Is Goode, VA 24556 a buyer’s or seller’s market?
Goode is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 56% of U.S. ZIP codes, and #244 of 362 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 July 31, 2026. See the breakdown
The Goode housing market right now
In the three months ending August 31, 2026, 29% of homes in Goode, VA 24556 sold above their list price, the typical home went under contract in 14 days and there were 4.6 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. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (22 days then) and the median sale price fell 21% to $474,795. Overall, Goode is more competitive than a year ago, so tougher for buyers.
Within Bedford County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 82%.
Nearby, buyers who want less competition could look at Big Island 24526 (0% sold over asking) or Blue Ridge 24064 (7% sold over asking), while Thaxton 24174 (43% sold over asking) and Vinton 24179 (33% sold over asking) are even more competitive.
Run the numbers for 24556
Nearby markets
Bedford 24523Seller’s market $188 /sq ftBig Island 24526Buyer’s market $232 /sq ftBlue Ridge 24064Balanced $162 /sq ftColeman Falls 24536 — /sq ft Browse all markets →Towns like Goode nearby
Find towns like Goode in other states →Where Goode is
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Questions about Goode real estate
Is Goode a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Goode, VA 24556 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 Goode?
The typical home went under contract in 14 days in the latest three months.
Do homes in Goode sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Goode?
About 0.43% of a home’s value a year in Bedford County, or roughly $1,720 on a $400,000 home.
What is the median home price in Goode?
The median sale price was $474,795 in the three months ending August 31, 2026, about $204 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