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Ampthill Heights Broad Rock Brookbury Cedar Farms Chesterfield Court Dorchester Kragmont Shannon Terrace Walmsley Village

RICHMOND, VA 23234

Real Estate Market Report  ·  Chesterfield County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23234

Ampthill Heights · Broad Rock · Brookbury · Cedar Farms · Chesterfield Court · Dorchester · Kragmont · Shannon Terrace · Walmsley Village

Market Analysis

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

The RICHMOND, VA real estate market (23234) currently shows 130 active listings, with 86 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

The median listing price has fallen 10% year-over-year, from $355,748 to $320,000.

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: 45,139  ·  Density: 912.1/mi²  ·  Median household income: $60,669

Typical home value: $217,794  ·  Homeownership: 58.3%

Market Overview

Active Listings
130
⇧ 3.2% vs 126 last year
Pending
86
66% pending ratio
Median Price
$320,000
⇩ 10% vs $355,748 last year
Average Price
$349,458
⇧ 0.3% vs $348,533 last year
Days on Market
36
vs 36 days last year

Price Per Square Foot

Median $/sqft
$220
⇧ 4.3% vs $211/sqft last year
Median Home Size
1,488 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 130 this year vs 126 last year
  • Days on market: 36 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $320,000 (-10% YoY)
  • Average: $349,458 (+0.3% 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 — 1,039 listings ($444,013,823 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23234Richmond, VA 232340.0 mi124$42,162,976$321,225$340,024
23237Richmond, VA 232373.6 mi68$25,681,016$358,000$377,662
23219Richmond, VA 232196.3 mi12$6,402,732$389,000$533,561
23236Richmond, VA 232366.7 mi71$35,420,338$452,448$498,878
23221Richmond, VA 232217.0 mi31$21,759,644$657,750$701,924
23832Chesterfield, VA 238328.1 mi161$77,538,244$449,975$481,604
23223Richmond, VA 232238.6 mi159$62,969,406$354,500$396,034
23222Richmond, VA 232229.4 mi97$34,023,526$354,923$350,758
23836Chester, VA 2383610.2 mi45$23,388,345$510,000$519,741
23114Midlothian, VA 2311410.8 mi104$47,842,496$450,916$460,024
23229Henrico, VA 2322910.9 mi44$25,974,080$441,925$590,320
23834Colonial Heights, VA 2383411.9 mi71$23,347,924$324,950$328,844
23150Sandston, VA 2315012.3 mi52$17,503,096$324,600$336,598

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23234?

As of April 2026, there are 130 active listings in RICHMOND, VA (zip code 23234), compared to 126 the prior year.

What is the median home price in RICHMOND, VA 23234?

The median listing price in RICHMOND, VA 23234 is $320,000 as of April 2026, a 10% decrease from $355,748 the prior year.

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

Homes in RICHMOND, VA 23234 spend an average of 36 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in RICHMOND, VA 23234?

Based on current inventory and days-on-market data as of April 2026, RICHMOND, VA 23234 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23234 save an estimated $6,400 compared to a typical 5% commission on the median listing price of $320,000. 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.