Is Bristol, VA 24202 a buyer’s or seller’s market?

The Bristol housing market right now

In the three months ending August 31, 2026, 14% of homes in Bristol, VA 24202 sold above their list price, the typical home went under contract in 58 days and there were 5.4 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 37 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (49 days then) and the median sale price fell 14% to $287,875. Overall, Bristol is about as competitive as it was a year ago.

Within Washington County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Bristol ranks #318 of 358 VA ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Glade Spring 24340 (0% sold over asking) or Damascus 24236 (0% sold over asking), while Mendota 24270 (100% sold over asking) and Abingdon 24211 (18% sold over asking) are even more competitive.