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CONCORD, VA 24538

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

Market Analysis

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

The CONCORD, VA real estate market (24538) currently shows 13 active listings, with 2 pending sales. Homes are averaging 74 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 74 days on market compared to 66 days last year.

The median listing price has fallen 10.4% year-over-year, from $348,850 to $312,413.

Whether you are buying or selling in CONCORD, 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: 4,744  ·  Density: 21.0/mi²  ·  Median household income: $57,135

Typical home value: $166,900  ·  Homeownership: 81.9%

Market Overview

Active Listings
13
⇧ 18.2% vs 11 last year
Pending
2
15% pending ratio
Median Price
$312,413
⇩ 10.4% vs $348,850 last year
Average Price
$355,049
⇧ 0.2% vs $354,331 last year
Days on Market
74
⇧ 12.1% vs 66 days last year

Price Per Square Foot

Median $/sqft
$216
⇧ 5.9% vs $204/sqft last year
Median Home Size
1,412 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 11 last year
  • Days on market: 74 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $312,413 (-10.4% YoY)
  • Average: $355,049 (+0.2% 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 24.7 miles — 524 listings ($200,371,430 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24538Concord, VA 245380.0 mi11$3,421,847$309,900$311,077
24504Lynchburg, VA 245045.9 mi46$13,103,238$221,000$284,853
24522Appomattox, VA 245229.7 mi44$16,951,484$331,200$385,261
24572Madison Heights, VA 2457212.2 mi43$16,770,688$324,900$390,016
24502Lynchburg, VA 2450214.7 mi194$63,173,966$299,950$325,639
23958Pamplin, VA 2395816.9 mi9$3,348,261$368,500$372,029
24528Brookneal, VA 2452817.9 mi20$4,885,120$205,000$244,256
24550Evington, VA 2455018.5 mi16$6,525,024$369,900$407,814
24551Forest, VA 2455120.7 mi106$57,031,180$449,500$538,030
24569Long Island, VA 2456921.6 mi2$203,300$101,650$101,650
24521Amherst, VA 2452122.6 mi27$11,180,322$354,450$414,086
23923Charlotte Court House, VA 2392323.5 mi5$3,308,000$329,900$661,600
22922Arrington, VA 2292224.7 mi1$469,000$469,000$469,000

Frequently Asked Questions

How many homes are for sale in CONCORD, VA 24538?

As of February 2026, there are 13 active listings in CONCORD, VA (zip code 24538), compared to 11 the prior year.

What is the median home price in CONCORD, VA 24538?

The median listing price in CONCORD, VA 24538 is $312,413 as of February 2026, a 10.4% decrease from $348,850 the prior year.

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

Homes in CONCORD, VA 24538 spend an average of 74 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in CONCORD, VA 24538?

Based on current inventory and days-on-market data as of February 2026, CONCORD, VA 24538 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 74 days on market compared to 66 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CONCORD, VA 24538 save an estimated $6,248 compared to a typical 5% commission on the median listing price of $312,413. 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.