Is Elliston, VA 24087 a buyer’s or seller’s market?

The Elliston housing market right now

In the three months ending August 31, 2026, 33% of homes in Elliston, VA 24087 sold above their list price, the typical home went under contract in 7 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 67%, homes sold about as fast and the median sale price fell 11% to $234,898. Overall, Elliston is less competitive than a year ago, which gives buyers more room.

Within Montgomery County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in 60%.

Nearby, buyers who want less competition could look at Blacksburg 24060 (18% sold over asking) or Christiansburg 24073 (27% sold over asking), while Riner 24149 (54% sold over asking) and Shawsville 24162 (50% sold over asking) are even more competitive.