OfferBackedBuyer Tools

Is Shawsville, VA 24162 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100.2%Sold price ÷ list price
Median days on market1Listing to accepted offer
Median price per sq ft$202▲ +28.6% vs. last year

The Shawsville housing market right now

In the three months ending August 31, 2026, 50% of homes in Shawsville, VA 24162 sold above their list price and the typical home went under contract in 1 day. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (29 days then) and the median sale price fell 9% to $280,878. Overall, Shawsville is more competitive than a year ago, so tougher for buyers.

Within Montgomery County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 80%.

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) is even more competitive.

Run the numbers for 24162

Prefilled for 24162Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24162Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blacksburg 24060Seller’s market $237 /sq ftChristiansburg 24073Seller’s market $190 /sq ftElliston 24087Seller’s market $172 /sq ftPilot 24138Balanced $130 /sq ft Browse all markets →

Towns like Shawsville nearby

Find towns like Shawsville in other states →
Pembroke, VA24136 · 22 miles away85% similarmore homeowners Pearisburg, VA24134 · 27 miles away84% similarlarger · older residents Patrick Springs, VA24133 · 33 miles away77% similarcheaper homes ($44K less) · older residents Dublin, VA24084 · 23 miles away76% similarpricier homes ($31K more) · larger

Where Shawsville is

Loading map…

Questions about Shawsville real estate

How fast do homes sell in Shawsville?

The typical home went under contract in 1 days in the latest three months.

Do homes in Shawsville sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.

What are property taxes in Shawsville?

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 Shawsville?

The median sale price was $280,878 in the three months ending August 31, 2026, about $202 per square foot.

Local agents

See all agents in 24162 →

No sponsored agents in 24162 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 24162

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Montgomery County property taxesMontgomery County loan limitsClosing costs in VirginiaHottest ZIP codes in Virginia
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology