Is Jonesville, VA 24263 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Jonesville is a seller’s market. With about 3.8 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.

Months of supply3.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.3%Sold price ÷ list price
Median days on market79Listing to accepted offer
Median price per sq ft$105▲ +9.0% vs. last year

The Jonesville housing market right now

In the three months ending August 31, 2026, 0% of homes in Jonesville, VA 24263 sold above their list price, the typical home went under contract in 79 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (171 days then) and the median sale price fell 5% to $166,428. Overall, Jonesville is more competitive than a year ago, so tougher for buyers.

Within Lee County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Ewing 24248 (33% sold over asking) is even more competitive.

Nearby markets

Blackwater 24221Buyer’s market $107 /sq ftDryden 24243Buyer’s market $119 /sq ftEwing 24248Buyer’s market $99 /sq ftKeokee 24265 — /sq ft Browse all markets →

Where Jonesville is

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Questions about Jonesville real estate

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

A seller’s market: there were 3.8 months of supply in Jonesville, VA 24263 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 Jonesville?

The typical home went under contract in 79 days in the latest three months.

Do homes in Jonesville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.

What are property taxes in Jonesville?

About 0.60% of a home’s value a year in Lee County, or roughly $2,400 on a $400,000 home.

What is the median home price in Jonesville?

The median sale price was $166,428 in the three months ending August 31, 2026, about $105 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