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GLEN ALLEN, VA 23059

Real Estate Market Report  ·  Hanover County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
103
⇩ 23.1% vs 134 last year
Pending
54
52% pending ratio
Median Price
$584,975
⇩ 5.3% vs $617,700 last year
Average Price
$635,754
⇩ 8.8% vs $697,434 last year
Days on Market
52
⇩ 17.5% vs 63 days last year

Market Context

Population: 41,009  ·  Density: 345.5/mi²  ·  Median household income: $147,578

Typical home value: $543,151  ·  Homeownership: 78.4%

Market Analysis

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

The GLEN ALLEN, VA real estate market (23059) currently shows 103 active listings, with 54 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 52 days on market compared to 63 days last year.

The median listing price has fallen 5.3% year-over-year, from $617,700 to $584,975.

Whether you are buying or selling in GLEN ALLEN, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 134 last year
  • Days on market: 52 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $584,975 (-5.3% YoY)
  • Average: $635,754 (-8.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.6 miles — 663 listings ($436,524,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23059Glen Allen, VA 230590.0 mi103$65,482,662$584,975$635,754
23294Henrico, VA 232945.3 mi25$10,190,400$399,995$407,616
23005Ashland, VA 230055.9 mi72$40,161,096$360,000$557,793
23146Rockville, VA 231468.0 mi10$9,241,420$887,450$924,142
23238Henrico, VA 232388.6 mi53$46,881,574$602,475$884,558
23226Richmond, VA 232269.1 mi28$27,126,736$882,500$968,812
23103Manakin Sabot, VA 231039.6 mi63$67,237,947$809,950$1,067,269
23047Doswell, VA 2304710.7 mi8$6,371,864$774,975$796,483
23222Richmond, VA 2322211.6 mi97$33,280,215$349,950$343,095
23220Richmond, VA 2322012.2 mi81$42,304,923$449,998$522,283
23113Midlothian, VA 2311313.0 mi52$46,424,508$775,215$892,779
23235Richmond, VA 2323513.2 mi69$38,823,195$464,950$562,655
23039Crozier, VA 2303913.6 mi2$2,998,000$1,499,000$1,499,000

Frequently Asked Questions

How many homes are for sale in GLEN ALLEN, VA 23059?

As of January 2026, there are 103 active listings in GLEN ALLEN, VA (zip code 23059), compared to 134 the prior year.

What is the median home price in GLEN ALLEN, VA 23059?

The median listing price in GLEN ALLEN, VA 23059 is $584,975 as of January 2026, a 5.3% decrease from $617,700 the prior year.

How long do homes stay on the market in GLEN ALLEN, VA?

Homes in GLEN ALLEN, VA 23059 spend an average of 52 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in GLEN ALLEN, VA 23059?

Based on current inventory and days-on-market data as of January 2026, GLEN ALLEN, VA 23059 is currently a Seller's Market. Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 63 days last year.

How much can I save on real estate commission in GLEN ALLEN, VA?

With SELL123.com's maximum 3% commission, sellers in GLEN ALLEN, VA 23059 save an estimated $11,700 compared to a typical 5% commission on the median listing price of $584,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.