Gilmer Terrace · Oakland · Whittletown · Woodlawn · Woodlawn Heights
Data as of February 2026. Source: Realtor.com.
The CHATHAM, VA real estate market (24531) currently shows 26 active listings, with 7 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are selling faster, averaging 60 days on market compared to 111 days last year.
The median listing price has fallen 35.1% year-over-year, from $325,925 to $211,575.
Whether you are buying or selling in CHATHAM, 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.
Population: 9,182 · Density: 18.0/mi² · Median household income: $49,087
Typical home value: $131,639 · Homeownership: 77.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24531 | Chatham, VA 24531 | 0.0 mi | 28 | $7,083,244 | $190,000 | $252,973 |
| 24549 | Dry Fork, VA 24549 | 9.2 mi | 13 | $4,552,457 | $299,000 | $350,189 |
| 24557 | Gretna, VA 24557 | 11.7 mi | 29 | $8,179,363 | $224,450 | $282,047 |
| 24137 | Penhook, VA 24137 | 13.1 mi | 21 | $31,278,681 | $1,004,500 | $1,489,461 |
| 24540 | Danville, VA 24540 | 13.6 mi | 107 | $22,529,599 | $175,000 | $210,557 |
| 24541 | Danville, VA 24541 | 17.6 mi | 100 | $30,082,000 | $219,450 | $300,820 |
| 24176 | Union Hall, VA 24176 | 18.1 mi | 13 | $10,617,243 | $799,250 | $816,711 |
| 24586 | Ringgold, VA 24586 | 18.3 mi | 10 | $3,380,380 | $308,700 | $338,038 |
| 24594 | Sutherlin, VA 24594 | 19.8 mi | 2 | $1,325,000 | $662,500 | $662,500 |
| 24069 | Cascade, VA 24069 | 20.7 mi | 7 | $1,835,050 | $249,450 | $262,150 |
| 24092 | Glade Hill, VA 24092 | 20.9 mi | 1 | $1,750,000 | $1,750,000 | $1,750,000 |
| 27315 | Providence, NC 27315 | 23.2 mi | 8 | $2,135,736 | $314,500 | $266,967 |
| 24517 | Altavista, VA 24517 | 24.1 mi | 31 | $8,444,834 | $215,900 | $272,414 |
As of February 2026, there are 26 active listings in CHATHAM, VA (zip code 24531), compared to 12 the prior year.
The median listing price in CHATHAM, VA 24531 is $211,575 as of February 2026, a 35.1% decrease from $325,925 the prior year.
Homes in CHATHAM, VA 24531 spend an average of 60 days on the market before going under contract, compared to 111 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CHATHAM, VA 24531 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 60 days on market compared to 111 days last year.
With SELL123.com's maximum 3% commission, sellers in CHATHAM, VA 24531 save an estimated $4,232 compared to a typical 5% commission on the median listing price of $211,575. 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.