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PROVIDENCE FORGE, VA 23140

Real Estate Market Report  ·  New Kent County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
45
⇩ 11.8% vs 51 last year
Pending
15
33% pending ratio
Median Price
$704,950
⇧ 11.9% vs $630,000 last year
Average Price
$659,831
⇧ 8.1% vs $610,224 last year
Days on Market
75
⇧ 56.3% vs 48 days last year

Market Context

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

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

Market Analysis

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

The PROVIDENCE FORGE, VA real estate market (23140) currently shows 45 active listings, with 15 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 75 days on market compared to 48 days last year.

The median listing price has risen 11.9% year-over-year, from $630,000 to $704,950.

Whether you are buying or selling in PROVIDENCE FORGE, 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: 45 this year vs 51 last year
  • Days on market: 75 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $704,950 (+11.9% YoY)
  • Average: $659,831 (+8.1% 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 20.6 miles — 492 listings ($228,424,094 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23140Providence Forge, VA 231400.0 mi45$29,692,395$704,950$659,831
23089Lanexa, VA 230897.9 mi18$11,388,024$638,000$632,668
23141Quinton, VA 231418.7 mi67$39,011,822$626,950$582,266
23168Toano, VA 2316812.3 mi34$22,994,336$480,000$676,304
23181West Point, VA 2318114.1 mi16$7,617,072$412,495$476,067
23231Henrico, VA 2323114.9 mi114$44,193,354$375,000$387,661
23086King William, VA 2308615.5 mi15$4,657,215$339,950$310,481
23075Henrico, VA 2307516.5 mi22$6,163,696$272,475$280,168
23881Spring Grove, VA 2388117.4 mi8$3,928,552$451,000$491,069
23110Mattaponi, VA 2311018.4 mi2$544,900$272,450$272,450
23156Shacklefords, VA 2315619.4 mi2$400,000$200,000$200,000
23223Richmond, VA 2322319.9 mi148$57,362,728$359,000$387,586
23161Stevensville, VA 2316120.6 mi1$470,000$470,000$470,000

Frequently Asked Questions

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

As of January 2026, there are 45 active listings in PROVIDENCE FORGE, VA (zip code 23140), compared to 51 the prior year.

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

The median listing price in PROVIDENCE FORGE, VA 23140 is $704,950 as of January 2026, a 11.9% increase from $630,000 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 75 days on the market before going under contract, compared to 48 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 January 2026, PROVIDENCE FORGE, VA 23140 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 75 days on market compared to 48 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 $14,099 compared to a typical 5% commission on the median listing price of $704,950. 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.