Is Woodlawn, VA 24381 a buyer’s or seller’s market?
Woodlawn is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Woodlawn housing market right now
In the three months ending August 31, 2026, 0% of homes in Woodlawn, VA 24381 sold above their list price, the typical home went under contract in 113 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 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 13%, homes sold more slowly (100 days then) and the median sale price rose 40% to $349,849. Overall, Woodlawn is less competitive than a year ago, which gives buyers more room.
Within Carroll County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Austinville 24312 (25% sold over asking) and Cana 24317 (25% sold over asking) are even more competitive.
Run the numbers for 24381
Nearby markets
Austinville 24312Buyer’s market $121 /sq ftCana 24317Buyer’s market $141 /sq ftDugspur 24325Buyer’s market $250 /sq ftFancy Gap 24328Buyer’s market $165 /sq ft Browse all markets →Towns like Woodlawn nearby
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Questions about Woodlawn real estate
Is Woodlawn a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Woodlawn, VA 24381 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 Woodlawn?
The typical home went under contract in 113 days in the latest three months.
Do homes in Woodlawn sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Woodlawn?
About 0.53% of a home’s value a year in Carroll County, or roughly $2,120 on a $400,000 home.
What is the median home price in Woodlawn?
The median sale price was $349,849 in the three months ending August 31, 2026, about $197 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