The Poore Team

Henrico, VA 23231

Single-Family Homes

Compass



Henrico, VA 23231

Wed Nov 19 2025
This week the median list price for Henrico, VA 23231 is $391,414 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 49. Click here to stay informed with the Henrico market!

Market Action Index

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

Slight Seller's Advantage

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Henrico, VA 23231

Wed Nov 19 2025
This week the median list price for Henrico, VA 23231 is $391,414 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 49. Click here to stay informed with the Henrico market!

Market Action Index

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

Slight Seller's Advantage

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Henrico market.
Median List Price $391,414
Median Price of New Listings $274,925
Per Square Foot $211
Average Days on Market 92
Median Days on Market 42
Price Decreased 39%
Price Increased 4%
Relisted 14%
Inventory 49
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$510,732 2,373 0.5 - 1 acre 4 2.5 0 0 0 224
$407,757 1,896 0.25 - 0.5 acre 3 2.5 11 0 1 63
$359,979 1,589 0.25 - 0.5 acre 3 2 34 2 3 21
$234,500 948 8,000 - 10,000 sqft 2 1 73 2 0 28