Published October 11, 2026 in Market Update

Far West End inventory is up, but the market is still moving

By Jen Orth, RVA Realtor

Real estate, Primary Buy Box-Far West End

More homes are coming on. That is the clearest thing the numbers say about the Far West End right now. The Real Estate Data Aggregator counted 363 homes for sale across ZIPs 23233, 23238, 23059, 23060, and 23294 in the three months ending August 31, 2026. That is up 12% from the same months a year before. Nationally, Realtor.com reported active listings growing 5.5% year over year. The Far West End is growing faster than that.

Here is what matters most for sellers: more competition does not mean demand has left. The Real Estate Data Aggregator counted 572 pending sales across the same five ZIPs. That is down just 2.9% from a year ago. Buyers are still there. They just have a few more options to weigh before they commit.

What each ZIP is doing

The five ZIPs inside this market are not all moving the same way. Some are tighter than ever. Others have loosened up. Here is where each one stands.

ZIP 23233: Short Pump and Twin Hickory

The Real Estate Data Aggregator counted 149 homes sold in ZIP 23233, up 24.2% from a year ago. The median sale price rose 6.9% to $555,950. Homes are taking a median of 23 days, which is 11 days longer than last year. That tells you buyers are being more careful. Even so, 44.9% of homes went under contract within two weeks of listing, and the average sale came in at 100.3% of list price.

ZIP 23238: Homes off Gayton and the Tuckahoe corridor

ZIP 23238 is the tightest ZIP in this group right now. The Real Estate Data Aggregator shows 42 homes for sale, down 16% from a year ago, and just 1.4 months of supply. The median sale price dipped 2.6% to $510,000, but homes are selling in a median of 13 days, 3 days faster than last year. The average sale came in at 102% of list price. That means sellers here are still getting more than they asked.

ZIP 23059: Wyndham and the area off Pouncey Tract

ZIP 23059 is where inventory has grown the most. The Real Estate Data Aggregator counted 146 homes for sale, up 52.1% from a year ago, and months of supply rose to 2.8, the highest of any ZIP here. New listings jumped 36.2% to 222. The median sale price still rose 5.2% to $578,750, and pending sales are up 13.2%. Buyers have more to choose from here, but they are still buying.

ZIP 23060: Glen Allen area off Broad and 64

ZIP 23060 is one of the steadier stories in this group. The Real Estate Data Aggregator shows the median sale price up 2.5% to $435,000. Homes for sale actually fell 26.8% to 71. Median days on market came in at 17, two days faster than last year. The sale-to-list ratio held at 100.1%. This ZIP is not flashy, but it is consistent.

ZIP 23294: The smaller, faster ZIP

ZIP 23294 is the smallest of the five by inventory, with just 21 homes for sale and 1.2 months of supply. The Real Estate Data Aggregator counted 52 homes sold, up 33.3% from a year ago. The median sale price rose 4.6% to $366,000. And 55.6% of homes went under contract within two weeks of listing. That is the highest two-week rate of any ZIP in this group.

What the wider picture says

The Far West End is not alone in seeing more inventory. Realtor.com reported that active listings nationally topped 1.16 million homes, growing 5.5% year over year. Realtor.com also noted that price cuts hit 20.8% of listings in September, the highest September share since 2018. That is a national number, not a local one. But it is a reminder that pricing carefully matters more than it did a year ago.

Rates are part of the picture too. Freddie Mac put the average 30-year fixed rate at 7.40% as of October 8, 2026. The 15-year fixed averaged 6.73%. Those numbers shape what buyers can afford, and they shape how long a home sits before someone moves.

What this means if you are selling

More inventory means your home is being compared against more options. The Real Estate Data Aggregator shows the share of homes selling above list price fell in four of the five ZIPs compared to a year ago. In ZIP 23233, that share dropped 8.3 points to 40.9%. In ZIP 23059, it fell 8 points to 32.1%. Buyers are still buying, but they are not always in a rush. Price and condition are doing more of the work now.

What this means if you are buying

You have more choices than you did a year ago, especially in ZIP 23059 off Pouncey Tract, where inventory is up 52.1%. That said, well-priced homes in good shape are still moving quickly. In ZIP 23294, more than half of homes went under contract within two weeks. In ZIP 23238, the average sale still came in at 102% of list. Do not assume every home will wait for you.