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Broad Street Commercial Capital Square Court End Downtown East East Franklin Street (Block 0-100 Franklin Street) Grace Street Commercial Jackson Ward Monroe Ward Shockoe Slip Tobacco Row (Shockoe Valley)

RICHMOND, VA 23219

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 23219

Broad Street Commercial · Capital Square · Court End · Downtown · East · East Franklin Street (Block 0-100 Franklin Street) · Grace Street Commercial · Jackson Ward · Monroe Ward · Shockoe Slip · Tobacco Row (Shockoe Valley)

Market Analysis

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

The RICHMOND, VA real estate market (23219) currently shows 12 active listings, with 4 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 26 days on market compared to 51 days last year.

The median listing price has risen 6.7% year-over-year, from $364,500 to $389,000.

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.

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Market Context

Market Context

Population: 4,294  ·  Density: 1,249.3/mi²  ·  Median household income: $57,679

Typical home value: $245,935  ·  Homeownership: 7.3%

Market Overview

Active Listings
12
⇩ 20% vs 15 last year
Pending
4
33% pending ratio
Median Price
$389,000
⇧ 6.7% vs $364,500 last year
Average Price
$533,561
⇧ 18.6% vs $449,759 last year
Days on Market
26
⇩ 49% vs 51 days last year

Price Per Square Foot

Median $/sqft
$304
⇩ 14.1% vs $354/sqft last year
Median Home Size
1,338 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 15 last year
  • Days on market: 26 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $389,000 (+6.7% YoY)
  • Average: $533,561 (+18.6% 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 12.8 miles — 1,025 listings ($451,882,047 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23219Richmond, VA 232190.0 mi10$3,833,210$350,000$383,321
23222Richmond, VA 232223.0 mi97$33,280,215$349,950$343,095
23223Richmond, VA 232233.2 mi148$57,362,728$359,000$387,586
23225Richmond, VA 232254.4 mi60$30,339,420$392,000$505,657
23227Richmond, VA 232275.1 mi58$24,231,298$381,490$417,781
23234Richmond, VA 232346.3 mi126$42,379,344$310,000$336,344
23228Henrico, VA 232286.6 mi68$23,915,192$337,900$351,694
23229Henrico, VA 232298.1 mi39$22,910,004$449,000$587,436
23231Henrico, VA 232319.3 mi114$44,193,354$375,000$387,661
23237Richmond, VA 232379.7 mi60$23,676,720$349,950$394,612
23150Sandston, VA 2315010.2 mi52$21,885,812$334,500$420,881
23111Mechanicsville, VA 2311111.4 mi100$62,146,000$513,916$621,460
23233Henrico, VA 2323312.8 mi93$61,728,750$567,530$663,750

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23219?

As of February 2026, there are 12 active listings in RICHMOND, VA (zip code 23219), compared to 15 the prior year.

What is the median home price in RICHMOND, VA 23219?

The median listing price in RICHMOND, VA 23219 is $389,000 as of February 2026, a 6.7% increase from $364,500 the prior year.

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

Homes in RICHMOND, VA 23219 spend an average of 26 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in RICHMOND, VA 23219?

Based on current inventory and days-on-market data as of February 2026, RICHMOND, VA 23219 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 26 days on market compared to 51 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 23219 save an estimated $7,780 compared to a typical 5% commission on the median listing price of $389,000. 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.