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Is Draper, VA 24324 a buyer’s or seller’s market?

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

Draper is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.6%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$224▼ −1.9% vs. last year

The Draper housing market right now

In the three months ending August 31, 2026, 0% of homes in Draper, VA 24324 sold above their list price, the typical home went under contract in 62 days and there were 7.2 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 fell from 17%, homes sold more slowly (40 days then) and the median sale price rose 36% to $447,306. Overall, Draper is less competitive than a year ago, which gives buyers more room.

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

Nearby, Pulaski 24301 (24% sold over asking) and Radford 24141 (23% sold over asking) are even more competitive.

Run the numbers for 24324

Prefilled for 24324Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24324Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belspring 24058 $158 /sq ftDublin 24084Seller’s market $176 /sq ftHiwassee 24347Seller’s market $172 /sq ftPulaski 24301Seller’s market $147 /sq ft Browse all markets →

Towns like Draper nearby

Find towns like Draper in other states →
Newport, VA24128 · 29 miles away80% similarpricier homes ($42K more) · smaller Lowgap, NC27024 · 32 miles away79% similarcheaper homes ($25K less) · older residents Woodlawn, VA24381 · 13 miles away77% similarcheaper homes ($54K less) · younger residents Willis, VA24380 · 19 miles away75% similarmore renters

Where Draper is

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Questions about Draper real estate

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

A buyer’s market: there were 7.2 months of supply in Draper, VA 24324 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 Draper?

The typical home went under contract in 62 days in the latest three months.

Do homes in Draper sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.

What are property taxes in Draper?

About 0.63% of a home’s value a year in Pulaski County, or roughly $2,520 on a $400,000 home.

What is the median home price in Draper?

The median sale price was $447,306 in the three months ending August 31, 2026, about $224 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