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MILLBORO, VA 24460

Real Estate Market Report  ·  Bath County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$165,000
⇩ 36.5% vs $260,000 last year
Average Price
$165,000
⇩ 40.6% vs $277,800 last year
Days on Market
275
⇧ 145.5% vs 112 days last year

Market Context

Population: 1,195  ·  Density: 1.8/mi²  ·  Median household income: $39,250

Typical home value: $216,396  ·  Homeownership: 72.8%

Market Analysis

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

The MILLBORO, VA real estate market (24460) currently shows 3 active listings, with 1 pending sales. Homes are averaging 275 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 275 days on market compared to 112 days last year.

The median listing price has fallen 36.5% year-over-year, from $260,000 to $165,000.

Whether you are buying or selling in MILLBORO, 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: 3 this year vs 5 last year
  • Days on market: 275 now vs 112 last year

Median & Average Pricing

Year over Year
  • Median: $165,000 (-36.5% YoY)
  • Average: $165,000 (-40.6% 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 26.5 miles — 125 listings ($61,336,864 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24460Millboro, VA 244600.0 mi3$495,000$165,000$165,000
24484Warm Springs, VA 2448412.5 mi3$795,000$265,000$265,000
24445Hot Springs, VA 2444513.1 mi16$13,865,200$438,950$866,575
24473Rockbridge Baths, VA 2447315.1 mi5$2,182,400$379,000$436,480
24430Craigsville, VA 2443017.2 mi5$737,500$147,500$147,500
24450Lexington, VA 2445017.9 mi60$31,040,520$381,395$517,342
24459Middlebrook, VA 2445919.8 mi4$2,292,000$573,000$573,000
24458McDowell, VA 2445822.6 mi3$404,799$144,900$134,933
24479Swoope, VA 2447924.1 mi4$2,596,000$649,000$649,000
24934Dunmore, WV 2493424.9 mi2$718,000$359,000$359,000
24465Monterey, VA 2446525.8 mi7$3,674,419$319,750$524,917
24085Eagle Rock, VA 2408526.0 mi8$1,250,536$169,950$156,317
24440Greenville, VA 2444026.5 mi5$1,285,490$225,000$257,098

Frequently Asked Questions

How many homes are for sale in MILLBORO, VA 24460?

As of January 2026, there are 3 active listings in MILLBORO, VA (zip code 24460), compared to 5 the prior year.

What is the median home price in MILLBORO, VA 24460?

The median listing price in MILLBORO, VA 24460 is $165,000 as of January 2026, a 36.5% decrease from $260,000 the prior year.

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

Homes in MILLBORO, VA 24460 spend an average of 275 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 MILLBORO, VA 24460?

Based on current inventory and days-on-market data as of January 2026, MILLBORO, VA 24460 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 275 days on market compared to 112 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILLBORO, VA 24460 save an estimated $3,300 compared to a typical 5% commission on the median listing price of $165,000. 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.