Russell County Housing Market Report April 2025•Russell County, Virginia

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Housing Prices in Russell County, VA

How much do homes in Russell County, VA cost?

Housing Market Conditions

Is Russell County, 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

Russell County is a Seller's Market

Difference Since March 2025

Last month, Russell County has remained a Seller's Market.

Insight

Russell County 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.
$172,000$116/SqFt
+$2,000
+1.2%

Based on all homes sold in April 2025

Insight

Homes in Russell County have sold for 1.2% more than they did a month ago.

Summary: The median home sold price in Russell County was $172,000 in April 2025, up 1.2% from last month, and the median price per square foot was $116.

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.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2$160K-
N/A
3$115K$171K
+48.7%
4$420K$263.5K
-37.3%
5-$520K
N/A

Summary: Russell County housing price by bedroom type for April 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 +48.7%. The home price for 4 bedroom homes decreased by -37.3%. The home price for 5 bedroom homes did not change.

How does Russell County, VA compare with other places?

Market comparison tool

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

Russell County, VA

Housing supply in Russell County, VA

How many homes are available in Russell County, 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
59Last MonthApr 2025
632 months agoMar 2025
-6.3 %
Change MoMMar – Apr

Summary: The Russell County real estate market had 59 homes for sale in Apr 2025, a 6.3 % decrease compared to Mar 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
19Last MonthApr 2025
142 months agoMar 2025
+35.7 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
100
0.0%
297
-22.2%
33537
+5.7%
41511
-26.7%
544
0.0%

Summary: Russell County housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -22.2%. The inventory for 3 bedroom homes increased by +5.7%. The inventory for 4 bedroom homes decreased by -26.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Russell County, 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 Price6 Homes

At Asking Price5 Homes

Under Asking Price8 Homes

Insight

If you're buying a home in Russell County, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Russell County in April 2025, up by 35.7% month-over-month. Of the 19 sold homes, 42% were sold under asking, 26% were sold at asking, and and 32% were sold over asking.

Days on Market for Russell County, VA

How long does it take to sell a home in Russell County, VA?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days6 Homes

Over 90 Days11 Homes

Insight

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

Summary: During April 2025, 19 homes were sold in Russell County; 11% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 58% 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
121 DaysLast MonthApr 2025
127 Days1 month agoMar 2025
-4.6 %
Change MoMMar – Apr

Summary: Homes in Russell County had an average listing age of 121 days in Apr 2025, down by 4.6% compared to the previous month.

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Newest Listings in Russell County, VA

What homes are available in Russell County, VA?

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Nearby markets

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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 03/01/2025 - 05/01/2025

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: 5/6/2025, 4:20:34 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: 5/6/2025, 4:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.