Is Bluefield, VA 24605 a buyer’s or seller’s market?
Bluefield is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 5% of U.S. ZIP codes, and #351 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
The Bluefield housing market right now
In the three months ending August 31, 2026, 0% of homes in Bluefield, VA 24605 sold above their list price, the typical home went under contract in 66 days and there were 4 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. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold faster (70 days then) and the median sale price rose 18% to $226,402. Overall, Bluefield is less competitive than a year ago, which gives buyers more room.
Within Tazewell County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Bluefield ranks #351 of 358 VA ZIP codes with enough sales (score 11 out of 100).
Nearby, North Tazewell 24630 (38% sold over asking) and Cedar Bluff 24609 (17% sold over asking) are even more competitive.
Run the numbers for 24605
Nearby markets
Bandy 24602 — /sq ftBroadford 24316 $147 /sq ftCedar Bluff 24609Buyer’s market $101 /sq ftDoran 24612 — /sq ft Browse all markets →Towns like Bluefield nearby
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Questions about Bluefield real estate
Is Bluefield a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Bluefield, VA 24605 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 Bluefield?
The typical home went under contract in 66 days in the latest three months.
Do homes in Bluefield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.6% of the list price.
What are property taxes in Bluefield?
About 0.62% of a home’s value a year in Tazewell County, or roughly $2,480 on a $400,000 home.
What is the median home price in Bluefield?
The median sale price was $226,402 in the three months ending August 31, 2026, about $105 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