Is Pound, VA 24279 a buyer’s or seller’s market?
Pound is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Pound housing market right now
In the three months ending August 31, 2026, 0% of homes in Pound, VA 24279 sold above their list price, the typical home went under contract in 98 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (154 days then) and the median sale price rose 40% to $216,531. Overall, Pound is more competitive than a year ago, so tougher for buyers.
Within Wise County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Coeburn 24230 (18% sold over asking) and Wise 24293 (11% sold over asking) are even more competitive.
Run the numbers for 24279
Nearby markets
Appalachia 24216Buyer’s market $61 /sq ftBig Stone Gap 24219Buyer’s market $106 /sq ftCoeburn 24230Buyer’s market $123 /sq ftNorton 24273Buyer’s market $89 /sq ft Browse all markets →Towns like Pound nearby
Find towns like Pound in other states →Where Pound is
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Questions about Pound real estate
Is Pound a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Pound, VA 24279 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 Pound?
The typical home went under contract in 98 days in the latest three months.
Do homes in Pound sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Pound?
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 Pound?
The median sale price was $216,531 in the three months ending August 31, 2026, about $110 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