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Simpkins Village

RADFORD, VA 24141

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 24141

Simpkins Village

Market Analysis

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

The RADFORD, VA real estate market (24141) currently shows 50 active listings, with 21 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 78 days last year.

The median listing price has risen 14.3% year-over-year, from $294,750 to $336,800.

Whether you are buying or selling in RADFORD, 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: 21,804  ·  Density: 128.4/mi²  ·  Median household income: $58,544

Typical home value: $219,116  ·  Homeownership: 57.6%

Market Overview

Active Listings
50
⇩ 28.6% vs 70 last year
Pending
21
42% pending ratio
Median Price
$336,800
⇧ 14.3% vs $294,750 last year
Average Price
$395,651
⇧ 21.4% vs $325,837 last year
Days on Market
60
⇩ 23.1% vs 78 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 17.8% vs $169/sqft last year
Median Home Size
1,607 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 50 this year vs 70 last year
  • Days on market: 60 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $336,800 (+14.3% YoY)
  • Average: $395,651 (+21.4% 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 22.0 miles — 330 listings ($178,360,942 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24141Radford, VA 241410.0 mi52$21,946,704$310,000$422,052
24073Christiansburg, VA 240738.2 mi89$39,880,900$379,950$448,100
24149Riner, VA 241499.1 mi11$5,114,450$489,950$464,950
24084Dublin, VA 2408412.4 mi22$8,013,236$345,000$364,238
24060Blacksburg, VA 2406013.5 mi105$72,307,515$496,200$688,643
24138Pilot, VA 2413814.2 mi8$5,720,664$349,000$715,083
24136Pembroke, VA 2413615.2 mi11$6,873,163$364,000$624,833
24162Shawsville, VA 2416217.2 mi5$2,872,500$574,500$574,500
24128Newport, VA 2412817.5 mi4$5,263,200$699,900$1,315,800
24313Barren Springs, VA 2431318.3 mi1$228,500$228,500$228,500
24087Elliston, VA 2408719.6 mi5$1,527,590$219,999$305,518
24150Ripplemead, VA 2415020.9 mi1$23,000$23,000$23,000
24124Narrows, VA 2412422.0 mi16$8,589,520$265,000$536,845

Frequently Asked Questions

How many homes are for sale in RADFORD, VA 24141?

As of February 2026, there are 50 active listings in RADFORD, VA (zip code 24141), compared to 70 the prior year.

What is the median home price in RADFORD, VA 24141?

The median listing price in RADFORD, VA 24141 is $336,800 as of February 2026, a 14.3% increase from $294,750 the prior year.

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

Homes in RADFORD, VA 24141 spend an average of 60 days on the market before going under contract, compared to 78 days the prior year.

Is it a seller's or buyer's market in RADFORD, VA 24141?

Based on current inventory and days-on-market data as of February 2026, RADFORD, VA 24141 is currently a Seller's Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 78 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RADFORD, VA 24141 save an estimated $6,736 compared to a typical 5% commission on the median listing price of $336,800. 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.