Is Staunton, VA 24401 a buyer’s or seller’s market?
Staunton is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 70% of U.S. ZIP codes, and #142 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 Staunton housing market right now
In the three months ending August 31, 2026, 32% of homes in Staunton, VA 24401 sold above their list price, the typical home went under contract in 11 days and there were 4 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 139 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 37%, homes sold more slowly (9 days then) and the median sale price rose 16% to $359,844. Overall, Staunton is less competitive than a year ago, which gives buyers more room.
Within Augusta County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Staunton ranks #142 of 358 VA ZIP codes with enough sales (score 66 out of 100).
Nearby, buyers who want less competition could look at West Augusta 24485 (0% sold over asking) or Mount Sidney 24467 (0% sold over asking), while Mount Solon 22843 (100% sold over asking) and Weyers Cave 24486 (60% sold over asking) are even more competitive.
Run the numbers for 24401
Nearby markets
Churchville 24421Seller’s market $201 /sq ftCraigsville 24430Seller’s market $196 /sq ftCrimora 24431Balanced $243 /sq ftDeerfield 24432 $136 /sq ft Browse all markets →Towns like Staunton nearby
Find towns like Staunton in other states →Where Staunton is
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Questions about Staunton real estate
Is Staunton a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Staunton, VA 24401 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 Staunton?
The typical home went under contract in 11 days in the latest three months.
Do homes in Staunton sell over asking?
32% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Staunton?
About 0.47% of a home’s value a year in Augusta County, or roughly $1,880 on a $400,000 home.
What is the median home price in Staunton?
The median sale price was $359,844 in the three months ending August 31, 2026, about $220 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