Inventory in North and East is tight, with just 13 homes for sale in March 2026 and a 13.33% drop from the prior month. New listings came in at 36 but are down 40.98% year over year, while 28 homes went under contract and pending sales have fallen 31.71% compared with last year.
Pricing is responding to this lower supply, as the typical home value reached $629,000, up 7.98% from a year ago and 4.66% from the previous month. Homes are typically priced a bit below the city overall, with Richmond’s typical value at $650,000, yet North and East still sits in a seller’s market with a market gauge of 5.
Buyer behavior shows nearly 39.13% of homes selling above list price, and the average sale-to-list ratio is about 1.05, indicating many properties close slightly over asking. Days on market have shifted notably, now at 28.5 days, down 27.85% month over month but up 103.57% versus last year, giving some buyers a bit more time even as supply tightens. Looking ahead to April 2026, typical values are projected to edge up to about $643,000, while inventory is expected to dip to around 12 homes with the median list price holding near $599,000. Whether they are buyers trying to navigate limited choices or sellers aiming to price strategically, people in North and East can turn to Agent Pronto to connect with a skilled local agent.
