Is Woolwine, VA 24185 a buyer’s or seller’s market?
Woolwine is a seller’s market. With about 3.2 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 Woolwine housing market right now
In the three months ending August 31, 2026, 0% of homes in Woolwine, VA 24185 sold above their list price and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, 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 50%, homes sold more slowly (67 days then) and the median sale price rose 18% to $278,879. Overall, Woolwine is less competitive than a year ago, which gives buyers more room.
Within Patrick County, homes here sell less often over asking than in any other ZIP code in the county.
Run the numbers for 24185
Nearby markets
Ararat 24053 — /sq ftClaudville 24076 — /sq ftCritz 24082 $33 /sq ftMeadows Of Dan 24120Buyer’s market $220 /sq ft Browse all markets →Where Woolwine is
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Questions about Woolwine real estate
Is Woolwine a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Woolwine, VA 24185 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
Do homes in Woolwine sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Woolwine?
About 0.55% of a home’s value a year in Patrick County, or roughly $2,200 on a $400,000 home.
What is the median home price in Woolwine?
The median sale price was $278,879 in the three months ending August 31, 2026, about $164 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