Is Nickelsville, VA 24271 a buyer’s or seller’s market?
Nickelsville is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Nickelsville housing market right now
In the three months ending August 31, 2026, 100% of homes in Nickelsville, VA 24271 sold above their list price, the typical home went under contract in 36 days and there were 6.4 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 (219 days then) and the median sale price fell 34% to $178,823. Overall, Nickelsville is more competitive than a year ago, so tougher for buyers.
Within Scott County, homes here sell faster than in 80% 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 Dungannon 24245 (0% sold over asking) or Duffield 24244 (0% sold over asking).
Run the numbers for 24271
Nearby markets
Duffield 24244Buyer’s market $116 /sq ftDungannon 24245Buyer’s market $77 /sq ftFort Blackmore 24250 — /sq ftGate City 24251Balanced $115 /sq ft Browse all markets →Towns like Nickelsville nearby
Find towns like Nickelsville in other states →Where Nickelsville is
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Questions about Nickelsville real estate
Is Nickelsville a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Nickelsville, VA 24271 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 Nickelsville?
The typical home went under contract in 36 days in the latest three months.
Do homes in Nickelsville sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 105.3% of the list price.
What are property taxes in Nickelsville?
About 0.62% of a home’s value a year in Scott County, or roughly $2,480 on a $400,000 home.
What is the median home price in Nickelsville?
The median sale price was $178,823 in the three months ending August 31, 2026, about $166 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