The Poore Team

Richmond, VA 23230

Single-Family Homes

Compass


Current active inventory in Richmond, VA 23230 is very low. Keep this in mind when looking at this report.

Richmond, VA 23230

Mon May 05 2025
This week the median list price for Richmond, VA 23230 is $849,000 with the market action index hovering around 75. This is an increase over last month's market action index of 30. Inventory has held steady at or around 1. Click here to stay informed with the Richmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Richmond, VA 23230

Mon May 05 2025
This week the median list price for Richmond, VA 23230 is $849,000 with the market action index hovering around 75. This is an increase over last month's market action index of 30. Inventory has held steady at or around 1. Click here to stay informed with the Richmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Richmond market.
Median List Price $849,000
Median Price of New Listings $849,000
Per Square Foot $261
Average Days on Market 0
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 75
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
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$849,000 3,246 0.25 - 0.5 acre 4 2 73 1 1 0