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Is Raven, VA 24639 a buyer’s or seller’s market?

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

Raven 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.

Months of supply16Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market105Listing to accepted offer
Median price per sq ft$91▲ +100.5% vs. last year

The Raven housing market right now

In the three months ending August 31, 2026, 0% of homes in Raven, VA 24639 sold above their list price, the typical home went under contract in 105 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 was about the same (0% then), homes sold about as fast and the median sale price rose 133% to $173,925. Overall, Raven is about as competitive as it was a year ago.

Run the numbers for 24639

Prefilled for 24639Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24639Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Davenport 24239 — /sq ftGrundy 24614Balanced $91 /sq ftHurley 24620 — /sq ftJewell Ridge 24622Seller’s market $64 /sq ft Browse all markets →

Towns like Raven nearby

Find towns like Raven in other states →
North Tazewell, VA24630 · 19 miles away84% similarlarger Saint Paul, VA24283 · 29 miles away80% similarVery close on income, prices and more Clintwood, VA24228 · 31 miles away78% similarlarger Tazewell, VA24651 · 21 miles away75% similarlarger

Where Raven is

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Questions about Raven real estate

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

A buyer’s market: there were 16 months of supply in Raven, VA 24639 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 Raven?

The typical home went under contract in 105 days in the latest three months.

Do homes in Raven sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Raven?

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 Raven?

The median sale price was $173,925 in the three months ending August 31, 2026, about $91 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