Is Buena Vista, VA 24416 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Buena Vista is a seller’s market. With about 3.6 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score28/ 100

More competitive than 24% of U.S. ZIP codes, and #325 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

Months of supply3.6Under 4 months = seller’s market
Sold above original list9.1%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market47Listing to accepted offer
Median price per sq ft$150▲ +6.6% vs. last year

The Buena Vista housing market right now

In the three months ending August 31, 2026, 9% of homes in Buena Vista, VA 24416 sold above their list price, the typical home went under contract in 47 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold more slowly (31 days then) and the median sale price rose 5% to $231,900. Overall, Buena Vista is less competitive than a year ago, which gives buyers more room.

Within Rockbridge County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Buena Vista ranks #325 of 358 VA ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Natural Bridge Station 24579 (0% sold over asking) or Vesuvius 24483 (0% sold over asking), while Glasgow 24555 (40% sold over asking) and Rockbridge Baths 24473 (25% sold over asking) are even more competitive.

Nearby markets

Fairfield 24435Seller’s market $218 /sq ftGlasgow 24555Seller’s market $158 /sq ftGoshen 24439Buyer’s market $257 /sq ftLexington 24450Seller’s market $225 /sq ft Browse all markets →

Where Buena Vista is

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Questions about Buena Vista real estate

Is Buena Vista a buyer’s or seller’s market?

A seller’s market: there were 3.6 months of supply in Buena Vista, VA 24416 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 Buena Vista?

The typical home went under contract in 47 days in the latest three months.

Do homes in Buena Vista sell over asking?

9% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Buena Vista?

About 0.60% of a home’s value a year in Rockbridge County, or roughly $2,400 on a $400,000 home.

What is the median home price in Buena Vista?

The median sale price was $231,900 in the three months ending August 31, 2026, about $150 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