The Poore Team

Glen Allen, VA

Single-Family Homes

Compass


Glen Allen, VA

Wed Sep 17 2025
This week the median list price for Glen Allen, VA is $647,475 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has increased to 76. Click here to stay informed with the Glen Allen market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Glen Allen, VA

Wed Sep 17 2025
This week the median list price for Glen Allen, VA is $647,475 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has increased to 76. Click here to stay informed with the Glen Allen market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Glen Allen market.
Median List Price $647,475
Median Price of New Listings $662,500
Per Square Foot $240
Average Days on Market 46
Median Days on Market 35
Price Decreased 38%
Price Increased 3%
Relisted 7%
Inventory 76
Median Rent
Market Action 56
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
$1,100,000 5,174 0.25 - 0.5 acre 5 4.5 19 4 2 42
$749,950 2,805 8,000 - 10,000 sqft 4 3 10 2 3 42
$525,900 2,206 8,000 - 10,000 sqft 4 2.5 14 1 6 28
$397,800 1,726 0.25 - 0.5 acre 3 2 40 5 4 14