Published October 4, 2026 in Market Update · City of Richmond
Richmond listings are getting more selective on price Supply is tighter than a year ago, but nearly 1 in 5 metro listings still took a price cut in September 2026 , and that gap tells you something important.
By Jen Orth, RVA Realtor Homes sold
0 1 2 3 4 5 6 7 8 9 , 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
up 3.5% from a year ago
Homes for sale
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
down 7.1% from a year ago
New listings
0 1 2 3 4 5 6 7 8 9 , 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
down just 0.1% from a year ago
Read the letter Published October 4, 2026 in Market Update · Midlothian
Midlothian is splitting into different speed markets The three months ending July 31, 2026 show one part of Midlothian up 10.5% in median sale price while another is down 4%, so the broad market story is not your story.
By Jen Orth, RVA Realtor Median sale price
$ 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 , 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 10.5% from a year before
Homes sold
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Down 16.9% from a year before
Median days on market
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 d a y s
Unchanged from a year before
Read the letter Published October 4, 2026 in Market Update · West End
West End sales rose even as listings stayed tight The three months ending July 31, 2026 showed more homes selling across the West End even as the number available to buy kept falling.
By Jen Orth, RVA Realtor Homes sold
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 23.6% from a year before
Homes for sale
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Down 5.8% from a year before
New listings
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 10% from a year before
Read the letter Published October 4, 2026 in Market Update · Primary Buy Box-Far West End
The Far West End is moving at different speeds by area The three months ending July 31, 2026 show five ZIP codes telling five different stories, and your price and timing should match the one you are actually in.
By Jen Orth, RVA Realtor Median sale price
$ 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 , 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Down 1.1% from a year before
Months of supply
0 1 2 3 4 5 6 7 8 9 m o n t h s
Down 1 full month from a year before
Under contract in 2 weeks
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 . 0 1 2 3 4 5 6 7 8 9 %
Highest of the five ZIP codes
Read the letter Published October 4, 2026 in Market Update · Near West End
The Near West End is still moving fast, but not every part is the same The three months ending July 31, 2026 showed real differences across the Near West End, from 0.6 months of supply in the tightest ZIP to 2.1 months in one that is giving buyers a little more room.
By Jen Orth, RVA Realtor 23229
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 . 0 1 2 3 4 5 6 7 8 9 %
Tightest ZIP
23221
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 %
Up 14.9 points year over year
23226
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 %
Down 3.8 points year over year
Read the letter Published October 2, 2026 in Market Update · Midlothian
Midlothian has more listings, but homes are still moving Inventory is up across Midlothian, yet most homes are still selling in two weeks or less and closing above list price.
By Jen Orth, RVA Realtor Homes sold
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Down 4.6% from a year before
Homes for sale
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 10.8% from a year before
New listings
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 3.9% from a year before
Read the letter Published October 1, 2026 in Market Update · Hanover
Hanover sales rose even with fewer homes on the market The Real Estate Data Aggregator counted 232 homes sold across Hanover in the three months ending July 31, 2026, up 13.7% from a year before, even as the number of homes for sale fell 5.3%.
By Jen Orth, RVA Realtor Homes sold
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 13.7% from a year before
Homes for sale
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Down 5.3% from a year before
New listings
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Up 21% from a year before
Read the letter Published September 30, 2026 in Market Update · Far West End
One part of the Far West End is easing while others stay tight The three months ending July 31, 2026 show a real spread inside this market: supply ranges from 1 month to 2.3 months depending on where you are, and that gap changes everything about price, timing, and strategy.
By Jen Orth, RVA Realtor Median sale price
$ 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 , 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9
Down 1.1% from a year ago
Months of supply
0 1 2 3 4 5 6 7 8 9 m o n t h s
Down 1 month from a year ago
Under contract in 2 weeks
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 . 0 1 2 3 4 5 6 7 8 9 %
Highest rate in the Far West End
Read the letter Published September 28, 2026 in Market Update · SOLD Market Update 9.28.26 23238
Most buyers in Henrico (23238) used a loan. Here is what that means for your price. Most buyers in 23238 brought financing, not cash, and the numbers show exactly where that matters for sellers and buyers right now.
By Jen Orth, RVA Realtor Under $500K: got of first price
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 %
55 homes, 12 days
$600K to $700K: got of first price
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 . 0 1 2 3 4 5 6 7 8 9 %
31 homes, 10 days
$700K to $1.05M: got of first price
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 . 0 1 2 3 4 5 6 7 8 9 %
39 homes, 13 days
Read the letter 
By Jen Orth, RVA Realtor