Is Clifton Forge, VA 24422 a buyer’s or seller’s market?
Clifton Forge is a seller’s market. With about 3.8 months of supply and 12% 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.
More competitive than 32% of U.S. ZIP codes, and #310 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 Clifton Forge housing market right now
In the three months ending August 31, 2026, 12% of homes in Clifton Forge, VA 24422 sold above their list price, the typical home went under contract in 17 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold faster (38 days then) and the median sale price fell 29% to $109,952. Overall, Clifton Forge is more competitive than a year ago, so tougher for buyers.
On our competition score, Clifton Forge ranks #310 of 358 VA ZIP codes with enough sales (score 34 out of 100).
Nearby, buyers who want less competition could look at Selma 24474 (0% sold over asking) or Iron Gate 24448 (0% sold over asking).
Run the numbers for 24422
Nearby markets
Covington 24426Balanced $121 /sq ftIron Gate 24448Seller’s market $93 /sq ftSelma 24474 $43 /sq ft Browse all markets →Towns like Clifton Forge nearby
Find towns like Clifton Forge in other states →Where Clifton Forge is
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Questions about Clifton Forge real estate
Is Clifton Forge a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Clifton Forge, VA 24422 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 Clifton Forge?
The typical home went under contract in 17 days in the latest three months.
Do homes in Clifton Forge sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.
What are property taxes in Clifton Forge?
About 0.79% of a home’s value a year in Alleghany County, or roughly $3,160 on a $400,000 home.
What is the median home price in Clifton Forge?
The median sale price was $109,952 in the three months ending August 31, 2026, about $80 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