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Featured local agent — New River, VA
Sarah Mitchell
Compass Real Estate · New River, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New River, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$110,000median sale price
How is the New River, VA housing market right now?
The median home sale price in New River, VA is $110,000, down 53.2% year-over-year. Homes sell in an average of 53 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New River a buyer's or seller's market?
New River, VA is currently a buyer's market and homes selling in about 53 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
53
Average pace
Active listings
—
Sale-to-list
91.7%
Below asking
What does the New River housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $110,000 |
| Year-over-year price change | -53.2% |
| Average days on market | 53 days |
| Sale-to-list price ratio | 91.7% |
| Median price per sq ft | $80/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in New River by property type?
How the New River, 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 | $110,000 | $80/sq ft | 2 | 53 days |
Source: Redfin · Updated monthly
The New River housing market is currently classified as a buyer's market with a median sale price of $110,000. Prices have fallen 53.2% compared to last year, with homes spending an average of 53 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in New River
Explore homes currently listed for sale in New River, Virginia across major real estate platforms.
Who lives in New River?
Population
377
Median income
$39,196/yr
Median age
55.6 years
Owner-occupied
83.6%
College grads
62.6%
Source: U.S. Census Bureau ACS
What is it like to live in New River?
New River is a community of approximately 0K residents with a median age of 55.6 years.The median household income is $39,196, which represents a working-class community with solid middle-income opportunities. 62.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.6%, reflecting strong community stability and long-term resident commitment.Overall, New River offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New River, VA?
Want a head-to-head view? Compare New River side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New River?
The median home sale price in New River is $110,000, down 53.2% from last year.
How long do homes stay on market in New River?
Homes typically spend 53 days on market before going under contract.
What is the median income in New River?
The median household income is $39,196 per year.
How much does a single-family home cost in New River?
The median single-family home price in New River, VA is $110,000 (about $80 per square foot).
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