Is Rhoadesville, VA 22542 a buyer’s or seller’s market?
Rhoadesville is a seller’s market. With about 3.7 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Rhoadesville housing market right now
In the three months ending August 31, 2026, 14% of homes in Rhoadesville, VA 22542 sold above their list price, the typical home went under contract in 52 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (16 days then) and the median sale price fell 8% to $423,817. Overall, Rhoadesville is less competitive than a year ago, which gives buyers more room.
Within Orange County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in 75%.
Nearby, buyers who want less competition could look at Burr Hill 22433 (0% sold over asking), while Locust Grove 22508 (26% sold over asking) and Unionville 22567 (22% sold over asking) are even more competitive.
Run the numbers for 22542
Nearby markets
Burr Hill 22433 $156 /sq ftLocust Grove 22508Balanced $207 /sq ftMontpelier Station 22957 — /sq ftOrange 22960Balanced $202 /sq ft Browse all markets →Towns like Rhoadesville nearby
Find towns like Rhoadesville in other states →Where Rhoadesville is
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Questions about Rhoadesville real estate
Is Rhoadesville a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Rhoadesville, VA 22542 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Rhoadesville?
The typical home went under contract in 52 days in the latest three months.
Do homes in Rhoadesville sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Rhoadesville?
About 0.55% of a home’s value a year in Orange County, or roughly $2,200 on a $400,000 home.
What is the median home price in Rhoadesville?
The median sale price was $423,817 in the three months ending August 31, 2026, about $264 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology