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Far West

RICHMOND, VA 23226

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

Neighborhoods in ZIP 23226

Far West

Market Analysis

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

The RICHMOND, VA real estate market (23226) currently shows 32 active listings, with 15 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 38 days on market compared to 29 days last year.

The median listing price has risen 4.8% year-over-year, from $639,250 to $669,950.

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: 15,997  ·  Density: 1,097.4/mi²  ·  Median household income: $124,364

Typical home value: $476,625  ·  Homeownership: 77.9%

Market Overview

Active Listings
32
⇩ 15.8% vs 38 last year
Pending
15
47% pending ratio
Median Price
$669,950
⇧ 4.8% vs $639,250 last year
Average Price
$994,038
⇧ 14% vs $872,132 last year
Days on Market
38
⇧ 31% vs 29 days last year

Price Per Square Foot

Median $/sqft
$355
⇩ 1.7% vs $361/sqft last year
Median Home Size
2,220 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 38 last year
  • Days on market: 38 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $669,950 (+4.8% YoY)
  • Average: $994,038 (+14% 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 12.4 miles — 769 listings ($420,184,445 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23226Richmond, VA 232260.0 mi28$27,126,736$882,500$968,812
23221Richmond, VA 232212.3 mi28$19,480,020$625,000$695,715
23228Henrico, VA 232283.7 mi68$23,915,192$337,900$351,694
23294Henrico, VA 232943.8 mi25$10,190,400$399,995$407,616
23227Richmond, VA 232275.0 mi58$24,231,298$381,490$417,781
23219Richmond, VA 232195.3 mi10$3,833,210$350,000$383,321
23060Glen Allen, VA 230605.7 mi88$44,957,792$432,450$510,884
23238Henrico, VA 232386.8 mi53$46,881,574$602,475$884,558
23223Richmond, VA 232237.8 mi148$57,362,728$359,000$387,586
23234Richmond, VA 232349.1 mi126$42,379,344$310,000$336,344
23113Midlothian, VA 231139.2 mi52$46,424,508$775,215$892,779
23075Henrico, VA 2307511.3 mi22$6,163,696$272,475$280,168
23103Manakin Sabot, VA 2310312.4 mi63$67,237,947$809,950$1,067,269

Frequently Asked Questions

How many homes are for sale in RICHMOND, VA 23226?

As of February 2026, there are 32 active listings in RICHMOND, VA (zip code 23226), compared to 38 the prior year.

What is the median home price in RICHMOND, VA 23226?

The median listing price in RICHMOND, VA 23226 is $669,950 as of February 2026, a 4.8% increase from $639,250 the prior year.

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

Homes in RICHMOND, VA 23226 spend an average of 38 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in RICHMOND, VA 23226?

Based on current inventory and days-on-market data as of February 2026, RICHMOND, VA 23226 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 29 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 23226 save an estimated $13,399 compared to a typical 5% commission on the median listing price of $669,950. 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.