Is Mendota, VA 24270 a buyer’s or seller’s market?

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

Mendota is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list101.6%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$181▼ −1.6% vs. last year

The Mendota housing market right now

In the three months ending August 31, 2026, 100% of homes in Mendota, VA 24270 sold above their list price, the typical home went under contract in 70 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (122 days then) and the median sale price rose 5% to $689,702. Overall, Mendota is more competitive than a year ago, so tougher for buyers.

Within Washington County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Glade Spring 24340 (0% sold over asking) or Damascus 24236 (0% sold over asking).

Nearby markets

Abingdon 24210Balanced $176 /sq ftAbingdon 24211Buyer’s market $176 /sq ftBristol 24202Balanced $161 /sq ftDamascus 24236Buyer’s market $221 /sq ft Browse all markets →

Where Mendota is

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Questions about Mendota real estate

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

A buyer’s market: there were 9.6 months of supply in Mendota, VA 24270 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 Mendota?

The typical home went under contract in 70 days in the latest three months.

Do homes in Mendota sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.

What are property taxes in Mendota?

About 0.50% of a home’s value a year in Washington County, or roughly $2,000 on a $400,000 home.

What is the median home price in Mendota?

The median sale price was $689,702 in the three months ending August 31, 2026, about $181 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