Data as of February 2026. Source: Realtor.com.
The Richmond, VA real estate market currently shows 990 active listings, with 526 pending sales. Homes are averaging 46.6 days on the market before going under contract.
Inventory has increased compared to last year, with 62 more homes available — giving buyers more choice.
Homes are selling faster, averaging 46.6 days on market compared to 48.6 days last year.
The median listing price has fallen 5.6% year-over-year, from $415,439 to $392,329.
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.
Population: 402,649 · Density: 1,211.2/mi² · Median household income: $66,180
Typical home value: $274,391 · Homeownership: 53%
Richmond: 23173, 23218, 23219, 23220, 23221, 23222, 23223, 23224, 23225, 23226, 23227, 23230