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Featured local agent — Bristol, VA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bristol, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bristol, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bristol, VA Housing Market & Real Estate

Leaning buyer's+12.6% YoY

Housing market overview · Updated monthly ·

$210,000median sale price

How is the Bristol, VA housing market right now?

The median home sale price in Bristol, VA is $210,000, up 12.6% year-over-year. Homes sell in an average of 70 days with 120 active listings. The market is currently a leaning buyer's. (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 Bristol a buyer's or seller's market?

Leaning buyer's4.6 months of supply70 avg. days on market

Bristol, VA is currently a leaning buyer's, based on 4.6 months of supply and homes selling in about 70 days. How we determine this →

Homes sold

26

Last 12 weeks

Days on market

70

Average pace

Active listings

120

4.6 months supply

Sale-to-list

97.5%

Below asking

What does the Bristol housing market data show?

Current housing market statistics for Bristol, VA
MetricValue
Median sale price$210,000
Median list price$235,000
Year-over-year price change+12.6%
Average days on market70 days
Active inventory120 listings
Months of supply4.6 months
Sale-to-list price ratio97.5%
Median price per sq ft$149/sq ft
Homes sold (latest month)26
New listings (latest month)37
Listings with a price cut35.0%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Bristol by property type?

How the Bristol, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Bristol, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$210,000$149/sq ft2455 days
Condo / Co-op$180,000$175/sq ft1113 days
Townhouse$220,000$146/sq ft170 days

Source: Redfin · Updated monthly

The Bristol housing market is currently classified as a leaning buyer's with a median sale price of $210,000. Prices have risen 12.6% compared to last year, with homes spending an average of 70 days on market, indicating 4.6 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 4.6x provides context for how home values compare to local earning capacity.

Homes for sale in Bristol

There are currently 120 homes listed for sale in Bristol, Virginia. The median listing price is $235K.

Active listings

120

Homes on market

Median list price

$235K

Avg. days on market

70

Days until sale

New this week

37

Newly listed

Price drops:35.0%of listings
Sale-to-list:97.5%

Who lives in Bristol?

Population

17,024

Median income

$44,706/yr

Median age

42.6 years

Owner-occupied

63.1%

College grads

23.9%

Avg commute

18.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Bristol?

Zillow home value

$207,432

Zillow rent index

$1,376/mo

Price-to-rent ratio

12.6x

Price-to-income

4.6x

Source: Zillow Research

What is it like to live in Bristol?

Bristol is a community of approximately 17K residents with a median age of 42.6 years.The median household income is $44,706, which represents a working-class community with solid middle-income opportunities. 23.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 63.1%, showing a blend of owner and renter-occupied properties. The average commute time is 18.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bristol offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Bristol?

12 schools tracked · 4,067 students

The largest public schools serving Bristol, 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.

John S. Battle High

Grades 9-12 · 648 students

Public

Virginia High

Grades 9-12 · 625 students

Public

High Point Elementary

Grades PK-5 · 568 students

Public

Virginia Middle

Grades 6-8 · 458 students

Public

Wallace Middle

Grades 6-8 · 427 students

Public

Joseph Van Pelt Elementary

Grades PK-5 · 425 students

Public

Valley Institute Elementary

Grades PK-5 · 270 students

Public

Stonewall Jackson Elementary

Grades PK-5 · 263 students

Public

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 Bristol, VA?

Want a head-to-head view? Compare Bristol side-by-side with any other U.S. city using our market-comparison tool.

Is Bristol a good real estate investment market?

For investors evaluating Bristol, the price-to-rent ratio of 12.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 12.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bristol's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bristol's median home price.

Frequently asked questions

What is the average home price in Bristol?

The median home sale price in Bristol is $210,000, up 12.6% from last year.

How long do homes stay on market in Bristol?

Homes typically spend 70 days on market before going under contract.

What is the median income in Bristol?

The median household income is $44,706 per year.

Is Bristol a buyer's or seller's market?

With 4.6 months of supply, Bristol is currently a leaning buyer's.

What is the Zillow home value estimate for Bristol?

The Zillow Home Value Index (ZHVI) for Bristol is $207,432, representing the typical home value in the area.

What is the median condo price in Bristol?

The median condo/co-op sale price in Bristol, VA is $180,000, compared to $210,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Bristol?

The median single-family home price in Bristol, VA is $210,000 (about $149 per square foot).

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