Blake and Ali Poore Team

Henrico, VA

Single-Family Homes

Long & Foster Real Estate



Henrico, VA

Tue Sep 28 2021
This week the median list price for Henrico, VA is $319,950 with the market action index hovering around 89. This is less than last month's market action index of 92. Inventory has decreased to 79. 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

Tue Sep 28 2021
This week the median list price for Henrico, VA is $319,950 with the market action index hovering around 89. This is less than last month's market action index of 92. Inventory has decreased to 79. 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 $319,950
Median Price of New Listings $299,950
Per Square Foot $184
Average Days on Market 46
Median Days on Market 7
Price Decreased 25%
Price Increased 1%
Relisted 6%
Inventory 79
Median Rent $1,300
Market Action 89
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$679,950 3,567 0.5 - 1 acre 4 3 27 3 7 28
$358,500 2,046 0.25 - 0.5 acre 4 2 51 7 6 10
$299,925 1,572 0.25 - 0.5 acre 3 2 47 11 7 0
$217,475 1,177 0.25 - 0.5 acre 3 1 65 8 10 7