The Poore Team

Henrico, VA

Single-Family Homes

Compass



Henrico, VA

Tue Jul 01 2025
This week the median list price for Henrico, VA is $442,622 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has held steady at or around 120. 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

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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.

Henrico, VA

Tue Jul 01 2025
This week the median list price for Henrico, VA is $442,622 with the market action index hovering around 69. This is an increase over last month's market action index of 68. Inventory has held steady at or around 120. 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

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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 Henrico market.
Median List Price $442,622
Median Price of New Listings $432,475
Per Square Foot $231
Average Days on Market 55
Median Days on Market 21
Price Decreased 28%
Price Increased 0%
Relisted 8%
Inventory 120
Median Rent
Market Action 69
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$1,012,000 4,012 0.5 - 1 acre 4 3.5 24 6 11 21
$478,500 2,230 0.25 - 0.5 acre 4 2.5 36 7 5 56
$399,970 1,740 0.25 - 0.5 acre 3 2.5 45 9 4 14
$332,475 1,342 0.25 - 0.5 acre 3 2 69 8 13 14