Call or Text (240) SELL-123
Lydell Heights

HENRICO, VA 23228

Real Estate Market Report  ·  Henrico County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
68
⇧ 47.8% vs 46 last year
Pending
28
41% pending ratio
Median Price
$337,900
⇩ 3.5% vs $349,992 last year
Average Price
$351,694
⇩ 3.6% vs $364,761 last year
Days on Market
50
⇧ 25% vs 40 days last year

Market Context

Population: 35,592  ·  Density: 1,237.9/mi²  ·  Median household income: $63,533

Typical home value: $248,668  ·  Homeownership: 51.9%

Market Analysis

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

The HENRICO, VA real estate market (23228) currently shows 68 active listings, with 28 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 40 days last year.

The median listing price has fallen 3.5% year-over-year, from $349,992 to $337,900.

Whether you are buying or selling in HENRICO, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for HENRICO, VA 23228 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 46 last year
  • Days on market: 50 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $337,900 (-3.5% YoY)
  • Average: $351,694 (-3.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.0 miles — 864 listings ($450,923,115 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23228Henrico, VA 232280.0 mi68$23,915,192$337,900$351,694
23227Richmond, VA 232272.8 mi58$24,231,298$381,490$417,781
23060Glen Allen, VA 230603.3 mi88$44,957,792$432,450$510,884
23222Richmond, VA 232225.0 mi97$33,280,215$349,950$343,095
23229Henrico, VA 232295.0 mi39$22,910,004$449,000$587,436
23219Richmond, VA 232196.6 mi10$3,833,210$350,000$383,321
23225Richmond, VA 232257.5 mi60$30,339,420$392,000$505,657
23223Richmond, VA 232237.8 mi148$57,362,728$359,000$387,586
23235Richmond, VA 232358.8 mi69$38,823,195$464,950$562,655
23116Mechanicsville, VA 231169.1 mi90$51,443,910$565,000$571,599
23075Henrico, VA 2307511.0 mi22$6,163,696$272,475$280,168
23113Midlothian, VA 2311312.0 mi52$46,424,508$775,215$892,779
23103Manakin Sabot, VA 2310313.0 mi63$67,237,947$809,950$1,067,269

Frequently Asked Questions

How many homes are for sale in HENRICO, VA 23228?

As of January 2026, there are 68 active listings in HENRICO, VA (zip code 23228), compared to 46 the prior year.

What is the median home price in HENRICO, VA 23228?

The median listing price in HENRICO, VA 23228 is $337,900 as of January 2026, a 3.5% decrease from $349,992 the prior year.

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

Homes in HENRICO, VA 23228 spend an average of 50 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in HENRICO, VA 23228?

Based on current inventory and days-on-market data as of January 2026, HENRICO, VA 23228 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HENRICO, VA 23228 save an estimated $6,758 compared to a typical 5% commission on the median listing price of $337,900. 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.