Published October 12, 2026 in Market Update

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

By Mike Boone

Real estate, DOTW + Market Udates: Eastern Henrico

More listings does not mean more time. That is the clearest thing the numbers say about Eastern Henrico right now. The Real Estate Data Aggregator counted 266 new listings across ZIPs 23075, 23150, 23231 and 23250 in the three months ending August 31, 2026. Realtor.com reported active listings up 6.7% year over year nationally. Yet in ZIP 23231, 40.5% of homes went under contract within two weeks of listing. That share rose 5.9 points from a year before. More supply did not slow that ZIP down.

ZIP 23231: the fastest clock in Eastern Henrico

The Real Estate Data Aggregator counted 112 homes sold in ZIP 23231 in the three months ending August 31, 2026. The median days on market was 18 days, eight days shorter than the same period in 2025. The average sale came in at exactly 100% of list price. New listings there rose 22.8% year over year to 167. Buyers had more to look at, and sellers still got full price.

The median price in ZIP 23231 did dip 1% year over year to $360,000. Fewer homes sold than a year ago. But the ones that were priced right moved quickly and cleanly.

ZIP 23075: prices up, pace a little slower

The Real Estate Data Aggregator counted 34 homes sold in ZIP 23075 in the three months ending August 31, 2026. The median sale price rose 8.4% year over year to $270,975. That is the strongest price gain in Eastern Henrico this period. The median days on market was 17 days, though that was six days longer than a year before. The share of homes sold above list price fell 21.2 points to 23.5%. Sellers are still getting close to list, with an average sale-to-list ratio of 98.7%, but the bidding-war energy of a year ago has cooled.

ZIP 23150: more days, fewer listings

ZIP 23150 tells a different story. The Real Estate Data Aggregator counted 51 homes sold there in the three months ending August 31, 2026, down 27.1% from a year before. New listings fell 42.7% year over year to 59. Homes for sale dropped 27.7%. The median days on market rose to 35 days, 13 days longer than the same period in 2025. The median sale price was $328,720, up 6.1% year over year. Prices held, but homes are taking longer to find a buyer.

How the three ZIPs compare

The wider picture: rates and national supply

Freddie Mac put the average 30-year fixed mortgage rate at 7.40% as of October 8, 2026. The 15-year fixed averaged 6.73%. Rates at that level affect what buyers can afford, which puts more pressure on pricing. The National Association of Realtors reported 4.9 months of supply nationally, the highest level in over ten years. Eastern Henrico's supply, at 2 to 2.9 months depending on the ZIP, is tighter than that national figure. VAR reported the statewide median sold price in Virginia at $449,000 in August 2026, well above what any Eastern Henrico ZIP recorded this period.

What this means for buyers and sellers

For buyers, more listings across Eastern Henrico gives you real options. But ZIP 23231 is not waiting. Nearly 4 in 10 homes there went under contract within two weeks. If you find the right home in that ZIP, move with a clear plan.

For sellers, the numbers split by ZIP. In 23231, full-price offers are still happening and the pace is faster than last year. In 23150, homes are sitting 35 days on average. The difference is not just location. Pricing and preparation are doing real work in this market.

These are ZIP-level numbers. One street, one subdivision or one price range inside any of these ZIPs can look different from the whole. The only way to know where your home stands is to look at what is actually selling near you.