,833
24609Cedar Bluff, VA 2460911.4 mi18$4,534,380$220,000$251,910
24266Lebanon, VA 2426612.2 mi26$9,606,506$267,500$369,481
24641Richlands, VA 2464112.5 mi23$4,207,781$180,000$182,947
24220Birchleaf, VA 2422014.1 mi1$1,200,000$1,200,000$1,200,000
24637Pounding Mill, VA 2463716.2 mi15$4,085,880$235,000$272,392
24622Jewell Ridge, VA 2462217.7 mi1$299,000$299,000$299,000
24224Castlewood, VA 2422419.2 mi15$6,190,650$195,995$412,710
24283Saint Paul, VA 2428319.9 mi7$887,222$99,000$126,746
24614Grundy, VA 2461420.5 mi9$1,999,242$142,450$222,138
24340Glade Spring, VA 2434023.0 mi19$6,801,240$349,000$357,960
24377Tannersville, VA 2437723.8 mi1$119,999$119,999$119,999

Frequently Asked Questions

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

As of January 2026, there are 7 active listings in HONAKER, VA (zip code 24260), compared to 14 the prior year.

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

The median listing price in HONAKER, VA 24260 is $367,493 as of January 2026, a 122.9% increase from $164,900 the prior year.

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

Homes in HONAKER, VA 24260 spend an average of 26 days on the market before going under contract, compared to 104 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 January 2026, HONAKER, VA 24260 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 104 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 $7,350 compared to a typical 5% commission on the median listing price of $367,493. 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.