Should I List My Home Now or Wait? What NRV Real Estate Market Data Says
Should I list my home now or wait? It isn’t an easy decision to make. Many homeowners face both the emotional pull of leaving and the practical worry of getting the timing right. You want to sell without regret, and at the best possible price.
The ideal time to list your home isn’t just about picking a season or a date. Selling during summer can be favorable, but it isn’t always the right choice for everyone.
It comes down to understanding what’s happening in the New River Valley market right now. In this post, we’ll break down the latest local data so you can make a clear, confident choice about when to sell.
New River Valley Real Estate Market Watch
As of July 2025, the average price per square foot for a home in Montgomery County, VA, was $203. However, NRV real estate trends are always changing. Contact The Louise Baker Team for help buying New River Valley homes.
Key NRV Market Insights Before You List Your Home
How Quickly Are Homes Selling?
Median Days on Market (DOM) shows how long, on average, it takes for a home to go from listing to contract. Lower DOM usually means stronger buyer demand.
In mid-2025, the Blacksburg–Christiansburg–Radford area reported a median DOM of around 51–52 days. Some towns are seeing faster turnarounds. Parts of Blacksburg often see homes go under contract in as little as two weeks.
A low DOM or quick pending time signals strong buyer interest. Expect a more predictable sales timeline and less uncertainty.
How Much Competition Will You Face?
Inventory counts the homes currently offered for sale. Low inventory means fewer competing listings for your home.
Blacksburg and Montgomery County showed relatively low active listings in mid-2025. Several housing trackers reported active listings in the tens to low hundreds, depending on exact boundaries. That level remains below larger metro norms.
Low inventory helps sellers. It is easier to market your home and make it stand out. You gain negotiating leverage and a higher chance of multiple offers.
What Are Buyers Willing to Pay Right Now?
Median sale prices in the NRV show modest growth or stability. Regional market data indicates single-digit year-over-year increases, with some towns posting stronger gains.
For example, Christiansburg’s median sale price jumped 17.5% year-over-year in June 2025. Many towns also show strong list-to-sale ratios, meaning buyers are paying close to the asking price.
Does It Make Sense to List Now?
Local data shows buyer demand and limited supply. Those conditions generally favor sellers. A well-priced home can move faster and attract competitive offers.
A faster sale reduces stress. It simplifies timing for moving, storage, and retirement plans. Use this window to capture strong pricing and a smooth transaction.
When Might Waiting Be the Better Option?
Personal readiness matters as much as market signals. Sellers who need more time to declutter, complete small repairs, or stage correctly can benefit by preparing first. Doing so can increase buyer interest and potentially raise your sale price.
If you want your sale to coincide with a specific event, like the start of a school year or retirement, it may make sense to wait. Even in a strong market, timing should work with your schedule.
The Best Timing Is a Blend of Market Data and Personal Goals
Market conditions in the NRV currently lean in favor of sellers, but the right time to list depends on more than statistics. Aligning favorable trends with your timeline and preparedness will give you the strongest outcome.
Are you weighing whether to list your home now or wait? The Louise Baker Team can help you review data, assess your property, and create a strategy that fits your timeline. Click here to contact us, and we’ll reach out promptly to discuss your options.
Want to keep up with the latest NRV housing trends? Visit our blog for more local insights and expert guidance.
