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Fernleigh Hobby Hill Farms Huguenot Twin Valley Farms

RICHMOND, VA 23235

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

Neighborhoods in ZIP 23235

Fernleigh · Hobby Hill Farms · Huguenot · Twin Valley Farms

Market Analysis

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

The RICHMOND, VA real estate market (23235) currently shows 74 active listings, with 46 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 48 days last year.

The median listing price has risen 2.7% year-over-year, from $462,000 to $474,375.

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: 32,673  ·  Density: 708.7/mi²  ·  Median household income: $88,767

Typical home value: $295,080  ·  Homeownership: 71.9%

Market Overview

Active Listings
74
⇧ 15.6% vs 64 last year
Pending
46
62% pending ratio
Median Price
$474,375
⇧ 2.7% vs $462,000 last year
Average Price
$594,969
⇧ 8.9% vs $546,521 last year
Days on Market
39
⇩ 18.8% vs 48 days last year

Price Per Square Foot

Median $/sqft
$244
⇧ 5.2% vs $232/sqft last year
Median Home Size
2,168 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 64 last year
  • Days on market: 39 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $474,375 (+2.7% YoY)
  • Average: $594,969 (+8.9% 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 13.0 miles — 1,157 listings ($669,655,798 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23235Richmond, VA 232350.0 mi82$44,485,164$453,738$542,502
23225Richmond, VA 232253.0 mi66$33,745,074$347,925$511,289
23226Richmond, VA 232265.1 mi32$31,809,216$669,950$994,038
23224Richmond, VA 232245.5 mi93$30,323,580$298,113$326,060
23220Richmond, VA 232206.2 mi71$37,718,821$432,250$531,251
23113Midlothian, VA 231136.6 mi67$50,503,327$658,020$753,781
23238Henrico, VA 232387.1 mi50$45,899,350$601,213$917,987
23112Midlothian, VA 231127.6 mi196$107,038,540$479,775$546,115
23832Chesterfield, VA 238328.4 mi161$77,538,244$449,975$481,604
23222Richmond, VA 232229.3 mi97$34,023,526$354,923$350,758
23233Henrico, VA 232339.7 mi98$63,428,050$545,183$647,225
23060Glen Allen, VA 2306010.3 mi78$42,343,782$473,688$542,869
23103Manakin Sabot, VA 2310313.0 mi66$70,799,124$779,950$1,072,714

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23235?

As of March 2026, there are 74 active listings in RICHMOND, VA (zip code 23235), compared to 64 the prior year.

What is the median home price in RICHMOND, VA 23235?

The median listing price in RICHMOND, VA 23235 is $474,375 as of March 2026, a 2.7% increase from $462,000 the prior year.

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

Homes in RICHMOND, VA 23235 spend an average of 39 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in RICHMOND, VA 23235?

Based on current inventory and days-on-market data as of March 2026, RICHMOND, VA 23235 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 48 days last year.

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

With SELL123.com's maximum 3% commission, sellers in RICHMOND, VA 23235 save an estimated $9,488 compared to a typical 5% commission on the median listing price of $474,375. 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.