$39,950
3310 Richmond Henrico Tpke
Richmond, VA
Land2,339 sqft lot
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Richmond, VA Housing Market & Real Estate
Seller's market+5.3% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Richmond, VA is $400,000, up 5.3% year-over-year. Homes sell in an average of 30 days with 358 active listings. The market is currently a seller's market.
$400,000median sale price
Is Richmond a buyer's or seller's market?
Seller's market1.9 months of supply30 avg. days on market
Richmond, VA is currently a seller's market, based on 1.9 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
193
Last 12 weeks
Days on market
30
Average pace
Active listings
358
1.9 months supply
Sale-to-list
99.6%
Below asking
Richmond, VA market data
| Metric | Value |
|---|---|
| Median sale price | $400,000 |
| Median list price | $405,000 |
| Year-over-year price change | +5.3% |
| Average days on market | 30 days |
| Active inventory | 358 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 99.6% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Richmond housing market is currently classified as a seller's market with a median sale price of $400,000. Prices have risen 5.3% compared to last year, with homes spending an average of 30 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Richmond
There are currently 358 homes listed for sale in Richmond, Virginia. The median listing price is $405K. Featured listings range from $39,950 to $1,379,000.
$294,950
4812 Twila Ln
Richmond, VA
3 bd2 ba1,170 sqft
House13,591 sqft lot
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$325,000
400 W 29th St
Richmond, VA
3 bd2 ba1,134 sqft
House7,697 sqft lot
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$349,950
5518 Wainwright Dr
Richmond, VA
3 bd2 ba1,188 sqft
House11,252 sqft lot
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$349,950
5413 Seminary Ave
Richmond, VA
3 bd2 ba1,345 sqft
House9,309 sqft lot
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$405,000
307 W 26th St
Richmond, VA
3 bd2 ba1,571 sqft
House9,178 sqft lot
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$449,500
2205 Vandover Rd
Richmond, VA
3 bd2 ba1,456 sqft
House12,114 sqft lot
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$465,000
3114 Park Ave
Richmond, VA
1,540 sqft
Multi-family3,498 sqft lot
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$467,090
3312 Sunstone Dr
Richmond, VA
4 bd2 ba2,405 sqft
House
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$489,990
405 W 34th St
Richmond, VA
4 bd2 ba1,730 sqft
House9,178 sqft lot
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$924,990
4812 Augusta Ave
Richmond, VA
3 bd3 ba2,516 sqft
House6,652 sqft lot
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$1,379,000
2403 E Grace St
Richmond, VA
4 bd3 ba5,309 sqft
House4,874 sqft lot
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Looking to buy in Richmond?
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Active listings
358
Homes on market
Median list price
$405K
Avg. days on market
30
Days until sale
New this week
239
Newly listed
Price drops:25.1%of listings
Sale-to-list:99.6%
Explore nearby cities in VA
Frequently asked questions
What is the average home price in Richmond?
The median home sale price in Richmond is $400,000, up 5.3% from last year.
How long do homes stay on market in Richmond?
Homes typically spend 30 days on market before going under contract.
Is Richmond a buyer's or seller's market?
With 1.9 months of supply, Richmond is currently a seller's market.
How many homes are for sale in Richmond?
There are currently 358 homes listed for sale in Richmond, VA.
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