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Featured local agent — Bassett, VA
Sarah Mitchell
Compass Real Estate · Bassett, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bassett, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$97,500median sale price
How is the Bassett, VA housing market right now?
The median home sale price in Bassett, VA is $97,500, up 13.8% year-over-year. Homes sell in an average of 35 days with 5 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bassett a buyer's or seller's market?
Bassett, VA is currently a balanced market, based on 2.5 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
35
Average pace
Active listings
5
2.5 months supply
Sale-to-list
83.0%
Below asking
What does the Bassett housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $97,500 |
| Median list price | $249,900 |
| Year-over-year price change | +13.8% |
| Average days on market | 35 days |
| Active inventory | 5 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 83.0% |
| Median price per sq ft | $59/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 60.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Bassett by property type?
How the Bassett, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $97,500 | $59/sq ft | 2 | 35 days |
Source: Redfin · Updated monthly
The Bassett housing market is currently classified as a balanced market with a median sale price of $97,500. Prices have risen 13.8% compared to last year, with homes spending an average of 35 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Bassett
There are currently 5 homes listed for sale in Bassett, Virginia. The median listing price is $250K.
Active listings
5
Homes on market
Median list price
$250K
Avg. days on market
35
Days until sale
New this week
1
Newly listed
Who lives in Bassett?
Population
1,020
Median income
$41,992/yr
Median age
36.8 years
Owner-occupied
73.4%
College grads
21.0%
Avg commute
24.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Bassett?
Zillow home value
$129,920
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Bassett?
Bassett is a community of approximately 1K residents with a median age of 36.8 years.The median household income is $41,992, which represents a working-class community with solid middle-income opportunities. 21.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 73.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bassett offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Bassett?
3 schools tracked · 1,653 students
The largest public schools serving Bassett, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Bassett High
Grades 9-12 · 1,140 students
Campbell Court Elementary
Grades PK-5 · 265 students
Sanville Elementary
Grades PK-5 · 248 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bassett, VA?
Want a head-to-head view? Compare Bassett side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Bassett?
The median home sale price in Bassett is $97,500, up 13.8% from last year.
How long do homes stay on market in Bassett?
Homes typically spend 35 days on market before going under contract.
What is the median income in Bassett?
The median household income is $41,992 per year.
Is Bassett a buyer's or seller's market?
With 2.5 months of supply, Bassett is currently a balanced market.
What is the Zillow home value estimate for Bassett?
The Zillow Home Value Index (ZHVI) for Bassett is $129,920, representing the typical home value in the area.
How much does a single-family home cost in Bassett?
The median single-family home price in Bassett, VA is $97,500 (about $59 per square foot).
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