Is Willis, VA 24380 a buyer’s or seller’s market?
Willis is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Willis housing market right now
In the three months ending August 31, 2026, 0% of homes in Willis, VA 24380 sold above their list price, the typical home went under contract in 12 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 29%, homes sold faster (22 days then) and the median sale price rose 142% to $609,736. Overall, Willis is less competitive than a year ago, which gives buyers more room.
Within Floyd County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Check 24072 (17% sold over asking) and Floyd 24091 (8% sold over asking) are even more competitive.
Run the numbers for 24380
Nearby markets
Check 24072Seller’s market $170 /sq ftCopper Hill 24079Buyer’s market $206 /sq ftFloyd 24091Buyer’s market $224 /sq ftIndian Valley 24105Balanced $111 /sq ft Browse all markets →Towns like Willis nearby
Find towns like Willis in other states →Where Willis is
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Questions about Willis real estate
Is Willis a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Willis, VA 24380 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 Willis?
The typical home went under contract in 12 days in the latest three months.
Do homes in Willis sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Willis?
About 0.55% of a home’s value a year in Floyd County, or roughly $2,200 on a $400,000 home.
What is the median home price in Willis?
The median sale price was $609,736 in the three months ending August 31, 2026, about $264 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