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Barton Heights Barton Heights Cemeteries Battery Park Brookland Park Chestnut Hill (Chestnut Plateau) Ginter Park North

RICHMOND, VA 23222

Real Estate Market Report  ·  Henrico County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23222

Barton Heights · Barton Heights Cemeteries · Battery Park · Brookland Park · Chestnut Hill (Chestnut Plateau) · Ginter Park · North

Market Analysis

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

The RICHMOND, VA real estate market (23222) currently shows 99 active listings, with 53 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 42 days on market compared to 34 days last year.

The median listing price has fallen 10.9% year-over-year, from $403,735 to $359,845.

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.

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Market Context

Market Context

Population: 28,314  ·  Density: 1,339.3/mi²  ·  Median household income: $54,756

Typical home value: $220,140  ·  Homeownership: 53.8%

Market Overview

Active Listings
99
vs 99 last year
Pending
53
54% pending ratio
Median Price
$359,845
⇩ 10.9% vs $403,735 last year
Average Price
$375,495
⇩ 9.7% vs $415,990 last year
Days on Market
42
⇧ 23.5% vs 34 days last year

Price Per Square Foot

Median $/sqft
$237
⇧ 2.6% vs $231/sqft last year
Median Home Size
1,617 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 42 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $359,845 (-10.9% YoY)
  • Average: $375,495 (-9.7% 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 12.2 miles — 1,049 listings ($515,701,944 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23222Richmond, VA 232220.0 mi97$34,023,526$354,923$350,758
23223Richmond, VA 232232.9 mi159$62,969,406$354,500$396,034
23220Richmond, VA 232203.2 mi71$37,718,821$432,250$531,251
23221Richmond, VA 232214.4 mi31$21,759,644$657,750$701,924
23226Richmond, VA 232265.5 mi32$31,809,216$669,950$994,038
23224Richmond, VA 232246.4 mi93$30,323,580$298,113$326,060
23294Henrico, VA 232947.5 mi24$9,682,008$402,138$403,417
23060Glen Allen, VA 230608.3 mi78$42,343,782$473,688$542,869
23235Richmond, VA 232359.3 mi82$44,485,164$453,738$542,502
23111Mechanicsville, VA 231119.6 mi102$59,092,986$468,694$579,343
23231Henrico, VA 2323111.1 mi111$42,645,423$378,700$384,193
23236Richmond, VA 2323611.8 mi71$35,420,338$452,448$498,878
23233Henrico, VA 2323312.2 mi98$63,428,050$545,183$647,225

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23222?

As of April 2026, there are 99 active listings in RICHMOND, VA (zip code 23222), compared to 99 the prior year.

What is the median home price in RICHMOND, VA 23222?

The median listing price in RICHMOND, VA 23222 is $359,845 as of April 2026, a 10.9% decrease from $403,735 the prior year.

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

Homes in RICHMOND, VA 23222 spend an average of 42 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in RICHMOND, VA 23222?

Based on current inventory and days-on-market data as of April 2026, RICHMOND, VA 23222 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 42 days on market compared to 34 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23222 save an estimated $7,197 compared to a typical 5% commission on the median listing price of $359,845. 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.