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RICHMOND, VA 23225

Real Estate Market Report
Balanced Market
July 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 July 2026. Source: Realtor.com.

The RICHMOND, VA real estate market (23225) currently shows 94 active listings, with 47 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 38 days on market compared to 35 days last year.

The median listing price has fallen 4.1% year-over-year, from $386,950 to $370,988.

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

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

Market Overview

Active Listings
94
⇩ 6.9% vs 101 last year
Pending
47
50% pending ratio
Median Price
$370,988
⇩ 4.1% vs $386,950 last year
Average Price
$473,406
⇩ 4.1% vs $493,727 last year
Days on Market
38
⇧ 8.6% vs 35 days last year

Price Per Square Foot

Median $/sqft
$248
⇧ 2.9% vs $241/sqft last year
Median Home Size
1,614 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 94 this year vs 101 last year
  • Days on market: 38 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $370,988 (-4.1% YoY)
  • Average: $473,406 (-4.1% 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
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 July 2026, there are 94 active listings in RICHMOND, VA (zip code 23225), compared to 101 the prior year.

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

The median listing price in RICHMOND, VA 23225 is $370,988 as of July 2026, a 4.1% decrease from $386,950 the prior year.

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

Homes in RICHMOND, VA 23225 spend an average of 38 days on the market before going under contract, compared to 35 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 July 2026, RICHMOND, VA 23225 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 35 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 $7,420 compared to a typical 5% commission on the median listing price of $370,988. 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.