Is Scottsville, VA 24590 a buyer’s or seller’s market?

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

Scottsville is a buyer’s market. With about 11.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #293 of 358 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 August 31, 2026. See the breakdown

Months of supply11.8Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$209▼ −13.6% vs. last year

The Scottsville housing market right now

In the three months ending August 31, 2026, 13% of homes in Scottsville, VA 24590 sold above their list price, the typical home went under contract in 17 days and there were 11.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (51 days then) and the median sale price rose 16% to $407,324. Overall, Scottsville is more competitive than a year ago, so tougher for buyers.

Within Buckingham County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Scottsville ranks #293 of 358 VA ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Wingina 24599 (0% sold over asking) or Howardsville 24562 (0% sold over asking), while Buckingham 23921 (100% sold over asking) and Dillwyn 23936 (38% sold over asking) are even more competitive.

Nearby markets

Arvonia 23004Buyer’s market $246 /sq ftBuckingham 23921Buyer’s market $243 /sq ftDillwyn 23936Balanced $194 /sq ftGladstone 24553Balanced $226 /sq ft Browse all markets →

Where Scottsville is

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Questions about Scottsville real estate

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

A buyer’s market: there were 11.8 months of supply in Scottsville, VA 24590 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 Scottsville?

The typical home went under contract in 17 days in the latest three months.

Do homes in Scottsville sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Scottsville?

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 Scottsville?

The median sale price was $407,324 in the three months ending August 31, 2026, about $209 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