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Is Long Island, VA 24569 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Long Island is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list104.5%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$96

The Long Island housing market right now

In the three months ending August 31, 2026, 100% of homes in Long Island, VA 24569 sold above their list price, the typical home went under contract in 14 days and there were 4.8 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 2 sales, these figures can swing a lot from month to month.

Within Pittsylvania County, homes here sell faster than in 85% 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 Keeling 24566 (0% sold over asking) or Dry Fork 24549 (0% sold over asking).

Run the numbers for 24569

Prefilled for 24569Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24569Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Blairs 24527Buyer’s market $183 /sq ftCallands 24530Seller’s market $177 /sq ftCascade 24069Balanced $60 /sq ftChatham 24531Seller’s market $127 /sq ft Browse all markets →

Towns like Long Island nearby

Find towns like Long Island in other states →
Clover, VA24534 · 23 miles away71% similarcheaper homes ($50K less) · larger Nathalie, VA24577 · 12 miles away69% similarcheaper homes ($32K less) · larger Java, VA24565 · 15 miles away57% similarcheaper homes ($38K less) · younger residents Keysville, VA23947 · 36 miles away57% similarlarger · 8 min shorter commute

Where Long Island is

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Questions about Long Island real estate

Is Long Island a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Long Island, VA 24569 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 Long Island?

The typical home went under contract in 14 days in the latest three months.

Do homes in Long Island sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 104.5% of the list price.

What are property taxes in Long Island?

About 0.59% of a home’s value a year in Pittsylvania County, or roughly $2,360 on a $400,000 home.

What is the median home price in Long Island?

The median sale price was $234,898 in the three months ending August 31, 2026, about $96 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