Is Gladys, VA 24554 a buyer’s or seller’s market?

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

Gladys is a seller’s market. With about 2.3 months of supply and 27% 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.

Months of supply2.3Under 4 months = seller’s market
Sold above original list27.3%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$198▼ −2.7% vs. last year

The Gladys housing market right now

In the three months ending August 31, 2026, 27% of homes in Gladys, VA 24554 sold above their list price, the typical home went under contract in 51 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold more slowly (29 days then) and the median sale price rose 11% to $315,863. Overall, Gladys is more competitive than a year ago, so tougher for buyers.

Within Campbell County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Rustburg 24588 (14% sold over asking) or Concord 24538 (14% sold over asking).

Nearby markets

Altavista 24517Seller’s market $151 /sq ftBrookneal 24528Balanced $204 /sq ftConcord 24538Balanced $191 /sq ftEvington 24550Balanced $219 /sq ft Browse all markets →

Where Gladys is

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Questions about Gladys real estate

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

A seller’s market: there were 2.3 months of supply in Gladys, VA 24554 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 Gladys?

The typical home went under contract in 51 days in the latest three months.

Do homes in Gladys sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Gladys?

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 Gladys?

The median sale price was $315,863 in the three months ending August 31, 2026, about $198 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