Is Wytheville, VA 24382 a buyer’s or seller’s market?
Wytheville is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 24% of U.S. ZIP codes, and #326 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wytheville housing market right now
In the three months ending August 31, 2026, 19% of homes in Wytheville, VA 24382 sold above their list price, the typical home went under contract in 57 days and there were 4.9 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. That’s based on 37 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (69 days then) and the median sale price fell 18% to $217,906. Overall, Wytheville is more competitive than a year ago, so tougher for buyers.
Within Wythe County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Wytheville ranks #326 of 358 VA ZIP codes with enough sales (score 28 out of 100).
Nearby, buyers who want less competition could look at Speedwell 24374 (0% sold over asking) or Ivanhoe 24350 (0% sold over asking), while Max Meadows 24360 (29% sold over asking) is even more competitive.
Run the numbers for 24382
Nearby markets
Barren Springs 24313 — /sq ftCrockett 24323 — /sq ftIvanhoe 24350Buyer’s market $208 /sq ftMax Meadows 24360Seller’s market $157 /sq ft Browse all markets →Towns like Wytheville nearby
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Questions about Wytheville real estate
Is Wytheville a buyer’s or seller’s market?
A balanced market: there were 4.9 months of supply in Wytheville, VA 24382 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 Wytheville?
The typical home went under contract in 57 days in the latest three months.
Do homes in Wytheville sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Wytheville?
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 Wytheville?
The median sale price was $217,906 in the three months ending August 31, 2026, about $157 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