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How competitive is the Richmond housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 81/100
- YoY Excellent Chance of Selling
- Pending ratio
- 1.18
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 36
- YoY days on market
- Price cuts
- 36.9%
- YoY of active listings
Richmond is competitive as of May 2026, with a Sold Score of 81/100 (Excellent Chance of Selling).
**Pending ratio** is 1.18 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +4.4% — more choices for buyers than a year ago.
**Median days on market** is 36. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 36.9% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 81/100 (Excellent Chance of Selling) · Pending ratio: 1.18 · Inventory YoY: +4.4% · Median days on market: 36 · Sellers cutting price: 36.9% · Median listing price: $450,000 (-1.4% YoY)
Richmond snapshot
As of the latest 2026 data- Median listing
- $450K
- YoY -0.0%
- Active inventory
- 2,955
- YoY +0.2%
- Median DOM
- 37
- YoY -0.1%
- Pending ratio
- 0.94
- YoY -0.1%
- Price-reduced
- 15.4%
- YoY +0.0%
Featured experts in this market
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Jenny Mateyoke
Keller Williams Realty
