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IVANHOE, VA 24350

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The IVANHOE, VA real estate market (24350) currently shows 6 active listings, with 1 pending sales. Homes are averaging 217 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 217 days on market compared to 112 days last year.

The median listing price has fallen 26.6% year-over-year, from $259,000 to $190,000.

Whether you are buying or selling in IVANHOE, 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: 1,428  ·  Density: 11.3/mi²  ·  Median household income: $48,889

Typical home value: $99,008  ·  Homeownership: 86.3%

Market Overview

Active Listings
6
⇧ 50% vs 4 last year
Pending
1
17% pending ratio
Median Price
$190,000
⇩ 26.6% vs $259,000 last year
Average Price
$217,200
⇩ 18.4% vs $266,167 last year
Days on Market
217
⇧ 93.8% vs 112 days last year

Price Per Square Foot

Median $/sqft
$140
⇩ 8.5% vs $153/sqft last year
Median Home Size
1,464 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 4 last year
  • Days on market: 217 now vs 112 last year

Median & Average Pricing

Year over Year
  • Median: $190,000 (-26.6% YoY)
  • Average: $217,200 (-18.4% 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 22.8 miles — 262 listings ($96,042,579 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24350Ivanhoe, VA 243500.0 mi6$1,300,428$185,000$216,738
24312Austinville, VA 243128.3 mi6$1,144,332$183,725$190,722
24360Max Meadows, VA 2436010.9 mi18$15,337,494$342,000$852,083
24326Elk Creek, VA 2432611.5 mi7$3,038,567$464,700$434,081
24333Galax, VA 2433312.8 mi65$20,125,755$249,675$309,627
24348Independence, VA 2434814.7 mi14$4,926,852$283,075$351,918
24324Draper, VA 2432417.0 mi13$9,714,718$475,000$747,286
28623Ennice, NC 2862319.5 mi8$2,732,952$274,000$341,619
24375Sugar Grove, VA 2437520.8 mi7$1,204,497$137,500$172,071
24301Pulaski, VA 2430121.2 mi72$17,801,856$209,500$247,248
28675Sparta, NC 2867522.0 mi34$15,263,688$299,350$448,932
24347Hiwassee, VA 2434722.4 mi6$1,987,590$346,750$331,265
24325Dugspur, VA 2432522.8 mi6$1,463,850$234,950$243,975

Frequently Asked Questions

How many homes are for sale in IVANHOE, VA 24350?

As of March 2026, there are 6 active listings in IVANHOE, VA (zip code 24350), compared to 4 the prior year.

What is the median home price in IVANHOE, VA 24350?

The median listing price in IVANHOE, VA 24350 is $190,000 as of March 2026, a 26.6% decrease from $259,000 the prior year.

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

Homes in IVANHOE, VA 24350 spend an average of 217 days on the market before going under contract, compared to 112 days the prior year.

Is it a seller's or buyer's market in IVANHOE, VA 24350?

Based on current inventory and days-on-market data as of March 2026, IVANHOE, VA 24350 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 217 days on market compared to 112 days last year.

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

With SELL123.com's maximum 3% commission, sellers in IVANHOE, VA 24350 save an estimated $3,800 compared to a typical 5% commission on the median listing price of $190,000. 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.