Secondary metropolitan market · Virginia · June 2026 data
Richmond Real Estate Market
The Richmond, VA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Richmond report in a click.
Median listing price, Richmond VA · trailing 8 quarters · source: public records and industry data.
10-year median listing price, Richmond VA · June of each year, 2017–2026 · source: public records and industry data.
As of June 2026, the median home listed in Richmond, VA asks $450,000 — down 1.4% from a year ago. Homes are taking a median of 37 days to go under contract, and 15% of the 2,955 active listings have taken a price cut, which points to a seller-leaning market. Based on public records and industry data, updated monthly.
Richmond scores 62/100 on our composite Investor Score (#212 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 54% over five years and +102% over ten, leaving prices 47% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,653/mo for a two-bedroom, the gross rental yield on the median listing is about 4.4%; active inventory sits at 76% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Richmond ranks on the trending markets index.
Principal & interest on the $450,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
Recent headlines indicate strong growth, with Virginia experiencing its best first quarter in years and Richmond being a focus of attention. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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Richmond by ZIP code
Median price, pace and inventory for 14 Richmond ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Richmond
The highest-producing real estate agents in Richmond, ranked by recent sales.
View DirectoryTop teams
The groups setting production records nationwide.
View LicensingGet licensed in Virginia
Hours, exam and the commission that regulates Virginia agents.
Read IncomeAgent salary in Virginia
What real estate agents actually earn across Virginia.
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