Housing market · June 2026
Richmond city Housing Market
Monthly home prices and sales for Richmond city, Virginia — a $470,672 median sale price in June 2026, up 7.0% from a year earlier.
Richmond city housing market at a glance
Latest month with the change versus June 2025 — always the same month a year earlier, never the prior month (the data is not seasonally adjusted).
| Measure | June 2026 | Y/Y |
|---|---|---|
| Median sale price | $470,672 | +7.0% |
| Median price per square foot | $278 | +5.8% |
| Median new-listing price | $414,790 | +8.4% |
| Homes sold | 354 | +26.9% |
| New listings | 303 | +1.0% |
| Pending sales | 317 | +24.8% |
| Homes for sale (inventory) | 400 | -16.5% |
| Median days on market | 12 days | -2 days |
| Months of supply | 1.1 | -0.6 mo. |
| Sold above list price | 44.0% | +1 pts |
Richmond city housing market — FAQ
What is the median home price in Richmond city?+
The median home sale price in Richmond city, Virginia was $470,672 in June 2026 ($278 per square foot). Data provided by Redfin, a national real estate brokerage.
Are home prices in Richmond city rising or falling?+
As of June 2026, the median sale price in Richmond city is up 7.0% versus June 2025. Comparisons are always year over year — the data is not seasonally adjusted, so adjacent months mostly reflect the season, not the market.
How many homes sold in Richmond city?+
354 homes sold in Richmond city in June 2026; 2,824 sold over the trailing 12 months.
Why are some months missing?+
Months where Richmond city recorded fewer than 3 sales are not shown — medians and ratios on so few transactions are noise. Gaps stay gaps: nothing is interpolated. Counts of homes sold are kept whenever Redfin reports them.