Local Market0 views · 1 answer

Are buyers active in Richmond?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
73/100
YoY Good Chance of Selling
Pending ratio
0.64
YoY contracts vs active
Inventory YoY
-0.1%
YoY active listings
Median DOM
45
YoY days on market
Price cuts
21.9%
YoY of active listings
Buyer demand in Richmond is **very active** as of May 2026. The pending ratio is 0.64 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 45 days to go under contract. Inventory is -5.2% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 21.9% of listings have cut price. Overall, the Primpted Sold Score for Richmond is 73/100 (Good Chance of Selling). — Live indicators (May 2026): Sold Score: 73/100 (Good Chance of Selling) · Pending ratio: 0.64 · Inventory YoY: -5.2% · Median days on market: 45 · Sellers cutting price: 21.9% · Median listing price: $196,175 (+11.3% YoY)

Richmond snapshot

As of the latest 2026 data
Median listing
$196K
YoY +0.1%
Active inventory
161
YoY -0.1%
Median DOM
46
YoY +0.1%
Pending ratio
0.56
YoY +0.1%
Price-reduced
21.1%
YoY +0.0%

Featured experts in this market

Related questions