Is Abingdon, VA 24211 a buyer’s or seller’s market?

The Abingdon housing market right now

In the three months ending August 31, 2026, 18% of homes in Abingdon, VA 24211 sold above their list price, the typical home went under contract in 63 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold more slowly (39 days then) and the median sale price rose 5% to $399,577. Overall, Abingdon is less competitive than a year ago, which gives buyers more room.

Within Washington County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Abingdon ranks #331 of 358 VA ZIP codes with enough sales (score 24 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) is even more competitive.