Call or Text (240) SELL-123
City / Town Overview

Richmond, VA

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

Market Analysis

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

The Richmond, VA real estate market currently shows 1,355 active listings, with 696 pending sales. Homes are averaging 33.5 days on the market before going under contract.

Inventory has increased compared to last year, with 111 more homes available — giving buyers more choice.

Homes are selling faster, averaging 33.5 days on market compared to 39.4 days last year.

The median listing price has risen 1.6% year-over-year, from $419,895 to $426,481.

Whether you are buying or selling in Richmond, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Richmond, VA and connect with motivated buyers & sellers.
Contact SELL123.com →

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
1,355
⇧ 8.9% vs 1,244 last year
Pending
696
51% pending ratio
Median Price
$426,481
⇧ 1.6% vs $419,895 last year
Average Price
$508,430
⇧ 4.7% vs $485,715 last year
Days on Market
33.5
⇩ 15% vs 39 days last year

Price Per Square Foot

Median $/sqft
$252
⇧ 0.9% vs $250/sqft last year
Median Home Size
1,684 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 %