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CEDAR BLUFF, VA 24609

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

Market Analysis

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

The CEDAR BLUFF, VA real estate market (24609) currently shows 17 active listings, with 3 pending sales. Homes are averaging 130 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 selling faster, averaging 130 days on market compared to 155 days last year.

The median listing price has fallen 10.3% year-over-year, from $207,475 to $186,200.

Whether you are buying or selling in CEDAR BLUFF, 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: 6,613  ·  Density: 30.5/mi²  ·  Median household income: $49,394

Typical home value: $134,196  ·  Homeownership: 74.6%

Market Overview

Active Listings
17
⇧ 13.3% vs 15 last year
Pending
3
18% pending ratio
Median Price
$186,200
⇩ 10.3% vs $207,475 last year
Average Price
$234,926
⇧ 6.4% vs $220,733 last year
Days on Market
130
⇩ 16.1% vs 155 days last year

Price Per Square Foot

Median $/sqft
$97
⇩ 15.7% vs $115/sqft last year
Median Home Size
2,407 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 15 last year
  • Days on market: 130 now vs 155 last year

Median & Average Pricing

Year over Year
  • Median: $186,200 (-10.3% YoY)
  • Average: $234,926 (+6.4% 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 24.3 miles — 140 listings ($42,491,729 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24609Cedar Bluff, VA 246090.0 mi18$4,534,380$220,000$251,910
24641Richlands, VA 246416.2 mi23$4,207,781$180,000$182,947
24280Rosedale, VA 242809.6 mi1$594,493$594,493$594,493
24260Honaker, VA 2426011.4 mi7$5,997,600$367,493$856,800
24377Tannersville, VA 2437712.6 mi1$119,999$119,999$119,999
24651Tazewell, VA 2465116.6 mi19$4,260,560$187,500$224,240
24361Meadowview, VA 2436118.4 mi12$4,950,000$369,900$412,500
24225Cleveland, VA 2422519.5 mi4$1,431,500$283,750$357,875
24319Chilhowie, VA 2431920.1 mi20$5,133,760$230,900$256,688
24266Lebanon, VA 2426620.5 mi26$9,606,506$267,500$369,481
24656Vansant, VA 2465620.7 mi5$1,077,300$235,900$215,460
24884Squire, WV 2488421.9 mi1$80,000$80,000$80,000
24311Atkins, VA 2431124.3 mi3$497,850$165,950$165,950

Frequently Asked Questions

How many homes are for sale in CEDAR BLUFF, VA 24609?

As of February 2026, there are 17 active listings in CEDAR BLUFF, VA (zip code 24609), compared to 15 the prior year.

What is the median home price in CEDAR BLUFF, VA 24609?

The median listing price in CEDAR BLUFF, VA 24609 is $186,200 as of February 2026, a 10.3% decrease from $207,475 the prior year.

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

Homes in CEDAR BLUFF, VA 24609 spend an average of 130 days on the market before going under contract, compared to 155 days the prior year.

Is it a seller's or buyer's market in CEDAR BLUFF, VA 24609?

Based on current inventory and days-on-market data as of February 2026, CEDAR BLUFF, VA 24609 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 130 days on market compared to 155 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CEDAR BLUFF, VA 24609 save an estimated $3,724 compared to a typical 5% commission on the median listing price of $186,200. 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.