Gilmer Terrace · Oakland · Whittletown · Woodlawn · Woodlawn Heights
Data as of March 2026. Source: Realtor.com.
The CHATHAM, VA real estate market (24531) currently shows 26 active listings, with 5 pending sales. Homes are averaging 70 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 70 days on market compared to 57 days last year.
The median listing price has fallen 21% year-over-year, from $262,400 to $207,225.
Whether you are buying or selling in CHATHAM, 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.
Population: 9,182 · Density: 18.0/mi² · Median household income: $49,087
Typical home value: $131,639 · Homeownership: 77.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24531 | Chatham, VA 24531 | 0.0 mi | 26 | $6,876,324 | $211,575 | $264,474 |
| 24549 | Dry Fork, VA 24549 | 9.2 mi | 13 | $4,907,032 | $330,000 | $377,464 |
| 24557 | Gretna, VA 24557 | 11.7 mi | 31 | $8,938,571 | $236,725 | $288,341 |
| 24137 | Penhook, VA 24137 | 13.1 mi | 21 | $31,705,821 | $1,118,500 | $1,509,801 |
| 24540 | Danville, VA 24540 | 13.6 mi | 110 | $21,971,840 | $169,675 | $199,744 |
| 24541 | Danville, VA 24541 | 17.6 mi | 97 | $30,708,454 | $248,950 | $316,582 |
| 24176 | Union Hall, VA 24176 | 18.1 mi | 12 | $8,921,904 | $699,225 | $743,492 |
| 24586 | Ringgold, VA 24586 | 18.3 mi | 9 | $2,899,467 | $311,675 | $322,163 |
| 24594 | Sutherlin, VA 24594 | 19.8 mi | 3 | $2,122,500 | $707,500 | $707,500 |
| 24069 | Cascade, VA 24069 | 20.7 mi | 9 | $2,327,535 | $237,250 | $258,615 |
| 24092 | Glade Hill, VA 24092 | 20.9 mi | 2 | $699,800 | $349,900 | $349,900 |
| 27315 | Providence, NC 27315 | 23.2 mi | 8 | $2,260,560 | $324,900 | $282,570 |
| 24517 | Altavista, VA 24517 | 24.1 mi | 30 | $8,598,870 | $242,425 | $286,629 |
As of March 2026, there are 26 active listings in CHATHAM, VA (zip code 24531), compared to 13 the prior year.
The median listing price in CHATHAM, VA 24531 is $207,225 as of March 2026, a 21% decrease from $262,400 the prior year.
Homes in CHATHAM, VA 24531 spend an average of 70 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of March 2026, CHATHAM, VA 24531 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in CHATHAM, VA 24531 save an estimated $4,145 compared to a typical 5% commission on the median listing price of $207,225. 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.