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BANDY, VA 24602

Real Estate Market Report  ·  Tazewell County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BANDY, VA real estate market (24602) currently shows 2 active listings. Homes are averaging 87 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 selling faster, averaging 87 days on market compared to 221 days last year.

The median listing price has fallen 4.7% year-over-year, from $139,000 to $132,450.

Whether you are buying or selling in BANDY, 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: 935  ·  Density: 6.8/mi²  ·  Median household income: $37,288

Typical home value: $0  ·  Homeownership: 63.4%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$132,450
⇩ 4.7% vs $139,000 last year
Average Price
$132,450
⇧ 32.9% vs $99,667 last year
Days on Market
87
⇩ 60.6% vs 221 days last year

Price Per Square Foot

Median $/sqft
$93
⇧ 22.4% vs $76/sqft last year
Median Home Size
1,455 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 87 now vs 221 last year

Median & Average Pricing

Year over Year
  • Median: $132,450 (-4.7% YoY)
  • Average: $132,450 (+32.9% 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 22.2 miles — 87 listings ($24,045,161 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24602Bandy, VA 246020.0 mi2$269,900$134,950$134,950
24884Squire, WV 248848.9 mi1$80,000$80,000$80,000
24637Pounding Mill, VA 246379.5 mi15$4,496,235$254,900$299,749
24651Tazewell, VA 2465111.4 mi17$3,401,343$203,700$200,079
24609Cedar Bluff, VA 2460913.1 mi17$3,993,742$186,200$234,926
24639Raven, VA 2463913.6 mi3$516,201$167,200$172,067
24649Swords Creek, VA 2464916.2 mi2$592,000$296,000$296,000
24853Kimball, WV 2485318.6 mi3$160,050$12,025$53,350
24631Oakwood, VA 2463118.9 mi3$951,000$317,000$317,000
24801Welch, WV 2480120.4 mi13$2,384,200$216,250$183,400
24868Northfork, WV 2486821.7 mi3$1,586,940$528,980$528,980
24260Honaker, VA 2426021.9 mi7$5,324,550$344,450$760,650
24280Rosedale, VA 2428022.2 mi1$289,000$289,000$289,000

Frequently Asked Questions

How many homes are for sale in BANDY, VA 24602?

As of March 2026, there are 2 active listings in BANDY, VA (zip code 24602), compared to 4 the prior year.

What is the median home price in BANDY, VA 24602?

The median listing price in BANDY, VA 24602 is $132,450 as of March 2026, a 4.7% decrease from $139,000 the prior year.

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

Homes in BANDY, VA 24602 spend an average of 87 days on the market before going under contract, compared to 221 days the prior year.

Is it a seller's or buyer's market in BANDY, VA 24602?

Based on current inventory and days-on-market data as of March 2026, BANDY, VA 24602 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 87 days on market compared to 221 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BANDY, VA 24602 save an estimated $2,649 compared to a typical 5% commission on the median listing price of $132,450. 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.