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Huguenot Hills

HENRICO, VA 23238

Real Estate Market Report  ·  Goochland County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HENRICO, VA real estate market (23238) currently shows 60 active listings, with 35 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33 days on market compared to 35 days last year.

The median listing price has fallen 6% year-over-year, from $627,450 to $589,500.

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: 26,521  ·  Density: 483.3/mi²  ·  Median household income: $91,174

Typical home value: $365,085  ·  Homeownership: 60.5%

Market Overview

Active Listings
60
⇩ 27.7% vs 83 last year
Pending
35
58% pending ratio
Median Price
$589,500
⇩ 6% vs $627,450 last year
Average Price
$843,587
⇧ 25.1% vs $674,223 last year
Days on Market
33
⇩ 5.7% vs 35 days last year

Price Per Square Foot

Median $/sqft
$263
⇧ 12.9% vs $233/sqft last year
Median Home Size
2,315 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 83 last year
  • Days on market: 33 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $589,500 (-6% YoY)
  • Average: $843,587 (+25.1% 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 12.2 miles — 764 listings ($409,647,054 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23238Henrico, VA 232380.0 mi50$45,899,350$601,213$917,987
23229Henrico, VA 232294.0 mi44$25,974,080$441,925$590,320
23294Henrico, VA 232945.9 mi24$9,682,008$402,138$403,417
23226Richmond, VA 232266.8 mi32$31,809,216$669,950$994,038
23060Glen Allen, VA 230607.3 mi78$42,343,782$473,688$542,869
23230Richmond, VA 232308.2 mi30$17,622,540$528,725$587,418
23059Glen Allen, VA 230598.6 mi111$68,160,882$575,312$614,062
23236Richmond, VA 232368.9 mi71$35,420,338$452,448$498,878
23146Rockville, VA 231469.8 mi9$8,507,925$907,450$945,325
23220Richmond, VA 2322010.4 mi71$37,718,821$432,250$531,251
23227Richmond, VA 2322711.0 mi54$22,161,006$377,245$410,389
23224Richmond, VA 2322411.8 mi93$30,323,580$298,113$326,060
23222Richmond, VA 2322212.2 mi97$34,023,526$354,923$350,758

Frequently Asked Questions

How many homes are for sale in HENRICO, VA 23238?

As of March 2026, there are 60 active listings in HENRICO, VA (zip code 23238), compared to 83 the prior year.

What is the median home price in HENRICO, VA 23238?

The median listing price in HENRICO, VA 23238 is $589,500 as of March 2026, a 6% decrease from $627,450 the prior year.

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

Homes in HENRICO, VA 23238 spend an average of 33 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in HENRICO, VA 23238?

Based on current inventory and days-on-market data as of March 2026, HENRICO, VA 23238 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 35 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 23238 save an estimated $11,790 compared to a typical 5% commission on the median listing price of $589,500. 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.