Is Austinville, VA 24312 a buyer’s or seller’s market?
Austinville is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Austinville housing market right now
In the three months ending August 31, 2026, 25% of homes in Austinville, VA 24312 sold above their list price, the typical home went under contract in 78 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room 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 rose from 20%, homes sold about as fast and the median sale price fell 7% to $182,171. Overall, Austinville is more competitive than a year ago, so tougher for buyers.
Within Carroll County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Woodlawn 24381 (0% sold over asking) or Laurel Fork 24352 (0% sold over asking).
Run the numbers for 24312
Nearby markets
Cana 24317Buyer’s market $141 /sq ftDugspur 24325Buyer’s market $250 /sq ftFancy Gap 24328Buyer’s market $165 /sq ftHillsville 24343Balanced $158 /sq ft Browse all markets →Towns like Austinville nearby
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Questions about Austinville real estate
Is Austinville a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Austinville, VA 24312 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 Austinville?
The typical home went under contract in 78 days in the latest three months.
Do homes in Austinville sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Austinville?
About 0.53% of a home’s value a year in Carroll County, or roughly $2,120 on a $400,000 home.
What is the median home price in Austinville?
The median sale price was $182,171 in the three months ending August 31, 2026, about $121 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