Is Broadford, VA 24316 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Broadford is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$147

The Broadford housing market right now

In the three months ending August 31, 2026, 0% of homes in Broadford, VA 24316 sold above their list price and the typical home went under contract in 14 days. With only 1 sale, these figures can swing a lot from month to month.

Within Tazewell County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, North Tazewell 24630 (38% sold over asking) and Cedar Bluff 24609 (17% sold over asking) are even more competitive.

Nearby markets

Bandy 24602 — /sq ftBluefield 24605Balanced $105 /sq ftCedar Bluff 24609Buyer’s market $101 /sq ftDoran 24612 — /sq ft Browse all markets →

Where Broadford is

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Questions about Broadford real estate

How fast do homes sell in Broadford?

The typical home went under contract in 14 days in the latest three months.

Do homes in Broadford sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Broadford?

About 0.62% of a home’s value a year in Tazewell County, or roughly $2,480 on a $400,000 home.

What is the median home price in Broadford?

The median sale price was $164,929 in the three months ending August 31, 2026, about $147 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