Bassett, VA Home Values & Market Trends

Real estate market trends reflect that there have been 177 transactions over the past year in Bassett. The median value for residential home transactions that occurred over the previous year is $195,713. The number of current listings in Bassett is 102, and the percentage of properties for sale in the city is 102.00%. Bassett, VA currently has 5 properties in foreclosure, 2 bank owned properties, 3 properties headed for auction, and 102 properties for sale.

Bassett, VA Real Estate Market Overview

ZipMedian Est. Value
24055

$ 195,713

$ 140/sqft

Housing Market Summary for Bassett, VA

Sep 2025September 2026Change
Median Listing Price$119.9K$72,400-39.62%
Median Sold Price$151K$150.2K-0.56%
Homes For Sale729937.50%
Homes Sold688525.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bassett, VA

Bassett home values range from $18,433 to $536,467. The median estimated value of a home in Bassett is $195,713. The median list price of a home is 72,400, and the total count of properties in the city is 196.

Foreclosure
There is 1 zips within Bassett, VA; within this zips, the median estimated home value for homes in foreclosure ranges from $200,761 in 24055 to the lowest value of $123,688 in 24055. Foreclosure homes account for 2.00% of properties in Bassett, VA with 24055 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Bassett, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bassett, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bassett, VA ranges from the highest value of $200,761 in 24055 to the lowest value of $158,602 in 24055. Bank owned homes and properties account for 1.02% of properties in Bassett, VA. There is 1 zips within Bassett, VA; 24055 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    24055 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Bassett, VA. Auction homes and other auction properties account for 1.53% of all properties in Bassett, VA. There is 1 zips within Bassett, VA; of that zips, the median estimated home value for homes going to auction ranges from $178,780 in 24055 to the lowest value of $123,688 in 24055.
Homes for Sale
Homes and properties that are actively listed for sale account for 52.04% of residential properties in Bassett, VA with 24055 containing 102 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Bassett, VA; homes for sale in that zips, have a range of median values from $536,467 in 24055 to the lowest value of $21,796 in 24055.
    Sold Homes
    The median value for recently sold homes ranges from $455,401 in 24055 to the lowest price of $18,433 in 24055. There is 1 zips within Bassett, VA. 24055 has 84 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 42.86% of properties in Bassett, VA.

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      Guide for Bassett, VA

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.