Is Blue Ridge, VA 24064 a buyer’s or seller’s market?
Blue Ridge 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.
More competitive than 25% of U.S. ZIP codes, and #321 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Blue Ridge housing market right now
In the three months ending August 31, 2026, 7% of homes in Blue Ridge, VA 24064 sold above their list price, the typical home went under contract in 28 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. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (13 days then) and the median sale price fell 3% to $339,753. Overall, Blue Ridge is less competitive than a year ago, which gives buyers more room.
Within Bedford County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 91%. On our competition score, Blue Ridge ranks #321 of 358 VA ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at Big Island 24526 (0% sold over asking), while Thaxton 24174 (43% sold over asking) and Vinton 24179 (33% sold over asking) are even more competitive.
Run the numbers for 24064
Nearby markets
Bedford 24523Seller’s market $188 /sq ftBig Island 24526Buyer’s market $232 /sq ftColeman Falls 24536 — /sq ftForest 24551Seller’s market $187 /sq ft Browse all markets →Towns like Blue Ridge nearby
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Questions about Blue Ridge real estate
Is Blue Ridge a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Blue Ridge, VA 24064 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 Blue Ridge?
The typical home went under contract in 28 days in the latest three months.
Do homes in Blue Ridge sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Blue Ridge?
About 0.43% of a home’s value a year in Bedford County, or roughly $1,720 on a $400,000 home.
What is the median home price in Blue Ridge?
The median sale price was $339,753 in the three months ending August 31, 2026, about $162 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