South Hill, VA Home Values & Market Trends
Real estate market trends reflect that there have been 91 transactions over the past year in South Hill. The median value for residential home transactions that occurred over the previous year is $241,810. The number of current listings in South Hill is 87, and the percentage of properties for sale in the city is 87.00%. South Hill, VA currently has 4 properties in foreclosure, 3 bank owned properties, 1 properties headed for auction, and 87 properties for sale.
South Hill, VA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 23970 | $ 241,810 $ 140/sqft |
Housing Market Summary for South Hill, VA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $370K | $277.4K | -25.03% |
| Median Sold Price | $203.6K | $162.6K | -20.13% |
| Homes For Sale | 41 | 87 | 112.20% |
| Homes Sold | 41 | 34 | -17.07% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in South Hill, VA
Browse Homes in South Hill, VA
South Hill home values range from $27,012 to $876,627. The median estimated value of a home in South Hill is $241,810. The median list price of a home is 277,400, and the total count of properties in the city is 133.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in South Hill, 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 South Hill, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in South Hill, VA ranges from the highest value of $274,652 in 23970 to the lowest value of $163,000 in 23970. Bank owned homes and properties account for 2.26% of properties in South Hill, VA. There is 1 zips within South Hill, VA; 23970 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23970 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of South Hill, VA. Auction homes and other auction properties account for 0.75% of all properties in South Hill, VA. There is 1 zips within South Hill, VA; of that zips, the median estimated home value for homes going to auction ranges from $244,250 in 23970 to the lowest value of $244,250 in 23970.
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Guide for South Hill, VA
Virginia Foreclosure Laws
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.