New - 2 days on Rocket
$475 Closing Credit¹
#9975414, Sarah Sawyers, Listing Office: REMAX Results Bristol
Russell County Housing Market Report December 2024•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 Seller's Market
Difference Since November 2024
Last month, Russell County was a Buyer's Market.
Insight
Russell County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$204,500$105/SqFt
+$39,500
+23.9%
Based on all homes sold in December 2024
Insight
Homes in Russell County have sold for 23.9% more than they did a month ago.
Summary: The median home sold price in Russell County was $204,500 in December 2024, up 23.9% from last month, and the median price per square foot was $105.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Russell County | $165K | $204.5K | +23.9% |
| Dickenson County | $163K | $112.1K | -31.2% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $87.5K | N/A |
| 33 Bedrooms | $205K | $139K | -32.2% |
| 44 Bedrooms | $125K | $419.5K | +235.6% |
| 55+ Bedrooms | - | - | N/A |
Summary: Russell County housing price by bedroom type for December 2024, 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 -32.2%. The home price for 4 bedroom homes increased by +235.6%. The home price for 5 bedroom homes did not change.
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 |
|---|---|---|
| 29Last MonthDec 2024 | ||
| 322 months agoNov 2024 | -9.4 % Change MoMNov – Dec |
Summary: The Russell County real estate market had 29 homes for sale in Dec 2024, a 9.4 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 42 months agoNov 2024 | +50.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 5 | 0.0% |
| 33 Bedrooms | 18 | 15 | -16.7% |
| 44 Bedrooms | 6 | 6 | 0.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Russell County 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 -16.7%. 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 Russell County, VA cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Russell County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Russell County in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and and 17% 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 Days3 Homes
Over 90 Days3 Homes
Insight
Avg time on Rocket Homes in Russell County has remained consistent over time.
Summary: During December 2024, 6 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
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 112 DaysLast MonthDec 2024 | ||
| 73 Days1 month agoNov 2024 | +53.7 % Change MoMNov – Dec |
Summary: Homes in Russell County had an average listing age of 112 days in Dec 2024, up by 53.7% compared to the previous month.
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Newest Listings in Russell County, VA
What homes are available in Russell County, VA?
New - 5 days on RocketBackup offers
$1,496 Closing Credit¹
#96124, Shaunna Collins, Listing Office: Terra Realty Group
New - 5 days on RocketBackup offers
$1,306 Closing Credit¹
#97626, RD Snead, Listing Office: eXp Realty
New - 5 days on RocketBackup offers
$3,562 Closing Credit¹
#98128, Sherry Curtis, Listing Office: Eagle Realty
New - 5 days on Rocket
$3,432 Closing Credit¹
#94289, Maxwell Yates, Listing Office: Matt Smith Realty
New - 5 days on RocketBackup offers
$1,425 Closing Credit¹
#97352, Tomisa Cordle, Listing Office: C&C Realty (Cordle & Company)
New - 5 days on Rocket
$2,136 Closing Credit¹
#98431, Sherry Curtis, Listing Office: Eagle Realty
New - 5 days on RocketBackup offers
$1,009 Closing Credit¹
#97365, Dustin Keith, Listing Office: Stuart and Associates
New - 5 days on RocketBackup offers
$1,835 Closing Credit¹
#98350, Carol Jones, Listing Office: BHHS Jones Property Group VA
$5,938 Closing Credit¹
#9975254, Sarah Sawyers, Listing Office: REMAX Results Bristol
$2,244 Closing Credit¹
#9975199, Bee Stuart, Listing Office: Stuart & Assoc
$10,000 Closing Credit¹
#9975185, Ada Buxton, Listing Office: American Realty
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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 11/01/2024 - 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, 3:20:56 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, 3:20:56 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, 3:15:58 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, 3:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.