Call or Text (240) SELL-123

ELLISTON, VA 24087

Real Estate Market Report  ·  Montgomery County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The ELLISTON, VA real estate market (24087) currently shows 4 active listings, with 3 pending sales. Homes are averaging 345 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 345 days on market compared to 146 days last year.

The median listing price has fallen 37.2% year-over-year, from $795,000 to $499,000.

Whether you are buying or selling in ELLISTON, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ELLISTON, VA 24087 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 4,041  ·  Density: 34.1/mi²  ·  Median household income: $45,347

Typical home value: $128,604  ·  Homeownership: 74.0%

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
3
75% pending ratio
Median Price
$499,000
⇩ 37.2% vs $795,000 last year
Average Price
$499,000
⇩ 37.2% vs $795,000 last year
Days on Market
345
⇧ 136.3% vs 146 days last year

Price Per Square Foot

Median $/sqft
$165
⇩ 80.2% vs $835/sqft last year
Median Home Size
3,023 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 345 now vs 146 last year

Median & Average Pricing

Year over Year
  • Median: $499,000 (-37.2% YoY)
  • Average: $499,000 (-37.2% 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 20.2 miles — 665 listings ($274,660,073 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24087Elliston, VA 240870.0 mi5$1,527,590$219,999$305,518
24059Bent Mountain, VA 240598.0 mi6$5,357,574$624,900$892,929
24060Blacksburg, VA 240609.7 mi105$72,307,515$496,200$688,643
24018Roanoke, VA 2401811.3 mi139$60,610,811$395,950$436,049
24138Pilot, VA 2413812.7 mi8$5,720,664$349,000$715,083
24072Check, VA 2407213.0 mi5$1,784,620$294,899$356,924
24017Roanoke, VA 2401714.8 mi91$18,814,250$199,919$206,750
24067Callaway, VA 2406716.3 mi7$3,146,094$479,963$449,442
24011Roanoke, VA 2401117.1 mi1$2,100,000$2,100,000$2,100,000
24149Riner, VA 2414917.4 mi11$5,114,450$489,950$464,950
24019Roanoke, VA 2401918.0 mi99$35,532,783$325,000$358,917
24014Roanoke, VA 2401418.4 mi61$29,069,367$339,999$476,547
24012Roanoke, VA 2401220.2 mi127$33,574,355$249,950$264,365

Frequently Asked Questions

How many homes are for sale in ELLISTON, VA 24087?

As of February 2026, there are 4 active listings in ELLISTON, VA (zip code 24087), compared to 2 the prior year.

What is the median home price in ELLISTON, VA 24087?

The median listing price in ELLISTON, VA 24087 is $499,000 as of February 2026, a 37.2% decrease from $795,000 the prior year.

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

Homes in ELLISTON, VA 24087 spend an average of 345 days on the market before going under contract, compared to 146 days the prior year.

Is it a seller's or buyer's market in ELLISTON, VA 24087?

Based on current inventory and days-on-market data as of February 2026, ELLISTON, VA 24087 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 345 days on market compared to 146 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELLISTON, VA 24087 save an estimated $9,980 compared to a typical 5% commission on the median listing price of $499,000. 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.