Is Gladstone, VA 24553 a buyer’s or seller’s market?
Gladstone is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Gladstone housing market right now
In the three months ending August 31, 2026, 0% of homes in Gladstone, VA 24553 sold above their list price, the typical home went under contract in 84 days and there were 5.8 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. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (32 days then) and the median sale price rose 63% to $359,744. Overall, Gladstone is less competitive than a year ago, which gives buyers more room.
Within Buckingham County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Buckingham 23921 (100% sold over asking) and Dillwyn 23936 (38% sold over asking) are even more competitive.
Run the numbers for 24553
Nearby markets
Arvonia 23004Buyer’s market $246 /sq ftBuckingham 23921Buyer’s market $243 /sq ftDillwyn 23936Balanced $194 /sq ftHowardsville 24562Seller’s market $207 /sq ft Browse all markets →Towns like Gladstone nearby
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Questions about Gladstone real estate
Is Gladstone a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Gladstone, VA 24553 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 Gladstone?
The typical home went under contract in 84 days in the latest three months.
Do homes in Gladstone sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Gladstone?
About 0.52% of a home’s value a year in Buckingham County, or roughly $2,080 on a $400,000 home.
What is the median home price in Gladstone?
The median sale price was $359,744 in the three months ending August 31, 2026, about $226 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