New - 1 day on RocketBackup offers
$2,446 Closing Credit¹
#97891, Kathy Gentry, Listing Office: Matt Smith Realty
Glade Spring Housing Market Report December 2024•Washington County, Virginia
Housing Prices in Glade Spring, VA
How much do homes in Glade Spring, VA cost?
Housing Market Conditions
Is Glade Spring, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Glade Spring is a Seller's Market
Difference Since December 2023
Since last year, Glade Spring has remained a Seller's Market.
Insight
Glade Spring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$307,500$172/SqFt
+$57,515
+23.0%
Based on all homes sold in the last 12 months
Insight
Homes in Glade Spring have sold for 23% more than they did a year ago.
Summary: The median home sold price in Glade Spring was $307,500 in December 2024, up 23% from last year, and the median price per square foot was $172.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Glade Spring | $249.9K | $307.5K | +23.0% |
| Monroe | $250K | $267.4K | +7.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $187K | $137.5K | -26.5% |
| 33 Bedrooms | $240K | $284K | +18.3% |
| 44 Bedrooms | $265K | $472K | +78.1% |
| 55+ Bedrooms | $317.5K | $646.2K | +103.5% |
Summary: Glade Spring housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -26.5%. The home price for 3 bedroom homes increased by +18.3%. The home price for 4 bedroom homes increased by +78.1%. The home price for 5 bedroom homes increased by +103.5%.
Housing supply in Glade Spring, VA
How many homes are available in Glade Spring, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 62 months agoNov 2024 | -16.7 % Change MoMNov – Dec |
Summary: The Glade Spring real estate market had 5 homes for sale in Dec 2024, a 16.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthDec 2024 | ||
| 12 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 4 | 3 | -25.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Glade Spring housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Glade Spring, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Glade Spring, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Glade Spring in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Glade Spring, VA
How long does it take to sell a home in Glade Spring, VA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Glade Spring are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1 homes were sold in Glade Spring; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 25 DaysThis YearDec 2024 | ||
| 74 Days1 year agoDec 2023 | -66.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Glade Spring had an average listing age of 25 days in Dec 2024, down by 66.4% compared to the previous year.
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Newest Listings in Glade Spring, VA
What homes are available in Glade Spring, VA?
New - 6 days on RocketBackup offers
$1,959 Closing Credit¹
#93904, Whitney Olinger, Listing Office: RE/MAX Results
$2,624 Closing Credit¹
#9975246, Jason Harris, John Mahaffey, Listing Office: The Mahaffey Agency
$2,791 Closing Credit¹
#9973841, Savannah Huffard, Listing Office: KW Johnson City
$2,494 Closing Credit¹
#9972522, Garrison Buchanan, Listing Office: Summit Properties
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, and Southwest Virginia Association of REALTORS® MLS for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 1/29/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 1/29/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2025 Southwest Virginia 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: 1/29/2025, 4:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.