Call or Text (240) SELL-123
Lake Crystal Farms

RICHMOND, VA 23236

Real Estate Market Report  ·  Chesterfield County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The RICHMOND, VA real estate market (23236) currently shows 80 active listings, with 45 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 36 days last year.

The median listing price has fallen 1.1% year-over-year, from $464,995 to $459,968.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for RICHMOND, VA 23236 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 25,768  ·  Density: 684.5/mi²  ·  Median household income: $97,195

Typical home value: $280,606  ·  Homeownership: 87.9%

Market Overview

Active Listings
80
⇧ 8.1% vs 74 last year
Pending
45
56% pending ratio
Median Price
$459,968
⇩ 1.1% vs $464,995 last year
Average Price
$494,682
⇧ 6.1% vs $466,128 last year
Days on Market
42
⇧ 16.7% vs 36 days last year

Price Per Square Foot

Median $/sqft
$236
⇧ 0.9% vs $234/sqft last year
Median Home Size
1,866 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 74 last year
  • Days on market: 42 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $459,968 (-1.1% YoY)
  • Average: $494,682 (+6.1% 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 12.5 miles — 932 listings ($475,609,405 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23236Richmond, VA 232360.0 mi71$35,420,338$452,448$498,878
23114Midlothian, VA 231144.1 mi104$47,842,496$450,916$460,024
23225Richmond, VA 232255.2 mi66$33,745,074$347,925$511,289
23234Richmond, VA 232346.7 mi124$42,162,976$321,225$340,024
23113Midlothian, VA 231136.9 mi67$50,503,327$658,020$753,781
23229Henrico, VA 232297.9 mi44$25,974,080$441,925$590,320
23220Richmond, VA 232208.6 mi71$37,718,821$432,250$531,251
23238Henrico, VA 232388.9 mi50$45,899,350$601,213$917,987
23219Richmond, VA 232199.5 mi12$6,402,732$389,000$533,561
23838Chesterfield, VA 2383811.1 mi69$47,495,598$692,906$688,342
23831Chester, VA 2383111.7 mi103$46,260,081$412,463$449,127
23222Richmond, VA 2322211.8 mi97$34,023,526$354,923$350,758
23227Richmond, VA 2322712.5 mi54$22,161,006$377,245$410,389

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23236?

As of March 2026, there are 80 active listings in RICHMOND, VA (zip code 23236), compared to 74 the prior year.

What is the median home price in RICHMOND, VA 23236?

The median listing price in RICHMOND, VA 23236 is $459,968 as of March 2026, a 1.1% decrease from $464,995 the prior year.

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

Homes in RICHMOND, VA 23236 spend an average of 42 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 23236?

Based on current inventory and days-on-market data as of March 2026, RICHMOND, VA 23236 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 36 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 23236 save an estimated $9,199 compared to a typical 5% commission on the median listing price of $459,968. 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.