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City / Town Overview

Richmond, VA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Richmond, VA real estate market currently shows 1,280 active listings, with 495 pending sales. Homes are averaging 37.9 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 37.9 days on market compared to 44.6 days last year.

The median listing price has risen 1.1% year-over-year, from $399,508 to $404,038.

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Market Context

Market Context

Population: 402,649  ·  Density: 1,211.2/mi²  ·  Median household income: $66,180

Typical home value: $274,391  ·  Homeownership: 53%

Included Areas

Richmond: 23173, 23218, 23219, 23221, 23230, 23234, 23235, 23241, 23250, 23279, 23289, 23290

The Fan: 23220, 23260, 23261, 23269, 23295

Carver: 23232, 23276, 23284, 23286

Monroe Ward: 23274, 23291, 23292

Broad Rock: 23224, 23249

Shockoe Bottom: 23285, 23298

East Highland Park: 23222

Mayfair Place: 23223

Forest View: 23225

Club View: 23226

Three Fountains North: 23227

Lake Crystal Farms: 23236

Kingsland Acres: 23237

Gilpin Court: 23278

Area Map

Market Overview

Active Listings
1,280
— vs 1,280 last year
Pending
495
39% pending ratio
Median Price
$404,038
⇧ 1.1% vs $399,508 last year
Average Price
$458,938
⇩ 0.1% vs $459,343 last year
Days on Market
37.9
⇩ 15% vs 45 days last year

Price Per Square Foot

Median $/sqft
$242
⇩ 2.2% vs $247/sqft last year
Median Home Size
1,670 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %