Is Sutherlin, VA 24594 a buyer’s or seller’s market?
Sutherlin is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Sutherlin housing market right now
In the three months ending August 31, 2026, 0% of homes in Sutherlin, VA 24594 sold above their list price, the typical home went under contract in 27 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (55 days then) and the median sale price rose 38% to $349,749. Overall, Sutherlin is less competitive than a year ago, which gives buyers more room.
Within Halifax County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Vernon Hill 24597 (67% sold over asking) and Halifax 24558 (25% sold over asking) are even more competitive.
Run the numbers for 24594
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 Sutherlin nearby
Find towns like Sutherlin in other states →Where Sutherlin is
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Questions about Sutherlin real estate
Is Sutherlin a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Sutherlin, VA 24594 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 Sutherlin?
The typical home went under contract in 27 days in the latest three months.
Do homes in Sutherlin sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Sutherlin?
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 Sutherlin?
The median sale price was $349,749 in the three months ending August 31, 2026, about $193 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