Is Grundy, VA 24614 a buyer’s or seller’s market?
Grundy is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Grundy housing market right now
In the three months ending August 31, 2026, 0% of homes in Grundy, VA 24614 sold above their list price, the typical home went under contract in 98 days and there were 5 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. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (89 days then) and the median sale price fell 8% to $140,939. Overall, Grundy is less competitive than a year ago, which gives buyers more room.
Run the numbers for 24614
Nearby markets
Davenport 24239 — /sq ftHurley 24620 — /sq ftJewell Ridge 24622Seller’s market $64 /sq ftOakwood 24631Buyer’s market $77 /sq ft Browse all markets →Towns like Grundy nearby
Find towns like Grundy in other states →Where Grundy is
Loading map…
Questions about Grundy real estate
Is Grundy a buyer’s or seller’s market?
A balanced market: there were 5 months of supply in Grundy, VA 24614 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 Grundy?
The typical home went under contract in 98 days in the latest three months.
Do homes in Grundy sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 89.4% of the list price.
What are property taxes in Grundy?
About 0.44% of a home’s value a year in Buchanan County, or roughly $1,760 on a $400,000 home.
What is the median home price in Grundy?
The median sale price was $140,939 in the three months ending August 31, 2026, about $91 per square foot.
Local agents
See all agents in 24614 →No sponsored agents in 24614 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 24614
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology