Glade Spring Housing Market Report May 2025•Washington County, Virginia

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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?

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 Spring is a Seller's Market

Difference Since April 2025

Last month, 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

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.
$288,500$173/SqFt
+$35,500
+14.0%

Based on all homes sold in May 2025

Insight

Homes in Glade Spring have sold for 14% more than they did a month ago.

Summary: The median home sold price in Glade Spring was $288,500 in May 2025, up 14% from last month, and the median price per square foot was $173.

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$145.5K-
N/A
3$321K$288.5K
-10.1%
4$469K$250K
-46.7%
5--
N/A

Summary: Glade Spring 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 decreased by -10.1%. The home price for 4 bedroom homes decreased by -46.7%. The home price for 5 bedroom homes did not change.

How does Glade Spring, VA compare with other places?

Market comparison tool

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

Glade Spring, VA

Housing supply in Glade Spring, VA

How many homes are available in Glade Spring, 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
20Last MonthMay 2025
202 months agoApr 2025
0.0 %
Change MoMApr – May

Summary: The Glade Spring real estate market had 20 homes for sale in May 2025, the same as 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
7Last MonthMay 2025
42 months agoApr 2025
+75.0 %
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%
231
-66.7%
31112
+9.1%
445
+25.0%
522
0.0%

Summary: Glade Spring 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 decreased by -66.7%. The inventory for 3 bedroom homes increased by +9.1%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Glade Spring, 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 Price2 Homes

At Asking Price3 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in Glade Spring, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Glade Spring in May 2025, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and and 29% 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 Days0 Home

30 – 90 Days5 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Glade Spring has remained consistent over time.

Summary: During May 2025, 7 homes were sold in Glade Spring; 0% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% 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
60 DaysLast MonthMay 2025
98 Days1 month agoApr 2025
-38.7 %
Change MoMApr – May

Summary: Homes in Glade Spring had an average listing age of 60 days in May 2025, down by 38.7% compared to the previous month.

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Newest Listings in Glade Spring, VA

What homes are available in Glade Spring, VA?

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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 04/01/2025 - 06/01/2025

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: 6/13/2025, 12:50:33 AM 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: 6/13/2025, 6:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.