Is Hiwassee, VA 24347 a buyer’s or seller’s market?
Hiwassee is a seller’s market. With about 2.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Hiwassee housing market right now
In the three months ending August 31, 2026, 0% of homes in Hiwassee, VA 24347 sold above their list price, the typical home went under contract in 54 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 33%, homes sold more slowly (7 days then) and the median sale price fell 43% to $239,846. Overall, Hiwassee is less competitive than a year ago, which gives buyers more room.
Within Pulaski County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell 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 24347
Nearby markets
Belspring 24058 $158 /sq ftDraper 24324Buyer’s market $224 /sq ftDublin 24084Seller’s market $176 /sq ftPulaski 24301Seller’s market $147 /sq ft Browse all markets →Towns like Hiwassee nearby
Find towns like Hiwassee in other states →Where Hiwassee is
Loading map…
Questions about Hiwassee real estate
Is Hiwassee a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Hiwassee, VA 24347 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 Hiwassee?
The typical home went under contract in 54 days in the latest three months.
Do homes in Hiwassee sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Hiwassee?
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 Hiwassee?
The median sale price was $239,846 in the three months ending August 31, 2026, about $172 per square foot.
Local agents
See all agents in 24347 →No sponsored agents in 24347 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 24347
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology