Population: 33,667 · Density: 2,688.1/mi² · Median household income: $51,830
Typical home value: $426,585 · Homeownership: 33.1%
Data as of January 2026. Source: Realtor.com.
The RICHMOND, VA real estate market (23220) currently shows 81 active listings, with 33 pending sales. Homes are averaging 53 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 53 days on market compared to 43 days last year.
The median listing price has fallen 12.6% year-over-year, from $514,698 to $449,998.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23220 | Richmond, VA 23220 | 0.0 mi | 81 | $42,304,923 | $449,998 | $522,283 |
| 23221 | Richmond, VA 23221 | 1.7 mi | 28 | $19,480,020 | $625,000 | $695,715 |
| 23222 | Richmond, VA 23222 | 3.2 mi | 97 | $33,280,215 | $349,950 | $343,095 |
| 23224 | Richmond, VA 23224 | 3.5 mi | 97 | $31,913,582 | $299,725 | $329,006 |
| 23223 | Richmond, VA 23223 | 4.5 mi | 148 | $57,362,728 | $359,000 | $387,586 |
| 23228 | Henrico, VA 23228 | 5.6 mi | 68 | $23,915,192 | $337,900 | $351,694 |
| 23229 | Henrico, VA 23229 | 6.6 mi | 39 | $22,910,004 | $449,000 | $587,436 |
| 23294 | Henrico, VA 23294 | 7.2 mi | 25 | $10,190,400 | $399,995 | $407,616 |
| 23236 | Richmond, VA 23236 | 8.6 mi | 72 | $35,905,680 | $464,995 | $498,690 |
| 23237 | Richmond, VA 23237 | 10.2 mi | 60 | $23,676,720 | $349,950 | $394,612 |
| 23231 | Henrico, VA 23231 | 10.7 mi | 114 | $44,193,354 | $375,000 | $387,661 |
| 23233 | Henrico, VA 23233 | 11.3 mi | 93 | $61,728,750 | $567,530 | $663,750 |
| 23114 | Midlothian, VA 23114 | 11.9 mi | 103 | $45,728,910 | $446,112 | $443,970 |
As of January 2026, there are 81 active listings in RICHMOND, VA (zip code 23220), compared to 58 the prior year.
The median listing price in RICHMOND, VA 23220 is $449,998 as of January 2026, a 12.6% decrease from $514,698 the prior year.
Homes in RICHMOND, VA 23220 spend an average of 53 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RICHMOND, VA 23220 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 53 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23220 save an estimated $9,000 compared to a typical 5% commission on the median listing price of $449,998. 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.