Is Scottsburg, VA 24589 a buyer’s or seller’s market?
Scottsburg is a seller’s market. With about 1.6 months of supply and 25% 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.
The Scottsburg housing market right now
In the three months ending August 31, 2026, 25% of homes in Scottsburg, VA 24589 sold above their list price, the typical home went under contract in 16 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (45 days then) and the median sale price fell 8% to $169,926. Overall, Scottsburg is more competitive than a year ago, so tougher for buyers.
Within Halifax County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 71%.
Nearby, buyers who want less competition could look at Virgilina 24598 (0% sold over asking) or Sutherlin 24594 (0% sold over asking), while Vernon Hill 24597 (67% sold over asking) is even more competitive.
Run the numbers for 24589
Nearby markets
Alton 24520Seller’s market $289 /sq ftClover 24534 — /sq ftHalifax 24558Balanced $133 /sq ftNathalie 24577Buyer’s market $73 /sq ft Browse all markets →Towns like Scottsburg nearby
Find towns like Scottsburg in other states →Where Scottsburg is
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Questions about Scottsburg real estate
Is Scottsburg a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Scottsburg, VA 24589 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 Scottsburg?
The typical home went under contract in 16 days in the latest three months.
Do homes in Scottsburg sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 101.5% of the list price.
What are property taxes in Scottsburg?
About 0.46% of a home’s value a year in Halifax County, or roughly $1,840 on a $400,000 home.
What is the median home price in Scottsburg?
The median sale price was $169,926 in the three months ending August 31, 2026, about $124 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