Is Troutdale, VA 24378 a buyer’s or seller’s market?
Troutdale is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Troutdale housing market right now
In the three months ending August 31, 2026, 0% of homes in Troutdale, VA 24378 sold above their list price, the typical home went under contract in 102 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, 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 (38 days then) and the median sale price fell 60% to $149,935. Overall, Troutdale is less competitive than a year ago, which gives buyers more room.
Within Grayson County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Elk Creek 24326 (33% sold over asking) and Independence 24348 (22% sold over asking) are even more competitive.
Run the numbers for 24378
Nearby markets
Elk Creek 24326Buyer’s market $187 /sq ftFries 24330Buyer’s market $172 /sq ftGalax 24333Seller’s market $147 /sq ftIndependence 24348Buyer’s market $173 /sq ft Browse all markets →Towns like Troutdale nearby
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Questions about Troutdale real estate
Is Troutdale a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Troutdale, VA 24378 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 Troutdale?
The typical home went under contract in 102 days in the latest three months.
Do homes in Troutdale sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.6% of the list price.
What are property taxes in Troutdale?
About 0.56% of a home’s value a year in Grayson County, or roughly $2,240 on a $400,000 home.
What is the median home price in Troutdale?
The median sale price was $149,935 in the three months ending August 31, 2026, about $133 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