24588 Home Values & Market Trends

There are 125 homes currently listed for 24588. 24588 real estate market trends show that home prices range from $130,000 to $1,750,000, and the median sales price in the 24588 zip code is $302,334. The total number of properties sold within the past twelve months is 132. In 24588, 3 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.

24588 Real Estate Market Overview

CityMedian Est. Value
Rustburg

$ 302,334

$ 175/sqft

Housing Market Summary for 24588

Sep 2025September 2026Change
Median Listing Price$269.9K$299.9K11.12%
Median Sold Price$267.9K$266.8K-0.39%
Homes For Sale6612284.85%
Homes Sold7643-43.42%
Price
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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 24588

The median list price of a home in Rustburg, is $302,334. A total of 125 properties are for sale, and the percentage of properties for sale in the zip code is 125.00%. The total count of 24588 properties is 176.

Foreclosure
There is 1 cities within 24588; within this cities, the median estimated home value for homes in foreclosure ranges from $393,145 in rustburg to the lowest value of $220,695 in rustburg. Foreclosure homes account for 1.00% of properties in 24588 with rustburg containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 24588 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24588; of that cities, 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 24588 ranges from the highest value of $336,011 in rustburg to the lowest value of $220,695 in rustburg. Bank owned homes and properties account for 1.14% of properties in 24588. There is 1 cities within 24588; rustburg containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    rustburg has 1 auction properties, the highest number of properties going to auction in a single city in the state of 24588. Auction homes and other auction properties account for 0.57% of all properties in 24588. There is 1 cities within 24588; of that cities, the median estimated home value for homes going to auction ranges from $393,145 in rustburg to the lowest value of $393,145 in rustburg.
Homes for Sale
Homes and properties that are actively listed for sale account for 71.02% of residential properties in 24588 with rustburg containing 125 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 24588; homes for sale in that cities, have a range of median values from $816,556 in rustburg to the lowest value of $107,920 in rustburg.
    Sold Homes
    The median value for recently sold homes ranges from $627,026 in rustburg to the lowest price of $40,062 in rustburg. There is 1 cities within 24588. rustburg has 45 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.57% of properties in 24588.

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      Guide for 24588

      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.