Richmond, VA

Seller's market+5.3% YoY

Housing market overview · Updated weekly

$400,000median sale price

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

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.

land for sale at 3310 Richmond Henrico Tpke Richmond - $39,950
$39,950

3310 Richmond Henrico Tpke

Richmond, VA

Land2,339 sqft lot
More about this property
3 bedroom house for sale at 4812 Twila Ln Richmond - $294,950
$294,950

4812 Twila Ln

Richmond, VA

3 bd2 ba1,170 sqft
House13,591 sqft lot
More about this property
3 bedroom house for sale at 400 W 29th St Richmond - $325,000
$325,000

400 W 29th St

Richmond, VA

3 bd2 ba1,134 sqft
House7,697 sqft lot
More about this property
3 bedroom house for sale at 5518 Wainwright Dr Richmond - $349,950
$349,950

5518 Wainwright Dr

Richmond, VA

3 bd2 ba1,188 sqft
House11,252 sqft lot
More about this property
3 bedroom house for sale at 5413 Seminary Ave Richmond - $349,950
$349,950

5413 Seminary Ave

Richmond, VA

3 bd2 ba1,345 sqft
House9,309 sqft lot
More about this property
3 bedroom house for sale at 307 W 26th St Richmond - $405,000
$405,000

307 W 26th St

Richmond, VA

3 bd2 ba1,571 sqft
House9,178 sqft lot
More about this property
3 bedroom house for sale at 2205 Vandover Rd Richmond - $449,500
$449,500

2205 Vandover Rd

Richmond, VA

3 bd2 ba1,456 sqft
House12,114 sqft lot
More about this property
multi-family for sale at 3114 Park Ave Richmond - $465,000
$465,000

3114 Park Ave

Richmond, VA

1,540 sqft
Multi-family3,498 sqft lot
More about this property
4 bedroom house for sale at 3312 Sunstone Dr Richmond - $467,090
$467,090

3312 Sunstone Dr

Richmond, VA

4 bd2 ba2,405 sqft
House
More about this property
4 bedroom house for sale at 405 W 34th St Richmond - $489,990
$489,990

405 W 34th St

Richmond, VA

4 bd2 ba1,730 sqft
House9,178 sqft lot
More about this property
3 bedroom house for sale at 4812 Augusta Ave Richmond - $924,990
$924,990

4812 Augusta Ave

Richmond, VA

3 bd3 ba2,516 sqft
House6,652 sqft lot
More about this property
4 bedroom house for sale at 2403 E Grace St Richmond - $1,379,000
$1,379,000

2403 E Grace St

Richmond, VA

4 bd3 ba5,309 sqft
House4,874 sqft lot
More about this property

Looking to buy in Richmond?

Get connected with a local real estate expert — free, no obligation.

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.

Get Richmond market alerts

Weekly updates on prices, inventory, and trends. Free forever.