Is Ivanhoe, VA 24350 a buyer’s or seller’s market?
Ivanhoe is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Ivanhoe housing market right now
In the three months ending August 31, 2026, 0% of homes in Ivanhoe, VA 24350 sold above their list price, the typical home went under contract in 141 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (50 days then) and the median sale price fell 25% to $199,913. Overall, Ivanhoe is less competitive than a year ago, which gives buyers more room.
Within Wythe County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Max Meadows 24360 (29% sold over asking) and Wytheville 24382 (19% sold over asking) are even more competitive.
Run the numbers for 24350
Nearby markets
Barren Springs 24313 — /sq ftCrockett 24323 — /sq ftMax Meadows 24360Seller’s market $157 /sq ftRural Retreat 24368Balanced $131 /sq ft Browse all markets →Towns like Ivanhoe nearby
Find towns like Ivanhoe in other states →Where Ivanhoe is
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Questions about Ivanhoe real estate
Is Ivanhoe a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Ivanhoe, VA 24350 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 Ivanhoe?
The typical home went under contract in 141 days in the latest three months.
Do homes in Ivanhoe 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 Ivanhoe?
About 0.53% of a home’s value a year in Wythe County, or roughly $2,120 on a $400,000 home.
What is the median home price in Ivanhoe?
The median sale price was $199,913 in the three months ending August 31, 2026, about $208 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