New - 20 hours on Rocket
$1,995 Closing Credit¹
#9977099, Melanie Waugh, Listing Office: Homeland Real Estate
Russell County Housing Market Report February 2025•Russell County, Virginia
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?
Seller'sMarket
Buyer'sMarket
Russell County is a Neutral Market
Difference Since February 2024
Since last year, Russell County has remained a Neutral Market.
Insight
Russell County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$184,250$108/SqFt
-$2,500
-1.3%
Based on all homes sold in the last 12 months
Insight
Homes in Russell County have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Russell County was $184,250 in February 2025, down 1.3% from last year, and the median price per square foot was $108.
Median Sold Price By Counties
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Wise County | $135K | $152.5K | +13.0% |
| Russell County | $186.7K | $184.2K | -1.3% |
| Washington County | $286.4K | $279.6K | -2.4% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $64K | $95.5K | +49.2% |
| 33 Bedrooms | $175K | $179K | +2.3% |
| 44 Bedrooms | $269K | $280K | +4.1% |
| 55+ Bedrooms | $136.9K | $212.5K | +55.1% |
Summary: Russell County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +49.2%. The home price for 3 bedroom homes increased by +2.3%. The home price for 4 bedroom homes increased by +4.1%. The home price for 5 bedroom homes increased by +55.1%.
Housing supply in Russell County, VA
How many homes are available in Russell County, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 47Last MonthFeb 2025 | ||
| 462 months agoJan 2025 | +2.2 % Change MoMJan – Feb |
Summary: The Russell County real estate market had 47 homes for sale in Feb 2025, a 2.2 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthFeb 2025 | ||
| 72 months agoJan 2025 | +14.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 7 | 9 | +28.6% |
| 33 Bedrooms | 28 | 26 | -7.1% |
| 44 Bedrooms | 8 | 6 | -25.0% |
| 55+ Bedrooms | 3 | 6 | +100.0% |
Summary: Russell County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +28.6%. The inventory for 3 bedroom homes decreased by -7.1%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Russell County, VA cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Russell County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Russell County in February 2025, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and and 13% 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 Days0 Home
30 – 90 Days4 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in Russell County has remained consistent over time.
Summary: During February 2025, 8 homes were sold in Russell County; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 103 DaysThis YearFeb 2025 | ||
| 87 Days1 year agoFeb 2024 | +18.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Russell County had an average listing age of 103 days in Feb 2025, up by 18.4% compared to the previous year.
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Newest Listings in Russell County, VA
What homes are available in Russell County, VA?
New - 1 day on Rocket
$1,603 Closing Credit¹
#9977053, Luke Mullins, Listing Office: REMAX Cavaliers
New - 5 days on RocketBackup offers
$2,018 Closing Credit¹
#98783, Connie S. Comer, Listing Office: Cedar Realty Group
New - 7 days on Rocket
$2,552 Closing Credit¹
#9976806, Cynthia Routon, Listing Office: Holston Realty, Inc.
$2,090 Closing Credit¹
#9976494, Debra Ball, Listing Office: Prestige Homes of the Tri Cities, Inc.
Backup offers
$1,780 Closing Credit¹
#98669, Barbara Parker, Listing Office: Stuart and Associates
$2,018 Closing Credit¹
#2504364, Devin Moore, Listing Office: Innovation Properties, LLC
$10,000 Closing Credit¹
#9975963, Ada Buxton, Listing Office: American Realty
#9975960, Ada Buxton, Listing Office: American Realty
$2,066 Closing Credit¹
#9975634, Melanie Waugh, Listing Office: Homeland Real Estate
$475 Closing Credit¹
#9975414, Sarah Sawyers, Listing Office: REMAX Results Bristol
$5,938 Closing Credit¹
#9975254, Sarah Sawyers, Listing Office: REMAX Results Bristol
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, Southwest Virginia Association of REALTORS® MLS, and Central Virginia Regional MLS for the period 03/01/2023 - 03/01/2025
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: 3/12/2025, 8:20:56 AM 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: 3/12/2025, 8:20:56 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: 3/12/2025, 8:15:59 AM 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: 3/12/2025, 8:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. 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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reservedData displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.