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PROVIDENCE FORGE, VA 23140

Real Estate Market Report  ·  New Kent County
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The PROVIDENCE FORGE, VA real estate market (23140) currently shows 75 active listings, with 21 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 45 days last year.

The median listing price has fallen 1.8% year-over-year, from $634,113 to $622,475.

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Market Context

Market Context

Population: 6,606  ·  Density: 35.3/mi²  ·  Median household income: $98,900

Typical home value: $315,550  ·  Homeownership: 93.2%

Market Overview

Active Listings
75
⇧ 53.1% vs 49 last year
Pending
21
28% pending ratio
Median Price
$622,475
⇩ 1.8% vs $634,113 last year
Average Price
$597,590
⇩ 5.7% vs $634,016 last year
Days on Market
55
⇧ 22.2% vs 45 days last year

Price Per Square Foot

Median $/sqft
$199
⇩ 2.5% vs $204/sqft last year
Median Home Size
2,984 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 49 last year
  • Days on market: 55 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $622,475 (-1.8% YoY)
  • Average: $597,590 (-5.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 526 listings ($251,270,607 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23140Providence Forge, VA 231400.0 mi54$35,788,176$687,438$662,744
23089Lanexa, VA 230897.9 mi18$12,030,498$656,925$668,361
23141Quinton, VA 231418.7 mi77$47,735,842$649,990$619,946
23168Toano, VA 2316812.3 mi37$25,598,376$588,709$691,848
23181West Point, VA 2318114.1 mi24$10,141,032$380,950$422,543
23231Henrico, VA 2323114.9 mi111$42,645,423$378,700$384,193
23086King William, VA 2308615.5 mi11$3,719,353$346,713$338,123
23075Henrico, VA 2307516.5 mi22$5,712,938$256,188$259,679
23881Spring Grove, VA 2388117.4 mi4$2,108,912$463,475$527,228
23110Mattaponi, VA 2311018.4 mi3$570,951$191,450$190,317
23156Shacklefords, VA 2315619.4 mi3$899,700$299,900$299,900
23223Richmond, VA 2322319.9 mi159$62,969,406$354,500$396,034
23161Stevensville, VA 2316120.6 mi3$1,350,000$450,000$450,000

Frequently Asked Questions

How many homes are for sale in PROVIDENCE FORGE, VA 23140?

As of September 2026, there are 75 active listings in PROVIDENCE FORGE, VA (zip code 23140), compared to 49 the prior year.

What is the median home price in PROVIDENCE FORGE, VA 23140?

The median listing price in PROVIDENCE FORGE, VA 23140 is $622,475 as of September 2026, a 1.8% decrease from $634,113 the prior year.

How long do homes stay on the market in PROVIDENCE FORGE, VA?

Homes in PROVIDENCE FORGE, VA 23140 spend an average of 55 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in PROVIDENCE FORGE, VA 23140?

Based on current inventory and days-on-market data as of September 2026, PROVIDENCE FORGE, VA 23140 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 45 days last year.

How much can I save on real estate commission in PROVIDENCE FORGE, VA?

With SELL123.com's maximum 3% commission, sellers in PROVIDENCE FORGE, VA 23140 save an estimated $12,450 compared to a typical 5% commission on the median listing price of $622,475. 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.