Is Mc Dowell, VA 24458 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Mc Dowell is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Mc Dowell housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Highland County, VA

Population	244
Median income	$54,145
Average income	$65,395
Median home value	$231,300
Owner-occupied	100% of homes
Median year built	1980

Natural hazard riskWinter storms (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 24458; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 24458

Prefilled for 24458Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24458Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blue Grass 24413 — /sq ft Head Waters 24442 — /sq ft Monterey 24465Buyer’s market $357 /sq ft Williamsville 24487 $224 /sq ft Browse all markets →

Where Mc Dowell is

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Questions about Mc Dowell real estate

What are property taxes in Mc Dowell?

About 0.57% of a home’s value a year in Highland County, or roughly $2,280 on a $400,000 home.

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More tools for 24458

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Highland County property taxes Highland County loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology