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TAZEWELL, VA 24651

Real Estate Market Report  ·  Tazewell County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The TAZEWELL, VA real estate market (24651) currently shows 32 active listings, with 15 pending sales. Homes are averaging 90 days on the market before going under contract.

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

Homes are taking longer to sell, averaging 90 days on market compared to 85 days last year.

The median listing price has risen 13.1% year-over-year, from $209,950 to $237,450.

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 Context

Market Context

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

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

Market Overview

Active Listings
32
⇧ 14.3% vs 28 last year
Pending
15
47% pending ratio
Median Price
$237,450
⇧ 13.1% vs $209,950 last year
Average Price
$512,212
⇧ 87.5% vs $273,213 last year
Days on Market
90
⇧ 5.9% vs 85 days last year

Price Per Square Foot

Median $/sqft
$102
⇩ 11.3% vs $115/sqft last year
Median Home Size
2,545 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 28 last year
  • Days on market: 90 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $237,450 (+13.1% YoY)
  • Average: $512,212 (+87.5% 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 23.6 miles — 247 listings ($56,480,113 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24651Tazewell, VA 246510.0 mi17$3,401,343$203,700$200,079
24630North Tazewell, VA 246306.7 mi12$3,685,152$254,950$307,096
24602Bandy, VA 2460211.4 mi2$269,900$134,950$134,950
24605Bluefield, VA 2460513.7 mi25$6,708,675$171,675$268,347
24311Atkins, VA 2431115.1 mi4$993,900$248,475$248,475
24609Cedar Bluff, VA 2460916.6 mi17$3,993,742$186,200$234,926
24641Richlands, VA 2464117.2 mi25$4,674,450$186,200$186,978
24354Marion, VA 2435417.8 mi59$14,210,091$214,000$240,849
24622Jewell Ridge, VA 2462219.0 mi1$299,000$299,000$299,000
24836Gary, WV 2483620.3 mi1$43,000$43,000$43,000
24701Bluefield, WV 2470122.3 mi61$12,331,455$139,900$202,155
24649Swords Creek, VA 2464923.2 mi2$592,000$296,000$296,000
24319Chilhowie, VA 2431923.6 mi21$5,277,405$221,400$251,305

Frequently Asked Questions

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

As of July 2026, there are 32 active listings in TAZEWELL, VA (zip code 24651), compared to 28 the prior year.

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

The median listing price in TAZEWELL, VA 24651 is $237,450 as of July 2026, a 13.1% increase from $209,950 the prior year.

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

Homes in TAZEWELL, VA 24651 spend an average of 90 days on the market before going under contract, compared to 85 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 July 2026, TAZEWELL, VA 24651 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 85 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 $4,749 compared to a typical 5% commission on the median listing price of $237,450. 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.