Bellevue · Ginter Park · Hermitage Road · Laburnum Court (Laburnum Park and Court) · North
Data as of June 2026. Source: Realtor.com.
The RICHMOND, VA real estate market (23227) currently shows 69 active listings, with 45 pending sales. Homes are averaging 32 days on the market before going under contract.
Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 32 days on market compared to 53 days last year.
The median listing price has fallen 3% year-over-year, from $379,990 to $368,713.
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: 25,758 · Density: 866.5/mi² · Median household income: $63,114
Typical home value: $307,628 · Homeownership: 52.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23227 | Richmond, VA 23227 | 0.0 mi | 54 | $22,161,006 | $377,245 | $410,389 |
| 23228 | Henrico, VA 23228 | 2.8 mi | 70 | $25,040,610 | $347,238 | $357,723 |
| 23220 | Richmond, VA 23220 | 4.6 mi | 71 | $37,718,821 | $432,250 | $531,251 |
| 23221 | Richmond, VA 23221 | 5.0 mi | 31 | $21,759,644 | $657,750 | $701,924 |
| 23223 | Richmond, VA 23223 | 5.3 mi | 159 | $62,969,406 | $354,500 | $396,034 |
| 23060 | Glen Allen, VA 23060 | 5.9 mi | 78 | $42,343,782 | $473,688 | $542,869 |
| 23229 | Henrico, VA 23229 | 7.2 mi | 44 | $25,974,080 | $441,925 | $590,320 |
| 23224 | Richmond, VA 23224 | 8.1 mi | 93 | $30,323,580 | $298,113 | $326,060 |
| 23059 | Glen Allen, VA 23059 | 9.1 mi | 111 | $68,160,882 | $575,312 | $614,062 |
| 23005 | Ashland, VA 23005 | 10.3 mi | 79 | $40,478,810 | $370,000 | $512,390 |
| 23111 | Mechanicsville, VA 23111 | 10.7 mi | 102 | $59,092,986 | $468,694 | $579,343 |
| 23234 | Richmond, VA 23234 | 11.3 mi | 124 | $42,162,976 | $321,225 | $340,024 |
| 23236 | Richmond, VA 23236 | 12.5 mi | 71 | $35,420,338 | $452,448 | $498,878 |
As of June 2026, there are 69 active listings in RICHMOND, VA (zip code 23227), compared to 93 the prior year.
The median listing price in RICHMOND, VA 23227 is $368,713 as of June 2026, a 3% decrease from $379,990 the prior year.
Homes in RICHMOND, VA 23227 spend an average of 32 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of June 2026, RICHMOND, VA 23227 is currently a Seller's Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 32 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23227 save an estimated $7,374 compared to a typical 5% commission on the median listing price of $368,713. 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.