Is Ararat, VA 24053 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Ararat housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Patrick County, VA

Population	2,414
Median income	$63,646
Average income	$74,892
Median home value	$171,900
Median rent	$938/month
Owner-occupied	79% of homes
Median year built	1976

Natural hazard riskWinter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 24053; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 24053

Prefilled for 24053Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24053Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Claudville 24076 — /sq ft Critz 24082 $33 /sq ft Meadows Of Dan 24120Buyer’s market $220 /sq ft Patrick Springs 24133Buyer’s market $142 /sq ft Browse all markets →

Towns like Ararat nearby

Find towns like Ararat in other states →

Westfield, NC27053 · 13 miles away85% similarpricier homes ($53K more) · 6 min shorter commute Sandy Ridge, NC27046 · 25 miles away84% similar8 min longer commute Boonville, NC27011 · 27 miles away80% similarlarger · younger residents Hamptonville, NC27020 · 38 miles away79% similarlarger · 6 min shorter commute

Where Ararat is

Loading map…

Questions about Ararat real estate

What are property taxes in Ararat?

About 0.55% of a home’s value a year in Patrick County, or roughly $2,200 on a $400,000 home.

Local agents

See all agents in 24053 →

No sponsored agents in 24053 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 24053

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Patrick County property taxes Patrick County loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="24053"><a href="https://offerbacked.com/market/24053">Ararat, VA 24053 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology