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Is Glade Spring, VA 24340 a buyer’s or seller’s market?

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

Glade Spring 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-list91.9%Sold price ÷ list price
Median days on market96Listing to accepted offer
Median price per sq ft$140▼ −18.1% vs. last year

The Glade Spring housing market right now

In the three months ending August 31, 2026, 0% of homes in Glade Spring, VA 24340 sold above their list price, the typical home went under contract in 96 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. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (91 days then) and the median sale price fell 27% to $209,409. Overall, Glade Spring is about as competitive as it was a year ago.

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

Nearby, Mendota 24270 (100% sold over asking) and Abingdon 24211 (18% sold over asking) are even more competitive.

Run the numbers for 24340

Prefilled for 24340Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24340Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abingdon 24210Balanced $176 /sq ftAbingdon 24211Buyer’s market $176 /sq ftBristol 24202Balanced $161 /sq ftDamascus 24236Buyer’s market $221 /sq ft Browse all markets →

Towns like Glade Spring nearby

Find towns like Glade Spring in other states →
Meadowview, VA24361 · 5 miles away94% similarVery close on income, prices and more Bluff City, TN37618 · 33 miles away90% similarlarger Bristol, VA24202 · 26 miles away89% similarlarger Pounding Mill, VA24637 · 20 miles away88% similarsmaller

Where Glade Spring is

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Questions about Glade Spring real estate

Is Glade Spring a buyer’s or seller’s market?

A buyer’s market: there were 7.2 months of supply in Glade Spring, VA 24340 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 Glade Spring?

The typical home went under contract in 96 days in the latest three months.

Do homes in Glade Spring sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.9% of the list price.

What are property taxes in Glade Spring?

About 0.50% of a home’s value a year in Washington County, or roughly $2,000 on a $400,000 home.

What is the median home price in Glade Spring?

The median sale price was $209,409 in the three months ending August 31, 2026, about $140 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