Richmond, VA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's accelerated Richmond market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Richmond, VA.
The Richmond, VA market is currently characterized as Accelerated, with a pending ratio of 0.68 indicating continued demand absorption relative to available inventory. Active listings have expanded significantly by 20.9% year-over-year, alongside a more moderate increase in new listings.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Building permits (private housing units) · Jul 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the Richmond market right now.
Active listings have experienced substantial growth, increasing by 20.9% over the past year, while new listings rose by 9.3% in the same period. This supply expansion occurred as the pending ratio declined by 21.0% year-over-year, reaching 0.68, suggesting a moderation in the pace of demand. Median listing prices show modest appreciation of 2.4% year-over-year, despite a month-over-month decrease of 2.2%.
“Local pricing and inventory dynamics across Richmond shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The current pending ratio of 0.68 implies continued competitive pressure on available inventory, even with the recent year-over-year moderation. While active inventory is expanding, the pace of sales remains relatively robust, suggesting that properties that meet demand expectations are likely to transition efficiently. Price discipline remains important as the market recalibrates with increasing supply.
No distinct luxury-segment signal in this dataset.
3,278 active listings represent the current floor, with new supply arriving at roughly 1,688 per month.
of active listings carry a price reduction, -0.2% from prior period.
Median price per square foot has moved +1.5% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Richmond, VA? Inventory is up 21% from last year.
Demand in Richmond, VA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 68%
- Median Days on Market
- 44 days
- Inventory YoY
- +21%
Demand is strong in Richmond, VA. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
ZIPs in Richmond, VA
23188
williamsburg
$537K
238 active · 35 DOM
23185
williamsburg
$550K
194 active · 46 DOM
23112
midlothian
$480K
172 active · 37 DOM
23117
mineral
$599K
140 active · 73 DOM
23120
moseley
$649K
122 active · 45 DOM
23139
powhatan
$664K
116 active · 46 DOM
23223
richmond
$350K
114 active · 46 DOM
23231
henrico
$400K
105 active · 42 DOM
23059
glen allen
$636K
98 active · 36 DOM
23111
mechanicsville
$480K
88 active · 39 DOM
23234
richmond
$360K
83 active · 45 DOM
23024
bumpass
$629K
83 active · 57 DOM
23222
richmond
$342K
82 active · 43 DOM
23005
ashland
$540K
77 active · 46 DOM
23061
gloucester
$439K
75 active · 60 DOM
23009
aylett
$360K
74 active · 68 DOM
23233
henrico
$580K
73 active · 36 DOM
23224
richmond
$299K
69 active · 38 DOM
Sorted by active inventory · click a ZIP for its full report
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