Is Ripplemead, VA 24150 a buyer’s or seller’s market?
Ripplemead is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Ripplemead housing market right now
In the three months ending August 31, 2026, 0% of homes in Ripplemead, VA 24150 sold above their list price, the typical home went under contract in 86 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 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 (4 days then) and the median sale price rose 21% to $189,193. Overall, Ripplemead is less competitive than a year ago, which gives buyers more room.
Within Giles County, homes here sell more slowly, and 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 24150
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 →Where Ripplemead is
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Questions about Ripplemead real estate
Is Ripplemead a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Ripplemead, VA 24150 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 Ripplemead?
The typical home went under contract in 86 days in the latest three months.
Do homes in Ripplemead sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.
What are property taxes in Ripplemead?
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 Ripplemead?
The median sale price was $189,193 in the three months ending August 31, 2026, about $121 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