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HENRICO, VA 23233

Real Estate Market Report  ·  Henrico County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HENRICO, VA real estate market (23233) currently shows 126 active listings, with 68 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 25 days on market compared to 32 days last year.

The median listing price has fallen 5.2% year-over-year, from $574,950 to $545,040.

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.

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Market Context

Market Context

Population: 31,164  ·  Density: 933.6/mi²  ·  Median household income: $116,469

Typical home value: $418,853  ·  Homeownership: 63.5%

Market Overview

Active Listings
126
⇧ 6.8% vs 118 last year
Pending
68
54% pending ratio
Median Price
$545,040
⇩ 5.2% vs $574,950 last year
Average Price
$646,459
⇧ 6.5% vs $606,719 last year
Days on Market
25
⇩ 21.9% vs 32 days last year

Price Per Square Foot

Median $/sqft
$256
⇧ 2% vs $251/sqft last year
Median Home Size
2,254 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 126 this year vs 118 last year
  • Days on market: 25 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $545,040 (-5.2% YoY)
  • Average: $646,459 (+6.5% 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 12.3 miles — 625 listings ($419,134,979 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23233Henrico, VA 232330.0 mi98$63,428,050$545,183$647,225
23294Henrico, VA 232944.8 mi24$9,682,008$402,138$403,417
23060Glen Allen, VA 230605.2 mi78$42,343,782$473,688$542,869
23103Manakin Sabot, VA 231035.4 mi66$70,799,124$779,950$1,072,714
23226Richmond, VA 232267.5 mi32$31,809,216$669,950$994,038
23113Midlothian, VA 231137.8 mi67$50,503,327$658,020$753,781
23129Oilville, VA 231299.4 mi1$725,000$725,000$725,000
23039Crozier, VA 230399.7 mi1$439,990$439,990$439,990
23227Richmond, VA 2322710.4 mi54$22,161,006$377,245$410,389
23005Ashland, VA 2300511.3 mi79$40,478,810$370,000$512,390
23220Richmond, VA 2322011.3 mi71$37,718,821$432,250$531,251
23102Maidens, VA 2310212.1 mi15$16,011,870$1,061,250$1,067,458
23192Montpelier, VA 2319212.3 mi39$33,033,975$876,000$847,025

Frequently Asked Questions

How many homes are for sale in HENRICO, VA 23233?

As of March 2026, there are 126 active listings in HENRICO, VA (zip code 23233), compared to 118 the prior year.

What is the median home price in HENRICO, VA 23233?

The median listing price in HENRICO, VA 23233 is $545,040 as of March 2026, a 5.2% decrease from $574,950 the prior year.

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

Homes in HENRICO, VA 23233 spend an average of 25 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in HENRICO, VA 23233?

Based on current inventory and days-on-market data as of March 2026, HENRICO, VA 23233 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 25 days on market compared to 32 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 23233 save an estimated $10,901 compared to a typical 5% commission on the median listing price of $545,040. 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.