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Featured local agent — Glen Allen, VA
Sarah Mitchell
Compass Real Estate · Glen Allen, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Glen Allen, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$405,293median sale price
How is the Glen Allen, VA housing market right now?
The median home sale price in Glen Allen, VA is $405,293, down 5.2% year-over-year. Homes sell in an average of 25 days with 47 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Glen Allen a buyer's or seller's market?
Glen Allen, VA is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
30
Last 12 weeks
Days on market
25
Average pace
Active listings
47
1.6 months supply
Sale-to-list
100.2%
Above asking
What does the Glen Allen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $405,293 |
| Median list price | $415,045 |
| Year-over-year price change | -5.2% |
| Average days on market | 25 days |
| Active inventory | 47 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $221/sq ft |
| Homes sold (latest month) | 30 |
| New listings (latest month) | 49 |
| Listings with a price cut | 34.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Glen Allen by property type?
How the Glen Allen, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $502,000 | $259/sq ft | 9 | 5 days |
| Condo / Co-op | $250,000 | $240/sq ft | 7 | 15 days |
| Townhouse | $408,345 | $212/sq ft | 14 | 30 days |
Source: Redfin · Updated monthly
The Glen Allen housing market is currently classified as a strong seller's market with a median sale price of $405,293. Prices have fallen 5.2% compared to last year, with homes spending an average of 25 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Glen Allen
There are currently 47 homes listed for sale in Glen Allen, Virginia. The median listing price is $415K.
Active listings
47
Homes on market
Median list price
$415K
Avg. days on market
25
Days until sale
New this week
49
Newly listed
Who lives in Glen Allen?
Population
16,630
Median income
$96,085/yr
Median age
40.1 years
Owner-occupied
76.4%
College grads
43.8%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Glen Allen?
Zillow home value
$520,345
Zillow rent index
$2,113/mo
Price-to-rent ratio
20.5x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Glen Allen?
Glen Allen is a community of approximately 17K residents with a median age of 40.1 years.The median household income is $96,085, which reflects a relatively affluent area with strong earning potential. 43.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Glen Allen offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Glen Allen?
20 schools tracked · 12,642 students
The largest public schools serving Glen Allen, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Deep Run High
Grades 9-12 · 2,039 students
Glen Allen High
Grades 9-12 · 1,913 students
Short Pump Middle
Grades 6-8 · 1,082 students
Holman Middle
Grades 6-8 · 862 students
Hungary Creek Middle
Grades 6-8 · 852 students
Rivers Edge Elementary
Grades PK-5 · 725 students
Colonial Trail Elementary
Grades PK-5 · 695 students
Springfield Park Elementary
Grades PK-5 · 645 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Glen Allen, VA?
Want a head-to-head view? Compare Glen Allen side-by-side with any other U.S. city using our market-comparison tool.
Is Glen Allen a good real estate investment market?
For investors evaluating Glen Allen, the price-to-rent ratio of 20.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Glen Allen's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Glen Allen's median home price.
Frequently asked questions
What is the average home price in Glen Allen?
The median home sale price in Glen Allen is $405,293, down 5.2% from last year.
How long do homes stay on market in Glen Allen?
Homes typically spend 25 days on market before going under contract.
What is the median income in Glen Allen?
The median household income is $96,085 per year.
Is Glen Allen a buyer's or seller's market?
With 1.6 months of supply, Glen Allen is currently a strong seller's market.
What is the Zillow home value estimate for Glen Allen?
The Zillow Home Value Index (ZHVI) for Glen Allen is $520,345, representing the typical home value in the area.
What is the median condo price in Glen Allen?
The median condo/co-op sale price in Glen Allen, VA is $250,000, compared to $502,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Glen Allen?
The median single-family home price in Glen Allen, VA is $502,000 (about $259 per square foot).
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