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RUSTBURG, VA 24588

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The RUSTBURG, VA real estate market (24588) currently shows 73 active listings, with 37 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

The median listing price has risen 15.4% year-over-year, from $299,900 to $346,150.

Whether you are buying or selling in RUSTBURG, 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: 9,265  ·  Density: 49.6/mi²  ·  Median household income: $62,459

Typical home value: $178,431  ·  Homeownership: 70.8%

Market Overview

Active Listings
73
⇧ 5.8% vs 69 last year
Pending
37
51% pending ratio
Median Price
$346,150
⇧ 15.4% vs $299,900 last year
Average Price
$374,649
⇧ 9.7% vs $341,556 last year
Days on Market
52
vs 52 days last year

Price Per Square Foot

Median $/sqft
$202
⇧ 12.8% vs $179/sqft last year
Median Home Size
1,663 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 73 this year vs 69 last year
  • Days on market: 52 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $346,150 (+15.4% YoY)
  • Average: $374,649 (+9.7% 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 24.4 miles — 618 listings ($264,784,098 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24588Rustburg, VA 245880.0 mi52$19,825,260$369,770$381,255
24504Lynchburg, VA 245047.6 mi46$13,857,822$221,000$301,257
24502Lynchburg, VA 245029.1 mi185$57,959,575$299,300$313,295
24550Evington, VA 245509.5 mi19$8,117,579$384,900$427,241
24593Spout Spring, VA 2459311.1 mi12$3,788,856$333,150$315,738
24551Forest, VA 2455114.3 mi102$56,536,152$434,900$554,276
24503Lynchburg, VA 2450315.2 mi79$37,203,786$449,450$470,934
24571Lynch Station, VA 2457117.8 mi16$7,961,472$396,725$497,592
24556Goode, VA 2455618.5 mi24$19,036,584$629,950$793,191
23959Phenix, VA 2395920.0 mi2$207,398$103,699$103,699
24104Huddleston, VA 2410423.1 mi56$32,652,088$432,000$583,073
24577Nathalie, VA 2457723.6 mi14$3,123,918$163,725$223,137
23958Pamplin, VA 2395824.4 mi11$4,513,608$368,500$410,328

Frequently Asked Questions

How many homes are for sale in RUSTBURG, VA 24588?

As of June 2026, there are 73 active listings in RUSTBURG, VA (zip code 24588), compared to 69 the prior year.

What is the median home price in RUSTBURG, VA 24588?

The median listing price in RUSTBURG, VA 24588 is $346,150 as of June 2026, a 15.4% increase from $299,900 the prior year.

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

Homes in RUSTBURG, VA 24588 spend an average of 52 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in RUSTBURG, VA 24588?

Based on current inventory and days-on-market data as of June 2026, RUSTBURG, VA 24588 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in RUSTBURG, VA 24588 save an estimated $6,923 compared to a typical 5% commission on the median listing price of $346,150. 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.