Is Bandy, VA 24602 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Bandy housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Tazewell County, VA

Population	1,213
Median income	$45,150
Average income	$60,712
Median home value	$88,800
Owner-occupied	66% of homes
Median year built	1992

Natural hazard riskWinter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 24602; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 24602

Prefilled for 24602Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24602Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bluefield 24605Balanced $105 /sq ft Broadford 24316 $147 /sq ft Cedar Bluff 24609Buyer’s market $101 /sq ft Doran 24612 — /sq ft Browse all markets →

Towns like Bandy nearby

Find towns like Bandy in other states →

Gilbert, WV25621 · 36 miles away90% similarVery close on income, prices and more Haysi, VA24256 · 35 miles away86% similarlarger Matewan, WV25678 · 37 miles away85% similar5 min shorter commute Sugar Grove, VA24375 · 30 miles away83% similarolder homes

Where Bandy is

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Questions about Bandy real estate

What are property taxes in Bandy?

About 0.62% of a home’s value a year in Tazewell County, or roughly $2,480 on a $400,000 home.

Local agents

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More tools for 24602

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Tazewell County property taxes Tazewell County loan limits Closing costs in Virginia Hottest ZIP codes in Virginia

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology