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HENRICO, NC 27842

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

Market Analysis

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

The HENRICO, NC real estate market (27842) currently shows 21 active listings, with 4 pending sales. Homes are averaging 61 days on the market before going under contract.

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

Homes are selling faster, averaging 61 days on market compared to 66 days last year.

The median listing price has fallen 3.1% year-over-year, from $599,900 to $581,260.

Whether you are buying or selling in HENRICO, NC, 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: 1,503  ·  Density: 55.1/mi²  ·  Median household income: $79,896

Typical home value: $398,828  ·  Homeownership: 91.8%

Market Overview

Active Listings
21
⇧ 23.5% vs 17 last year
Pending
4
19% pending ratio
Median Price
$581,260
⇩ 3.1% vs $599,900 last year
Average Price
$780,139
⇧ 2.7% vs $759,450 last year
Days on Market
61
⇩ 7.6% vs 66 days last year

Price Per Square Foot

Median $/sqft
$344
⇩ 6.8% vs $369/sqft last year
Median Home Size
1,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 17 last year
  • Days on market: 61 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $581,260 (-3.1% YoY)
  • Average: $780,139 (+2.7% 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 25.2 miles — 180 listings ($62,599,010 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27842Henrico, NC 278420.0 mi17$13,323,750$399,250$783,750
23857Gasburg, VA 238574.4 mi1$334,900$334,900$334,900
23845Ebony, VA 238458.3 mi5$6,278,750$947,200$1,255,750
27870Roanoke Rapids, NC 2787010.0 mi72$14,728,464$185,175$204,562
23868Lawrenceville, VA 2386813.1 mi14$3,614,870$260,000$258,205
23950La Crosse, VA 2395015.4 mi7$3,930,850$374,900$561,550
27890Weldon, NC 2789016.5 mi4$534,900$95,000$133,725
27866Pleasant Hill, NC 2786618.9 mi2$206,500$103,250$103,250
23856Freeman, VA 2385620.0 mi4$1,040,332$261,750$260,083
27563Norlina, NC 2756322.0 mi10$4,332,830$284,900$433,283
27823Enfield, NC 2782323.3 mi12$2,412,180$229,000$201,015
23970South Hill, VA 2397023.9 mi28$10,326,316$312,400$368,797
27553Manson, NC 2755325.2 mi4$1,534,368$383,592$383,592

Frequently Asked Questions

How many homes are for sale in HENRICO, NC 27842?

As of March 2026, there are 21 active listings in HENRICO, NC (zip code 27842), compared to 17 the prior year.

What is the median home price in HENRICO, NC 27842?

The median listing price in HENRICO, NC 27842 is $581,260 as of March 2026, a 3.1% decrease from $599,900 the prior year.

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

Homes in HENRICO, NC 27842 spend an average of 61 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in HENRICO, NC 27842?

Based on current inventory and days-on-market data as of March 2026, HENRICO, NC 27842 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 66 days last year.

How much can I save on real estate commission in HENRICO, NC?

With SELL123.com's maximum 3% commission, sellers in HENRICO, NC 27842 save an estimated $11,625 compared to a typical 5% commission on the median listing price of $581,260. 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.