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Is Reva, VA 22735 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Reva is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.1Under 4 months = seller’s market
Sold above original list57.1%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$264▼ −7.5% vs. last year

The Reva housing market right now

In the three months ending August 31, 2026, 57% of homes in Reva, VA 22735 sold above their list price, the typical home went under contract in 58 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. 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 rose from 10%, homes sold faster (65 days then) and the median sale price fell 15% to $440,859. Overall, Reva is more competitive than a year ago, so tougher for buyers.

Within Madison County, homes here sell more slowly than in 55% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Locust Dale 22948 (0% sold over asking) or Rochelle 22738 (0% sold over asking).

Run the numbers for 22735

Prefilled for 22735Can I win this house?Multiple-offer likelihood for a listing Prefilled for 22735Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Aroda 22709Seller’s market $220 /sq ftBanco 22711Seller’s market $497 /sq ftBrightwood 22715Seller’s market $210 /sq ftEtlan 22719Seller’s market $389 /sq ft Browse all markets →

Towns like Reva nearby

Find towns like Reva in other states →
Fort Valley, VA22652 · 30 miles away82% similarVery close on income, prices and more Maurertown, VA22644 · 37 miles away81% similarcheaper homes ($58K less) · larger Toms Brook, VA22660 · 37 miles away80% similarcheaper homes ($77K less) · more apartments and townhomes Edinburg, VA22824 · 36 miles away77% similarcheaper homes ($27K less) · larger

Where Reva is

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Questions about Reva real estate

Is Reva a buyer’s or seller’s market?

A balanced market: there were 4.1 months of supply in Reva, VA 22735 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 Reva?

The typical home went under contract in 58 days in the latest three months.

Do homes in Reva sell over asking?

57% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Reva?

About 0.53% of a home’s value a year in Madison County, or roughly $2,120 on a $400,000 home.

What is the median home price in Reva?

The median sale price was $440,859 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