Richmond’s rolling three-month numbers show some mixed shifts compared with a year ago. Typical home values are slightly lower year over year, while the median list price has dropped more sharply, indicating more conservative pricing by sellers. Even with these price adjustments, homes sold over the past three months are up more than 50 percent from a year earlier, pointing to steady buyer interest.
Looking at the latest rolling period ending in June 2026, typical home value and median list price are both just under $300,000, keeping prices in a relatively moderate range for the area. Homes are spending a median of 46 days on the market, yet about half of recent sales still closed above list price and the average sale-to-list ratio is just over 101 percent, underscoring that well-positioned homes can draw strong offers.
Inventory conditions highlight a lean but active market. There are 13 active listings with about 2.1 months of supply, which, together with the seller’s market designation, suggests limited choices for buyers and some leverage for sellers. New listings have eased slightly from last year, while pending sales are also down year over year, reflecting a market that is active but not overheated. With these shifting conditions, both buyers trying to secure the right home and sellers aiming to price strategically can benefit from Agent Pronto’s help in finding a Richmond agent who knows this data-driven landscape.
