Call or Text (240) SELL-123

SPEEDWELL, VA 24374

Real Estate Market Report  ·  Wythe County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The SPEEDWELL, VA real estate market (24374) currently shows 5 active listings, with 1 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 67 days on market compared to 7 days last year.

The median listing price has fallen 39.1% year-over-year, from $246,175 to $150,000.

Whether you are buying or selling in SPEEDWELL, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SPEEDWELL, VA 24374 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 556  ·  Density: 8.3/mi²  ·  Median household income: $40,924

Typical home value: $0  ·  Homeownership: 86.8%

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
1
20% pending ratio
Median Price
$150,000
⇩ 39.1% vs $246,175 last year
Average Price
$175,980
⇩ 28.5% vs $246,175 last year
Days on Market
67
⇧ 857.1% vs 7 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 129.7% vs $64/sqft last year
Median Home Size
1,184 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 67 now vs 7 last year

Median & Average Pricing

Year over Year
  • Median: $150,000 (-39.1% YoY)
  • Average: $175,980 (-28.5% 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 25.0 miles — 225 listings ($84,393,915 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24374Speedwell, VA 243740.0 mi3$902,013$309,553$300,671
24368Rural Retreat, VA 243688.9 mi19$7,649,780$233,500$402,620
24375Sugar Grove, VA 2437510.5 mi7$1,204,497$137,500$172,071
24330Fries, VA 2433010.9 mi12$3,138,492$189,700$261,541
24382Wytheville, VA 2438212.6 mi69$22,016,175$258,475$319,075
24363Mouth Of Wilson, VA 2436316.5 mi4$3,076,916$848,500$769,229
24333Galax, VA 2433318.4 mi65$20,125,755$249,675$309,627
24312Austinville, VA 2431218.6 mi6$1,144,332$183,725$190,722
24360Max Meadows, VA 2436019.4 mi18$15,337,494$342,000$852,083
28631Grassy Creek, NC 2863120.2 mi10$6,300,510$467,500$630,051
28623Ennice, NC 2862322.1 mi8$2,732,952$274,000$341,619
24313Barren Springs, VA 2431323.8 mi3$645,000$215,000$215,000
24377Tannersville, VA 2437725.0 mi1$119,999$119,999$119,999

Frequently Asked Questions

How many homes are for sale in SPEEDWELL, VA 24374?

As of July 2026, there are 5 active listings in SPEEDWELL, VA (zip code 24374), compared to 2 the prior year.

What is the median home price in SPEEDWELL, VA 24374?

The median listing price in SPEEDWELL, VA 24374 is $150,000 as of July 2026, a 39.1% decrease from $246,175 the prior year.

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

Homes in SPEEDWELL, VA 24374 spend an average of 67 days on the market before going under contract, compared to 7 days the prior year.

Is it a seller's or buyer's market in SPEEDWELL, VA 24374?

Based on current inventory and days-on-market data as of July 2026, SPEEDWELL, VA 24374 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 67 days on market compared to 7 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPEEDWELL, VA 24374 save an estimated $3,000 compared to a typical 5% commission on the median listing price of $150,000. 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.