Is Altavista, VA 24517 a buyer’s or seller’s market?

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

Altavista is a seller’s market. With about 2.4 months of supply and 21% 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 score54/ 100

More competitive than 55% of U.S. ZIP codes, and #232 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 supply2.4Under 4 months = seller’s market
Sold above original list21%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$151▼ −3.3% vs. last year

The Altavista housing market right now

In the three months ending August 31, 2026, 21% of homes in Altavista, VA 24517 sold above their list price, the typical home went under contract in 15 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold faster (17 days then) and the median sale price rose 22% to $219,805. Overall, Altavista is less competitive than a year ago, which gives buyers more room.

Within Campbell County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Altavista ranks #232 of 358 VA ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Rustburg 24588 (14% sold over asking) or Concord 24538 (14% sold over asking), while Gladys 24554 (27% sold over asking) and Lynchburg 24501 (24% sold over asking) are even more competitive.

Nearby markets

Brookneal 24528Balanced $204 /sq ftConcord 24538Balanced $191 /sq ftEvington 24550Balanced $219 /sq ftGladys 24554Seller’s market $198 /sq ft Browse all markets →

Where Altavista is

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Questions about Altavista real estate

Is Altavista a buyer’s or seller’s market?

A seller’s market: there were 2.4 months of supply in Altavista, VA 24517 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 Altavista?

The typical home went under contract in 15 days in the latest three months.

Do homes in Altavista sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Altavista?

About 0.45% of a home’s value a year in Campbell County, or roughly $1,800 on a $400,000 home.

What is the median home price in Altavista?

The median sale price was $219,805 in the three months ending August 31, 2026, about $151 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