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RICHMOND, VA 23225

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23225

Cherokee Hills · Chippenham Village · Fairway Acres · Forest Hill Farms · Forest Hill Park · Huguenot · Midlothian · Old South · Pinehurts · Southhampton Hills · Springhill · Warwick Acres · Westlake Hills · Westover Gardens · Willow Oaks · Woodland Heights · Worthington Farms

Market Analysis

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

The RICHMOND, VA real estate market (23225) currently shows 93 active listings, with 38 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 38 days last year.

The median listing price has fallen 2.1% year-over-year, from $395,749 to $387,250.

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Market Context

Market Context

Population: 42,249  ·  Density: 1,169.4/mi²  ·  Median household income: $61,021

Typical home value: $281,941  ·  Homeownership: 49.0%

Market Overview

Active Listings
93
⇩ 17.7% vs 113 last year
Pending
38
41% pending ratio
Median Price
$387,250
⇩ 2.1% vs $395,749 last year
Average Price
$430,826
⇩ 15.4% vs $509,032 last year
Days on Market
28
⇩ 26.3% vs 38 days last year

Price Per Square Foot

Median $/sqft
$240
⇩ 1.6% vs $244/sqft last year
Median Home Size
1,561 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 113 last year
  • Days on market: 28 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $387,250 (-2.1% YoY)
  • Average: $430,826 (-15.4% 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 10.9 miles — 1,172 listings ($548,368,847 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23225Richmond, VA 232250.0 mi66$33,745,074$347,925$511,289
23224Richmond, VA 232242.8 mi93$30,323,580$298,113$326,060
23220Richmond, VA 232203.5 mi71$37,718,821$432,250$531,251
23219Richmond, VA 232194.4 mi12$6,402,732$389,000$533,561
23234Richmond, VA 232345.1 mi124$42,162,976$321,225$340,024
23229Henrico, VA 232295.8 mi44$25,974,080$441,925$590,320
23228Henrico, VA 232287.5 mi70$25,040,610$347,238$357,723
23223Richmond, VA 232237.6 mi159$62,969,406$354,500$396,034
23114Midlothian, VA 231148.6 mi104$47,842,496$450,916$460,024
23238Henrico, VA 232388.9 mi50$45,899,350$601,213$917,987
23832Chesterfield, VA 238329.8 mi161$77,538,244$449,975$481,604
23112Midlothian, VA 2311210.1 mi196$107,038,540$479,775$546,115
23075Henrico, VA 2307510.9 mi22$5,712,938$256,188$259,679

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23225?

As of September 2026, there are 93 active listings in RICHMOND, VA (zip code 23225), compared to 113 the prior year.

What is the median home price in RICHMOND, VA 23225?

The median listing price in RICHMOND, VA 23225 is $387,250 as of September 2026, a 2.1% decrease from $395,749 the prior year.

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

Homes in RICHMOND, VA 23225 spend an average of 28 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in RICHMOND, VA 23225?

Based on current inventory and days-on-market data as of September 2026, RICHMOND, VA 23225 is currently a Seller's Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 38 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 23225 save an estimated $7,745 compared to a typical 5% commission on the median listing price of $387,250. 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.