Blake and Ali Poore Team

Henrico, VA

Single-Family Homes

Long & Foster Real Estate



Henrico, VA

Wed Sep 22 2021
This week the median list price for Henrico, VA is $339,200 with the market action index hovering around 90. This is less than last month's market action index of 92. Inventory has decreased to 80. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Henrico, VA

Wed Sep 22 2021
This week the median list price for Henrico, VA is $339,200 with the market action index hovering around 90. This is less than last month's market action index of 92. Inventory has decreased to 80. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Henrico market.
Median List Price $339,200
Median Price of New Listings $307,475
Per Square Foot $186
Average Days on Market 47
Median Days on Market 11
Price Decreased 26%
Price Increased 0%
Relisted 8%
Inventory 80
Median Rent $798
Market Action 90
Strong Seller's Market

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves 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
$845,000 3,995 0.5 - 1 acre 5 3 33 4 0 24
$404,975 2,183 0.25 - 0.5 acre 4 2 40 9 8 7
$299,925 1,532 0.25 - 0.5 acre 3 2 55 7 4 17
$219,975 1,239 0.25 - 0.5 acre 3 1 67 10 9 7