Is Catawba, VA 24070 a buyer’s or seller’s market?
Catawba is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Catawba housing market right now
In the three months ending August 31, 2026, 0% of homes in Catawba, VA 24070 sold above their list price, the typical home went under contract in 50 days and there were 5.3 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 3 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 100%, homes sold more slowly (8 days then) and the median sale price fell 27% to $314,864. Overall, Catawba is less competitive than a year ago, which gives buyers more room.
Within Roanoke County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Roanoke 24014 (23% sold over asking) and Salem 24153 (23% sold over asking) are even more competitive.
Run the numbers for 24070
Nearby markets
Bent Mountain 24059Balanced $186 /sq ftRoanoke 24014Seller’s market $172 /sq ftRoanoke 24018Seller’s market $161 /sq ftRoanoke 24019Seller’s market $161 /sq ft Browse all markets →Towns like Catawba nearby
Find towns like Catawba in other states →Where Catawba is
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Questions about Catawba real estate
Is Catawba a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Catawba, VA 24070 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 Catawba?
The typical home went under contract in 50 days in the latest three months.
Do homes in Catawba sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Catawba?
About 0.85% of a home’s value a year in Roanoke County, or roughly $3,400 on a $400,000 home.
What is the median home price in Catawba?
The median sale price was $314,864 in the three months ending August 31, 2026, about $217 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