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PROVIDENCE FORGE, VA 23140

Real Estate Market Report  ·  New Kent County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The PROVIDENCE FORGE, VA real estate market (23140) currently shows 54 active listings, with 17 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 60 days on market compared to 43 days last year.

The median listing price has risen 12.7% year-over-year, from $609,975 to $687,438.

Whether you are buying or selling in PROVIDENCE FORGE, 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: 6,606  ·  Density: 35.3/mi²  ·  Median household income: $98,900

Typical home value: $315,550  ·  Homeownership: 93.2%

Market Overview

Active Listings
54
⇩ 3.6% vs 56 last year
Pending
17
31% pending ratio
Median Price
$687,438
⇧ 12.7% vs $609,975 last year
Average Price
$662,744
⇧ 11.5% vs $594,429 last year
Days on Market
60
⇧ 39.5% vs 43 days last year

Price Per Square Foot

Median $/sqft
$208
⇧ 3% vs $202/sqft last year
Median Home Size
3,031 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 54 this year vs 56 last year
  • Days on market: 60 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $687,438 (+12.7% YoY)
  • Average: $662,744 (+11.5% 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 20.6 miles — 492 listings ($228,424,094 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23140Providence Forge, VA 231400.0 mi45$29,692,395$704,950$659,831
23089Lanexa, VA 230897.9 mi18$11,388,024$638,000$632,668
23141Quinton, VA 231418.7 mi67$39,011,822$626,950$582,266
23168Toano, VA 2316812.3 mi34$22,994,336$480,000$676,304
23181West Point, VA 2318114.1 mi16$7,617,072$412,495$476,067
23231Henrico, VA 2323114.9 mi114$44,193,354$375,000$387,661
23086King William, VA 2308615.5 mi15$4,657,215$339,950$310,481
23075Henrico, VA 2307516.5 mi22$6,163,696$272,475$280,168
23881Spring Grove, VA 2388117.4 mi8$3,928,552$451,000$491,069
23110Mattaponi, VA 2311018.4 mi2$544,900$272,450$272,450
23156Shacklefords, VA 2315619.4 mi2$400,000$200,000$200,000
23223Richmond, VA 2322319.9 mi148$57,362,728$359,000$387,586
23161Stevensville, VA 2316120.6 mi1$470,000$470,000$470,000

Frequently Asked Questions

How many homes are for sale in PROVIDENCE FORGE, VA 23140?

As of February 2026, there are 54 active listings in PROVIDENCE FORGE, VA (zip code 23140), compared to 56 the prior year.

What is the median home price in PROVIDENCE FORGE, VA 23140?

The median listing price in PROVIDENCE FORGE, VA 23140 is $687,438 as of February 2026, a 12.7% increase from $609,975 the prior year.

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

Homes in PROVIDENCE FORGE, VA 23140 spend an average of 60 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in PROVIDENCE FORGE, VA 23140?

Based on current inventory and days-on-market data as of February 2026, PROVIDENCE FORGE, VA 23140 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 43 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PROVIDENCE FORGE, VA 23140 save an estimated $13,749 compared to a typical 5% commission on the median listing price of $687,438. 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.