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CEDAR BLUFF, VA 24609

Real Estate Market Report  ·  Tazewell County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CEDAR BLUFF, VA real estate market (24609) currently shows 15 active listings, with 4 pending sales. Homes are averaging 159 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 159 days on market compared to 133 days last year.

The median listing price has fallen 3.3% year-over-year, from $229,950 to $222,475.

Whether you are buying or selling in CEDAR BLUFF, 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: 6,613  ·  Density: 30.5/mi²  ·  Median household income: $49,394

Typical home value: $134,196  ·  Homeownership: 74.6%

Market Overview

Active Listings
15
⇩ 16.7% vs 18 last year
Pending
4
27% pending ratio
Median Price
$222,475
⇩ 3.3% vs $229,950 last year
Average Price
$245,770
⇧ 2.7% vs $239,279 last year
Days on Market
159
⇧ 19.5% vs 133 days last year

Price Per Square Foot

Median $/sqft
$115
⇧ 1.8% vs $113/sqft last year
Median Home Size
2,442 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 18 last year
  • Days on market: 159 now vs 133 last year

Median & Average Pricing

Year over Year
  • Median: $222,475 (-3.3% YoY)
  • Average: $245,770 (+2.7% 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 24.3 miles — 153 listings ($40,534,191 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24609Cedar Bluff, VA 246090.0 mi17$3,993,742$186,200$234,926
24641Richlands, VA 246416.2 mi25$4,674,450$186,200$186,978
24280Rosedale, VA 242809.6 mi1$289,000$289,000$289,000
24260Honaker, VA 2426011.4 mi7$5,324,550$344,450$760,650
24377Tannersville, VA 2437712.6 mi1$119,999$119,999$119,999
24622Jewell Ridge, VA 2462213.2 mi1$299,000$299,000$299,000
24631Oakwood, VA 2463117.2 mi3$951,000$317,000$317,000
24340Glade Spring, VA 2434019.2 mi17$4,899,077$267,450$288,181
24630North Tazewell, VA 2463020.1 mi12$3,685,152$254,950$307,096
24354Marion, VA 2435420.1 mi59$14,210,091$214,000$240,849
24656Vansant, VA 2465620.7 mi5$1,014,230$235,900$202,846
24884Squire, WV 2488421.9 mi1$80,000$80,000$80,000
24311Atkins, VA 2431124.3 mi4$993,900$248,475$248,475

Frequently Asked Questions

How many homes are for sale in CEDAR BLUFF, VA 24609?

As of March 2026, there are 15 active listings in CEDAR BLUFF, VA (zip code 24609), compared to 18 the prior year.

What is the median home price in CEDAR BLUFF, VA 24609?

The median listing price in CEDAR BLUFF, VA 24609 is $222,475 as of March 2026, a 3.3% decrease from $229,950 the prior year.

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

Homes in CEDAR BLUFF, VA 24609 spend an average of 159 days on the market before going under contract, compared to 133 days the prior year.

Is it a seller's or buyer's market in CEDAR BLUFF, VA 24609?

Based on current inventory and days-on-market data as of March 2026, CEDAR BLUFF, VA 24609 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 159 days on market compared to 133 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CEDAR BLUFF, VA 24609 save an estimated $4,450 compared to a typical 5% commission on the median listing price of $222,475. 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.