Is Coeburn, VA 24230 a buyer’s or seller’s market?
Coeburn is a buyer’s market. With about 9 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Coeburn housing market right now
In the three months ending August 31, 2026, 18% of homes in Coeburn, VA 24230 sold above their list price, the typical home went under contract in 99 days and there were 9 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 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (78 days then) and the median sale price rose 59% to $198,914. Overall, Coeburn is more competitive than a year ago, so tougher for buyers.
Within Wise County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Saint Paul 24283 (0% sold over asking) or Pound 24279 (0% sold over asking).
Run the numbers for 24230
Nearby markets
Appalachia 24216Buyer’s market $61 /sq ftBig Stone Gap 24219Buyer’s market $106 /sq ftNorton 24273Buyer’s market $89 /sq ftPound 24279Balanced $110 /sq ft Browse all markets →Towns like Coeburn nearby
Find towns like Coeburn in other states →Where Coeburn is
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Questions about Coeburn real estate
Is Coeburn a buyer’s or seller’s market?
A buyer’s market: there were 9 months of supply in Coeburn, VA 24230 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 Coeburn?
The typical home went under contract in 99 days in the latest three months.
Do homes in Coeburn sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Coeburn?
About 0.58% of a home’s value a year in Wise County, or roughly $2,320 on a $400,000 home.
What is the median home price in Coeburn?
The median sale price was $198,914 in the three months ending August 31, 2026, about $123 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