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TAZEWELL, VA 24651

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

Market Overview

Active Listings
19
⇩ 29.6% vs 27 last year
Pending
3
16% pending ratio
Median Price
$187,500
⇧ 10.6% vs $169,500 last year
Average Price
$224,240
⇩ 54.9% vs $496,687 last year
Days on Market
118
⇧ 47.5% vs 80 days last year

Market Context

Population: 5,872  ·  Density: 14.9/mi²  ·  Median household income: $44,866

Typical home value: $119,128  ·  Homeownership: 76.0%

Market Analysis

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

The TAZEWELL, VA real estate market (24651) currently shows 19 active listings, with 3 pending sales. Homes are averaging 118 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 118 days on market compared to 80 days last year.

The median listing price has risen 10.6% year-over-year, from $169,500 to $187,500.

Whether you are buying or selling in TAZEWELL, 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: 19 this year vs 27 last year
  • Days on market: 118 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $187,500 (+10.6% YoY)
  • Average: $224,240 (-54.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.2 miles — 172 listings ($41,559,782 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24651Tazewell, VA 246510.0 mi19$4,260,560$187,500$224,240
24630North Tazewell, VA 246306.7 mi8$2,564,456$269,450$320,557
24637Pounding Mill, VA 2463711.7 mi15$4,085,880$235,000$272,392
24884Squire, WV 2488414.2 mi1$80,000$80,000$80,000
24370Saltville, VA 2437015.5 mi22$4,001,514$130,000$181,887
24368Rural Retreat, VA 2436816.9 mi20$8,125,520$259,500$406,276
24314Bastian, VA 2431417.4 mi4$1,904,800$564,950$476,200
24830Elbert, WV 2483018.0 mi2$73,500$36,750$36,750
24622Jewell Ridge, VA 2462219.0 mi1$299,000$299,000$299,000
24715Bramwell, WV 2471520.1 mi2$270,000$135,000$135,000
24375Sugar Grove, VA 2437522.0 mi8$1,413,544$137,500$176,693
24701Bluefield, WV 2470122.3 mi67$13,944,509$144,900$208,127
24649Swords Creek, VA 2464923.2 mi3$536,499$179,000$178,833

Frequently Asked Questions

How many homes are for sale in TAZEWELL, VA 24651?

As of January 2026, there are 19 active listings in TAZEWELL, VA (zip code 24651), compared to 27 the prior year.

What is the median home price in TAZEWELL, VA 24651?

The median listing price in TAZEWELL, VA 24651 is $187,500 as of January 2026, a 10.6% increase from $169,500 the prior year.

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

Homes in TAZEWELL, VA 24651 spend an average of 118 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in TAZEWELL, VA 24651?

Based on current inventory and days-on-market data as of January 2026, TAZEWELL, VA 24651 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 118 days on market compared to 80 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TAZEWELL, VA 24651 save an estimated $3,750 compared to a typical 5% commission on the median listing price of $187,500. 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.