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ELK CREEK, VA 24326

Real Estate Market Report  ·  Grayson County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The ELK CREEK, VA real estate market (24326) currently shows 7 active listings, with 1 pending sales. Homes are averaging 205 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 205 days on market compared to 53 days last year.

The median listing price has risen 39.2% year-over-year, from $349,900 to $487,175.

Whether you are buying or selling in ELK CREEK, 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: 796  ·  Density: 5.9/mi²  ·  Median household income: $39,563

Typical home value: $133,672  ·  Homeownership: 86.5%

Market Overview

Active Listings
7
⇩ 22.2% vs 9 last year
Pending
1
14% pending ratio
Median Price
$487,175
⇧ 39.2% vs $349,900 last year
Average Price
$450,120
⇩ 7.7% vs $487,474 last year
Days on Market
205
⇧ 286.8% vs 53 days last year

Price Per Square Foot

Median $/sqft
$213
⇧ 8.1% vs $197/sqft last year
Median Home Size
2,437 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 9 last year
  • Days on market: 205 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $487,175 (+39.2% YoY)
  • Average: $450,120 (-7.7% 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 22.6 miles — 159 listings ($59,072,984 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24326Elk Creek, VA 243260.0 mi7$3,038,567$464,700$434,081
24348Independence, VA 243486.3 mi14$4,926,852$283,075$351,918
24375Sugar Grove, VA 2437511.2 mi7$1,204,497$137,500$172,071
24368Rural Retreat, VA 2436812.8 mi19$7,649,780$233,500$402,620
24363Mouth Of Wilson, VA 2436313.8 mi4$3,076,916$848,500$769,229
24311Atkins, VA 2431115.2 mi4$993,900$248,475$248,475
24333Galax, VA 2433316.0 mi65$20,125,755$249,675$309,627
28631Grassy Creek, NC 2863117.0 mi10$6,300,510$467,500$630,051
24312Austinville, VA 2431219.5 mi6$1,144,332$183,725$190,722
24381Woodlawn, VA 2438119.8 mi10$3,556,200$334,250$355,620
28644Laurel Springs, NC 2864420.9 mi9$6,137,775$450,000$681,975
24318Ceres, VA 2431821.6 mi2$254,900$127,450$127,450
24292Whitetop, VA 2429222.6 mi2$663,000$331,500$331,500

Frequently Asked Questions

How many homes are for sale in ELK CREEK, VA 24326?

As of April 2026, there are 7 active listings in ELK CREEK, VA (zip code 24326), compared to 9 the prior year.

What is the median home price in ELK CREEK, VA 24326?

The median listing price in ELK CREEK, VA 24326 is $487,175 as of April 2026, a 39.2% increase from $349,900 the prior year.

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

Homes in ELK CREEK, VA 24326 spend an average of 205 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in ELK CREEK, VA 24326?

Based on current inventory and days-on-market data as of April 2026, ELK CREEK, VA 24326 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 205 days on market compared to 53 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELK CREEK, VA 24326 save an estimated $9,744 compared to a typical 5% commission on the median listing price of $487,175. 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.