Population: 25,758 · Density: 866.5/mi² · Median household income: $63,114
Typical home value: $307,628 · Homeownership: 52.6%
Data as of January 2026. Source: Realtor.com.
The RICHMOND, VA real estate market (23227) currently shows 58 active listings, with 26 pending sales. Homes are averaging 71 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 71 days on market compared to 55 days last year.
The median listing price has fallen 0.3% year-over-year, from $382,490 to $381,490.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23227 | Richmond, VA 23227 | 0.0 mi | 58 | $24,231,298 | $381,490 | $417,781 |
| 23228 | Henrico, VA 23228 | 2.8 mi | 68 | $23,915,192 | $337,900 | $351,694 |
| 23220 | Richmond, VA 23220 | 4.6 mi | 81 | $42,304,923 | $449,998 | $522,283 |
| 23221 | Richmond, VA 23221 | 5.0 mi | 28 | $19,480,020 | $625,000 | $695,715 |
| 23223 | Richmond, VA 23223 | 5.3 mi | 148 | $57,362,728 | $359,000 | $387,586 |
| 23060 | Glen Allen, VA 23060 | 5.9 mi | 88 | $44,957,792 | $432,450 | $510,884 |
| 23229 | Henrico, VA 23229 | 7.2 mi | 39 | $22,910,004 | $449,000 | $587,436 |
| 23224 | Richmond, VA 23224 | 8.1 mi | 97 | $31,913,582 | $299,725 | $329,006 |
| 23059 | Glen Allen, VA 23059 | 9.1 mi | 103 | $65,482,662 | $584,975 | $635,754 |
| 23005 | Ashland, VA 23005 | 10.3 mi | 72 | $40,161,096 | $360,000 | $557,793 |
| 23111 | Mechanicsville, VA 23111 | 10.7 mi | 100 | $62,146,000 | $513,916 | $621,460 |
| 23234 | Richmond, VA 23234 | 11.3 mi | 126 | $42,379,344 | $310,000 | $336,344 |
| 23236 | Richmond, VA 23236 | 12.5 mi | 72 | $35,905,680 | $464,995 | $498,690 |
As of January 2026, there are 58 active listings in RICHMOND, VA (zip code 23227), compared to 44 the prior year.
The median listing price in RICHMOND, VA 23227 is $381,490 as of January 2026, a 0.3% decrease from $382,490 the prior year.
Homes in RICHMOND, VA 23227 spend an average of 71 days on the market before going under contract, compared to 55 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RICHMOND, VA 23227 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 71 days on market compared to 55 days last year.
With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23227 save an estimated $7,630 compared to a typical 5% commission on the median listing price of $381,490. 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.