Is Pilot, VA 24138 a buyer’s or seller’s market?

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

Pilot is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list93.9%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$130▼ −30.2% vs. last year

The Pilot housing market right now

In the three months ending August 31, 2026, 33% of homes in Pilot, VA 24138 sold above their list price, the typical home went under contract in 37 days and there were 4.3 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 60%, homes sold more slowly (15 days then) and the median sale price fell 27% to $224,903. Overall, Pilot is less competitive than a year ago, which gives buyers more room.

Within Montgomery County, homes here sell more slowly 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.

Nearby markets

Blacksburg 24060Seller’s market $237 /sq ftChristiansburg 24073Seller’s market $190 /sq ftElliston 24087Seller’s market $172 /sq ftRiner 24149Seller’s market $226 /sq ft Browse all markets →

Where Pilot is

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Questions about Pilot real estate

Is Pilot a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Pilot, VA 24138 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 Pilot?

The typical home went under contract in 37 days in the latest three months.

Do homes in Pilot sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.

What are property taxes in Pilot?

About 0.74% of a home’s value a year in Montgomery County, or roughly $2,960 on a $400,000 home.

What is the median home price in Pilot?

The median sale price was $224,903 in the three months ending August 31, 2026, about $130 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