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How competitive is the Richmond housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- 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
Richmond is competitive as of May 2026, with a Sold Score of 73/100 (Good Chance of Selling).
**Pending ratio** is 0.64 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -5.2% — fewer choices for buyers than a year ago.
**Median days on market** is 45. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 21.9% of active listings — above 25% signals sellers are widely overshooting list price.
— 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
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Jenny Mateyoke
Keller Williams Realty
