Is Bristol, VA 24201 a buyer’s or seller’s market?

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

Bristol is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score24/ 100

More competitive than 18% of U.S. ZIP codes, and #333 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

Months of supply4.7Under 4 months = seller’s market
Sold above original list13.2%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$135▲ +3.1% vs. last year

The Bristol housing market right now

In the three months ending August 31, 2026, 13% of homes in Bristol, VA 24201 sold above their list price, the typical home went under contract in 64 days and there were 4.7 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. That’s based on 78 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 3%, homes sold more slowly (55 days then) and the median sale price fell 12% to $189,918. Overall, Bristol is more competitive than a year ago, so tougher for buyers.

On our competition score, Bristol ranks #333 of 358 VA ZIP codes with enough sales (score 24 out of 100).

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Where Bristol is

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Questions about Bristol real estate

Is Bristol a buyer’s or seller’s market?

A balanced market: there were 4.7 months of supply in Bristol, VA 24201 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 Bristol?

The typical home went under contract in 64 days in the latest three months.

Do homes in Bristol sell over asking?

13% 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 Bristol?

About 0.75% of a home’s value a year in Bristol city, or roughly $3,000 on a $400,000 home.

What is the median home price in Bristol?

The median sale price was $189,918 in the three months ending August 31, 2026, about $135 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