Glade Hill Housing Market Report May 2025•Franklin County, Virginia

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Housing Prices in Glade Hill, VA

How much do homes in Glade Hill, VA cost?

Housing Market Conditions

Is Glade Hill, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Glade Hill is a Seller's Market

Difference Since April 2025

Last month, Glade Hill has remained a Seller's Market.

Insight

Glade Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$332,000$225/SqFt
+$17,000
+5.4%

Based on all homes sold in May 2025

Insight

Homes in Glade Hill have sold for 5.4% more than they did a month ago.

Summary: The median home sold price in Glade Hill was $332,000 in May 2025, up 5.4% from last month, and the median price per square foot was $225.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2-$179.9K
N/A
3$315K$332K
+5.4%
4-$1.1M
N/A
5--
N/A

Summary: Glade Hill housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Glade Hill, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Glade Hill, VA

Housing supply in Glade Hill, VA

How many homes are available in Glade Hill, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
17Last MonthMay 2025
112 months agoApr 2025
+54.5 %
Change MoMApr – May

Summary: The Glade Hill real estate market had 17 homes for sale in May 2025, a 54.5 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMay 2025
32 months agoApr 2025
+66.7 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
212
+100.0%
389
+12.5%
425
+150.0%
501
+100.0%

Summary: Glade Hill housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes increased by +150.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Glade Hill, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price4 Homes

Insight

If you're buying a home in Glade Hill, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Glade Hill in May 2025, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and and 0% were sold over asking.

Days on Market for Glade Hill, VA

How long does it take to sell a home in Glade Hill, VA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Glade Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2025, 5 homes were sold in Glade Hill; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
179 DaysLast MonthMay 2025
0 Days1 month agoApr 2025
0.0 %
Change MoMApr – May

Summary: Homes in Glade Hill had an average listing age of 179 days in May 2025, down by .0% compared to the previous month.

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Newest Listings in Glade Hill, VA

What homes are available in Glade Hill, VA?

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MLS Disclaimers and Copyright

Based on information from Roanoke Valley Association of Realtors MLS, and Lynchburg MLS for the period 04/01/2025 - 06/01/2025

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 10:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.