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Is Rich Creek, VA 24147 a buyer’s or seller’s market?

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

Rich Creek is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$98

The Rich Creek housing market right now

In the three months ending August 31, 2026, 0% of homes in Rich Creek, VA 24147 sold above their list price, the typical home went under contract in 20 days and there were 4.8 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 2 sales, these figures can swing a lot from month to month.

Within Giles County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Staffordsville 24167 (100% sold over asking) and Pembroke 24136 (30% sold over asking) are even more competitive.

Run the numbers for 24147

Prefilled for 24147Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24147Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Eggleston 24086 — /sq ftNarrows 24124Seller’s market $158 /sq ftNewport 24128Seller’s market $202 /sq ftPearisburg 24134Seller’s market $152 /sq ft Browse all markets →

Towns like Rich Creek nearby

Find towns like Rich Creek in other states →
Pearisburg, VA24134 · 8 miles away67% similarpricier homes ($57K more) · larger Bluefield, VA24605 · 26 miles away66% similarpricier homes ($34K more) · larger Mullens, WV25882 · 34 miles away65% similarlarger · younger residents White Sulphur Springs, WV24986 · 39 miles away64% similarlarger · 8 min shorter commute

Where Rich Creek is

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Questions about Rich Creek real estate

Is Rich Creek a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Rich Creek, VA 24147 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 Rich Creek?

The typical home went under contract in 20 days in the latest three months.

Do homes in Rich Creek sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Rich Creek?

About 0.61% of a home’s value a year in Giles County, or roughly $2,440 on a $400,000 home.

What is the median home price in Rich Creek?

The median sale price was $124,946 in the three months ending August 31, 2026, about $98 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