Is Union Hall, VA 24176 a buyer’s or seller’s market?
Union Hall is a seller’s market. With about 3.6 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.
More competitive than 21% of U.S. ZIP codes, and #329 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Union Hall housing market right now
In the three months ending August 31, 2026, 0% of homes in Union Hall, VA 24176 sold above their list price, the typical home went under contract in 31 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold about as fast and the median sale price fell 34% to $713,379. Overall, Union Hall is about as competitive as it was a year ago.
Within Franklin County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Union Hall ranks #329 of 358 VA ZIP codes with enough sales (score 26 out of 100).
Nearby, Ferrum 24088 (67% sold over asking) and Henry 24102 (67% sold over asking) are even more competitive.
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Nearby markets
Boones Mill 24065Seller’s market $169 /sq ftCallaway 24067Buyer’s market $120 /sq ftFerrum 24088Buyer’s market $163 /sq ftGlade Hill 24092Buyer’s market $132 /sq ft Browse all markets →Towns like Union Hall nearby
Find towns like Union Hall in other states →Where Union Hall is
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Questions about Union Hall real estate
Is Union Hall a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Union Hall, VA 24176 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 Union Hall?
The typical home went under contract in 31 days in the latest three months.
Do homes in Union Hall sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Union Hall?
About 0.50% of a home’s value a year in Franklin County, or roughly $2,000 on a $400,000 home.
What is the median home price in Union Hall?
The median sale price was $713,379 in the three months ending August 31, 2026, about $332 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