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RURAL RETREAT, VA 24368

Real Estate Market Report  ·  Wythe County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The RURAL RETREAT, VA real estate market (24368) currently shows 19 active listings, with 6 pending sales. Homes are averaging 79 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 79 days on market compared to 89 days last year.

The median listing price has fallen 4.3% year-over-year, from $279,000 to $267,000.

Whether you are buying or selling in RURAL RETREAT, 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: 5,079  ·  Density: 22.6/mi²  ·  Median household income: $64,000

Typical home value: $148,517  ·  Homeownership: 86.2%

Market Overview

Active Listings
19
⇧ 58.3% vs 12 last year
Pending
6
32% pending ratio
Median Price
$267,000
⇩ 4.3% vs $279,000 last year
Average Price
$435,875
⇧ 41.4% vs $308,350 last year
Days on Market
79
⇩ 11.2% vs 89 days last year

Price Per Square Foot

Median $/sqft
$143
⇩ 20.1% vs $179/sqft last year
Median Home Size
2,066 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 19 this year vs 12 last year
  • Days on market: 79 now vs 89 last year

Median & Average Pricing

Year over Year
  • Median: $267,000 (-4.3% YoY)
  • Average: $435,875 (+41.4% 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 24.7 miles — 137 listings ($52,814,921 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24368Rural Retreat, VA 243680.0 mi19$7,649,780$233,500$402,620
24318Ceres, VA 243188.8 mi2$254,900$127,450$127,450
24375Sugar Grove, VA 243759.8 mi7$1,204,497$137,500$172,071
24326Elk Creek, VA 2432612.8 mi7$3,038,567$464,700$434,081
24378Troutdale, VA 2437815.7 mi9$4,633,020$429,000$514,780
24377Tannersville, VA 2437716.7 mi1$119,999$119,999$119,999
24348Independence, VA 2434818.9 mi14$4,926,852$283,075$351,918
24314Bastian, VA 2431419.9 mi3$1,497,324$544,925$499,108
24370Saltville, VA 2437021.7 mi21$3,784,263$128,750$180,203
24315Bland, VA 2431521.8 mi9$2,996,550$271,250$332,950
24360Max Meadows, VA 2436022.2 mi18$15,337,494$342,000$852,083
24605Bluefield, VA 2460524.3 mi25$6,708,675$171,675$268,347
24292Whitetop, VA 2429224.7 mi2$663,000$331,500$331,500

Frequently Asked Questions

How many homes are for sale in RURAL RETREAT, VA 24368?

As of March 2026, there are 19 active listings in RURAL RETREAT, VA (zip code 24368), compared to 12 the prior year.

What is the median home price in RURAL RETREAT, VA 24368?

The median listing price in RURAL RETREAT, VA 24368 is $267,000 as of March 2026, a 4.3% decrease from $279,000 the prior year.

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

Homes in RURAL RETREAT, VA 24368 spend an average of 79 days on the market before going under contract, compared to 89 days the prior year.

Is it a seller's or buyer's market in RURAL RETREAT, VA 24368?

Based on current inventory and days-on-market data as of March 2026, RURAL RETREAT, VA 24368 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 79 days on market compared to 89 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RURAL RETREAT, VA 24368 save an estimated $5,340 compared to a typical 5% commission on the median listing price of $267,000. 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.