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BUCHANAN, VA 24066

Real Estate Market Report  ·  Botetourt County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BUCHANAN, VA real estate market (24066) currently shows 11 active listings, with 4 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 123 days on market compared to 85 days last year.

The median listing price has risen 2.7% year-over-year, from $369,000 to $378,950.

Whether you are buying or selling in BUCHANAN, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,127  ·  Density: 12.6/mi²  ·  Median household income: $60,924

Typical home value: $191,117  ·  Homeownership: 86.3%

Market Overview

Active Listings
11
⇩ 21.4% vs 14 last year
Pending
4
36% pending ratio
Median Price
$378,950
⇧ 2.7% vs $369,000 last year
Average Price
$443,693
⇧ 16.3% vs $381,450 last year
Days on Market
123
⇧ 44.7% vs 85 days last year

Price Per Square Foot

Median $/sqft
$180
⇩ 13% vs $207/sqft last year
Median Home Size
1,897 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 14 last year
  • Days on market: 123 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $378,950 (+2.7% YoY)
  • Average: $443,693 (+16.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.7 miles — 558 listings ($242,551,786 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24066Buchanan, VA 240660.0 mi13$5,568,303$459,950$428,331
24579Natural Bridge Station, VA 2457910.1 mi2$1,398,000$699,000$699,000
24090Fincastle, VA 2409011.6 mi18$14,716,350$541,200$817,575
24085Eagle Rock, VA 2408512.8 mi8$1,250,536$169,950$156,317
24555Glasgow, VA 2455514.5 mi5$1,964,835$165,000$392,967
24083Daleville, VA 2408316.1 mi10$6,273,260$662,450$627,326
24523Bedford, VA 2452316.3 mi109$49,658,438$399,900$455,582
24450Lexington, VA 2445018.3 mi60$31,040,520$381,395$517,342
24179Vinton, VA 2417918.7 mi57$20,615,589$324,950$361,677
24012Roanoke, VA 2401219.6 mi127$33,574,355$249,950$264,365
24422Clifton Forge, VA 2442220.6 mi26$6,300,788$139,000$242,338
24095Goodview, VA 2409522.0 mi17$13,159,632$529,950$774,096
24551Forest, VA 2455122.7 mi106$57,031,180$449,500$538,030

Frequently Asked Questions

How many homes are for sale in BUCHANAN, VA 24066?

As of February 2026, there are 11 active listings in BUCHANAN, VA (zip code 24066), compared to 14 the prior year.

What is the median home price in BUCHANAN, VA 24066?

The median listing price in BUCHANAN, VA 24066 is $378,950 as of February 2026, a 2.7% increase from $369,000 the prior year.

How long do homes stay on the market in BUCHANAN, VA?

Homes in BUCHANAN, VA 24066 spend an average of 123 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in BUCHANAN, VA 24066?

Based on current inventory and days-on-market data as of February 2026, BUCHANAN, VA 24066 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 123 days on market compared to 85 days last year.

How much can I save on real estate commission in BUCHANAN, VA?

With SELL123.com's maximum 3% commission, sellers in BUCHANAN, VA 24066 save an estimated $7,579 compared to a typical 5% commission on the median listing price of $378,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.