Belle Isle · Boulevard · Broad Street Commercial · Carver · Commonwealth Club · Downtown · East Franklin Street (Block 0-100 Franklin Street) · Fan · Fan Extension · Hollywood Cemetery · Jackson Ward · Monroe Park · Monroe Ward · Monument Avenue · Near West · North · Oregon Hill · Two Hundred Block West Franklin · West Broad Street · West Franklin Street · West Grace Street
Data as of March 2026. Source: Realtor.com.
The RICHMOND, VA real estate market (23220) currently shows 74 active listings, with 31 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 45 days on market compared to 31 days last year.
The median listing price has fallen 8% year-over-year, from $499,000 to $459,238.
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.
Population: 33,667 · Density: 2,688.1/mi² · Median household income: $51,830
Typical home value: $426,585 · Homeownership: 33.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23220 | Richmond, VA 23220 | 0.0 mi | 71 | $37,718,821 | $432,250 | $531,251 |
| 23221 | Richmond, VA 23221 | 1.7 mi | 31 | $21,759,644 | $657,750 | $701,924 |
| 23222 | Richmond, VA 23222 | 3.2 mi | 97 | $34,023,526 | $354,923 | $350,758 |
| 23224 | Richmond, VA 23224 | 3.5 mi | 93 | $30,323,580 | $298,113 | $326,060 |
| 23223 | Richmond, VA 23223 | 4.5 mi | 159 | $62,969,406 | $354,500 | $396,034 |
| 23228 | Henrico, VA 23228 | 5.6 mi | 70 | $25,040,610 | $347,238 | $357,723 |
| 23229 | Henrico, VA 23229 | 6.6 mi | 44 | $25,974,080 | $441,925 | $590,320 |
| 23294 | Henrico, VA 23294 | 7.2 mi | 24 | $9,682,008 | $402,138 | $403,417 |
| 23236 | Richmond, VA 23236 | 8.6 mi | 71 | $35,420,338 | $452,448 | $498,878 |
| 23237 | Richmond, VA 23237 | 10.2 mi | 68 | $25,681,016 | $358,000 | $377,662 |
| 23231 | Henrico, VA 23231 | 10.7 mi | 111 | $42,645,423 | $378,700 | $384,193 |
| 23233 | Henrico, VA 23233 | 11.3 mi | 98 | $63,428,050 | $545,183 | $647,225 |
| 23114 | Midlothian, VA 23114 | 11.9 mi | 104 | $47,842,496 | $450,916 | $460,024 |
As of March 2026, there are 74 active listings in RICHMOND, VA (zip code 23220), compared to 85 the prior year.
The median listing price in RICHMOND, VA 23220 is $459,238 as of March 2026, a 8% decrease from $499,000 the prior year.
Homes in RICHMOND, VA 23220 spend an average of 45 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of March 2026, RICHMOND, VA 23220 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 45 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23220 save an estimated $9,185 compared to a typical 5% commission on the median listing price of $459,238. 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.