Market updates

$450,000ZIP 23235
LatestOct 12

One part of this market is moving much faster than another

In the three months ending August 31, 2026, ZIP 23235 sold homes in a median of 10 days while ZIP 23832 took 25. The gap matters whether you are pricing a home or writing an offer.

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Earlier posts
Oct 12
34.4%
23059

One part of Glen Allen is much tighter than the other

The three months ending August 31, 2026 show two very different markets inside Glen Allen, and treating them as one could cost you.

Oct 12
$385,000
23227 median price

Western Henrico still has far less supply than the broader market

Every ZIP code in western Henrico sat below 2.0 months of supply in the three months ending August 31, 2026, while the National Association of Realtors counted 4.9 months of supply nationally.

Oct 12
$360,000
Median sale price

Eastern Henrico has more listings, but one part is still moving fast

The three months ending August 31, 2026 show a split market: more homes to choose from across Eastern Henrico, but ZIP 23231 is moving faster than it was a year ago.

Oct 12
7.4%
30-year fixed (Freddie Mac)

More listings are showing up, but Midlothian and Moseley still stay tight

Inventory rose across the area in the three months ending August 31, 2026, yet 468 homes for sale still faced 639 that sold, keeping the market firmly in sellers' favor.

Oct 12
128
Homes sold

Hanover is not moving at one speed

The three months ending August 31, 2026 show Hanover split into two very different markets, and which side you are on changes everything about your next move.

Oct 12
$525,000
Median sale price

Powhatan inventory grew, but homes still moved quickly

The three months ending August 31, 2026 brought more choices for Powhatan buyers, and sellers who priced well still found buyers fast.

Oct 12
$297,250
Median sale price

Downtown Richmond slowed while the broader market added listings

For the three months ending August 31, 2026, ZIP 23219 sat apart from nearly every other part of Richmond City: prices fell, inventory rose, and homes took far longer to sell.

Oct 12
$581,000
Median sale price

One part of Goochland Areas is moving fast with very little inventory

ZIP 23063 had just 1.2 months of supply in the three months ending August 31, 2026, while prices rose 23.6% year over year and active listings fell by more than half.

Oct 8

Half of Moseley Sellers Paid Money Back at Closing

51% of Moseley sellers paid a concession to close the deal, but homes still sold in 21 days at 99.1% of asking price, and not one seller gave up.

Oct 7

More Homes Hit Chesterfield in September Than Buyers Could Absorb

In September 2026, 502 homes came on the market in Chesterfield while only 332 found a buyer, a gap that is reshaping what sellers should expect right now.

Oct 5
$459,750
ZIP 23235

One part of this market is still moving much faster than another

The three months ending July 31, 2026 show ZIP 23235 and ZIP 23236 running well ahead of ZIP 23832 on nearly every measure that matters to buyers and sellers.

Oct 5
241
23059 new listings

More listings are giving Glen Allen buyers more room to compare

Inventory in Glen Allen's two ZIP codes rose 31.9% year over year, yet supply is still well below the national level, and homes are still selling fast.

Oct 5
$554,500
Median sale price

Western Henrico is still tighter than the national market

The three months ending July 31, 2026 showed supply as low as 0.6 months across Western Henrico ZIP codes, far below the 4.9-month national figure the National Association of Realtors reported.

Oct 5
$255,000
Median sale price

Eastern Henrico has more listings than last year, but supply is still tight

The three months ending July 31, 2026 show a market with more homes available in some zip codes, yet not enough supply to ease competition for well-priced homes.

Oct 5
688
Homes sold

More listings are showing up, but Midlothian and Moseley still move fast

Inventory is up 11.7% across Midlothian and Moseley, but buyers put 665 homes under contract in just three months, and the median home in 23113 sold in 13 days.

Oct 5
$550,000
Median sale price

One part of Hanover moved much faster than another

The three months ending July 31, 2026 showed Hanover is not one market: speed, supply, and pricing varied sharply from one ZIP code to the next.

Oct 5
130
Homes sold

Powhatan saw more listings and more sales, even as prices edged down

In the three months ending July 31, 2026, Powhatan's 23139 zip code added inventory and closed more sales, while the median price slipped 1.2% and mortgage rates climbed back above 7%.

Oct 5
$705,000
Median sale price

Higher mortgage rates did not stop fast contracts in the Near West End

In the three months ending July 31, 2026, parts of the Near West End saw more than half of all listings go under contract within two weeks, even as Freddie Mac put the 30-year fixed rate at 7.28%.

Oct 5
$900,000
Median sale price

One part of Goochland Areas is still moving fast despite rates above 7%

ZIP 23103 recorded a $900,000 median sale price, 2 months of supply, and nearly half of homes selling above list, all during a period when Freddie Mac put the 30-year fixed rate at 7.28%.

Oct 2
$497,475
Median sale price

Powhatan still moved fast, but buyers had a bit more room

In the three months ending July 31, 2026, nearly half of Powhatan homes went under contract within two weeks, yet sellers are seeing slightly less competition than a year ago.

Oct 1

Nearly Half of 23860 Sellers Already Cut Their Price

Right now, 43 of the 101 homes for sale in 23860 have already dropped their price, and the data shows what that means for sellers who price high and wait.

Oct 1

Homes That Sit Sell for Less Than They First Asked

The longer a home stays on the market, the more the seller gives up. The numbers from this market prove exactly how much.

Sep 28
184
Homes sold

One part of Glen Allen is looser. Another is still tighter

The three months ending July 31, 2026 show two different markets inside Glen Allen, and which ZIP code your home sits in changes what you should expect.

Aug 31
122
For sale

Everyone Assumes Powhatan Is One Big Bidding War. The Numbers Say Otherwise.

Over the twelve weeks ending August 30, 2026, Powhatan's median sale-to-list percentage was 100%, with 35.1% of sales closing above asking.

Aug 31
522
For sale

Air Conditioning Or Not: The Split Deciding How Fast Homes Move in Midlothian and Moseley

Over the twelve weeks ending August 30, 2026, homes with air conditioning sold far faster than homes without it across Midlothian and Moseley, a gap that held in every submarket with enough sales to check it.

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Mike Boone
Boone Residential · (804) 409-8655
Privacy policyTerms of useDo not sell or share my informationAccessibility statementFair housing notice
Mike Boone is a licensed real estate agent with Boone Residential, license #0225199873. Market numbers come from MLS records and are believed accurate but not guaranteed. Nothing on this site is an appraisal or a promise of value. If your home is already listed with another broker, this is not a solicitation.
© 2026 Mike Boone · Boone ResidentialEQUAL HOUSING OPPORTUNITY