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Real estate in Richmond’s Downtown Richmond neighborhood.

Compare top Downtown Richmond real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Downtown Richmond real estate Market Report.

Information and statistics on the latest trends in the Downtown Richmond real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$387K
+21% from Q1 '26
Median list price
$389K
+3.9% from Q1 '26
Active listings
61
+22% from Q1 '26
Homes sold
23
+109% from Q1 '26
New pendings
25
+25% from Q1 '26
New listings
41
+28% from Q1 '26

Quarterly Pricing Trends for Downtown Richmond

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Downtown Richmond Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $300K Median sale price in Jul 2021 - Sep 2021: $310K Median sale price in Oct 2021 - Dec 2021: $307K Median sale price in Jan 2022 - Mar 2022: $302K Median sale price in Apr 2022 - Jun 2022: $314K Median sale price in Jul 2022 - Sep 2022: $345K Median sale price in Oct 2022 - Dec 2022: $298K Median sale price in Jan 2023 - Mar 2023: $267K Median sale price in Apr 2023 - Jun 2023: $375K Median sale price in Jul 2023 - Sep 2023: $430K Median sale price in Oct 2023 - Dec 2023: $340K Median sale price in Jan 2024 - Mar 2024: $357K Median sale price in Apr 2024 - Jun 2024: $330K Median sale price in Jul 2024 - Sep 2024: $345K Median sale price in Oct 2024 - Dec 2024: $320K Median sale price in Jan 2025 - Mar 2025: $440K Median sale price in Apr 2025 - Jun 2025: $319K Median sale price in Jul 2025 - Sep 2025: $343K Median sale price in Oct 2025 - Dec 2025: $330K Median sale price in Jan 2026 - Mar 2026: $320K Median list price in Apr 2021 - Jun 2021: $280K Median list price in Jul 2021 - Sep 2021: $300K Median list price in Oct 2021 - Dec 2021: $250K Median list price in Jan 2022 - Mar 2022: $329K Median list price in Apr 2022 - Jun 2022: $340K Median list price in Jul 2022 - Sep 2022: $325K Median list price in Oct 2022 - Dec 2022: $285K Median list price in Jan 2023 - Mar 2023: $513K Median list price in Apr 2023 - Jun 2023: $325K Median list price in Jul 2023 - Sep 2023: $355K Median list price in Oct 2023 - Dec 2023: $357K Median list price in Jan 2024 - Mar 2024: $370K Median list price in Apr 2024 - Jun 2024: $397K Median list price in Jul 2024 - Sep 2024: $300K Median list price in Oct 2024 - Dec 2024: $360K Median list price in Jan 2025 - Mar 2025: $352K Median list price in Apr 2025 - Jun 2025: $317K Median list price in Jul 2025 - Sep 2025: $335K Median list price in Oct 2025 - Dec 2025: $350K Median list price in Jan 2026 - Mar 2026: $375K Apr 2021 - Jun 2021 Median sale price $300K Median list price $280K Jul 2021 - Sep 2021 Median sale price $310K Median list price $300K Oct 2021 - Dec 2021 Median sale price $307K Median list price $250K Jan 2022 - Mar 2022 Median sale price $302K Median list price $329K Apr 2022 - Jun 2022 Median sale price $314K Median list price $340K Jul 2022 - Sep 2022 Median sale price $345K Median list price $325K Oct 2022 - Dec 2022 Median sale price $298K Median list price $285K Jan 2023 - Mar 2023 Median sale price $267K Median list price $513K Apr 2023 - Jun 2023 Median sale price $375K Median list price $325K Jul 2023 - Sep 2023 Median sale price $430K Median list price $355K Oct 2023 - Dec 2023 Median sale price $340K Median list price $357K Jan 2024 - Mar 2024 Median sale price $357K Median list price $370K Apr 2024 - Jun 2024 Median sale price $330K Median list price $397K Jul 2024 - Sep 2024 Median sale price $345K Median list price $300K Oct 2024 - Dec 2024 Median sale price $320K Median list price $360K Jan 2025 - Mar 2025 Median sale price $440K Median list price $352K Apr 2025 - Jun 2025 Median sale price $319K Median list price $317K Jul 2025 - Sep 2025 Median sale price $343K Median list price $335K Oct 2025 - Dec 2025 Median sale price $330K Median list price $350K Jan 2026 - Mar 2026 Median sale price $320K Median list price $375K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
24
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Inventory in Downtown Richmond has expanded on a rolling three-month basis, with active listings up sharply from a year ago and months of supply more than doubling to 3.9. Contract activity is keeping pace, as homes sold and pending sales have both inched higher year over year, suggesting buyers are still engaging despite more choices.

Pricing has been moving upward in response to this activity, with the typical home value and median list price both rising strongly compared with a year earlier. Even with those gains, Downtown Richmond’s typical value sits a bit below the broader city’s median sale price, which may appeal to buyers looking for relative value close to the urban core.

Conditions are less frenzied than in prior years, with only a modest share of homes selling above list and the average sale-to-list ratio hovering just under full price. At the same time, homes are spending longer on the market than a year ago, giving buyers more room to evaluate options while still rewarding sellers who price carefully. Whether you’re planning to buy or sell in Downtown Richmond, Agent Pronto can connect you with a local agent who understands these shifting dynamics and can help you navigate them effectively.



Learn more about what Downtown Richmond has to offer.

Downtown Richmond offers residents a vibrant, walkable hub of historic charm, diverse dining and cultural amenities, and easy access to work, transit, and entertainment.

Downtown Richmond anchors the city’s business, cultural, and governmental life, with high-rise offices, historic blocks, and a growing residential scene all in one compact area. Walkability and transit access define daily living here, supported by GRTC Pulse bus rapid transit and quick connections to surrounding neighborhoods like The Fan and Church Hill.

Residents enjoy easy access to the James River Park System and Canal Walk, along with countless restaurants and coffee shops tucked into restored warehouses in Shockoe Slip and Shockoe Bottom. The Virginia Museum of History & Culture and the Valentine add depth for history and arts enthusiasts, while events at the Greater Richmond Convention Center keep the calendar full. Everyday errands are straightforward, with small grocers, pharmacies, and services positioned close to downtown apartment and condo buildings.

Workday convenience is a major draw, especially for those employed in the Capitol district, financial center, or at nearby Virginia Commonwealth University. Parking, building rules, and future development plans can be complex, however, and each block has a distinct feel, from loft-style conversions to newer high-rises overlooking the river.

A knowledgeable local agent can help you compare buildings, understand HOA rules, and navigate everything from commute patterns to zoning changes. Agent Pronto connects both buyers and sellers with downtown specialists who simplify decisions and reduce stress at every step.

Find your Downtown Richmond real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Bree Cox did a great job selling my home. She communicated exceptionally well, and we were always on the same page regarding our goals for the sale and our strategy for marketing the home. We were under contract in less than a week, and the process couldn’t have gone more smoothly. I would highly recommend Bree to anyone looking to buy or sell a home in this market.”

Scott G · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Working with this agent was a great experience. They were always available to answer questions, offer guidance, and provide support every step of the way. Their expertise and dedication made the entire process easy and enjoyable. I couldn’t recommend them more highly.”

Harry Patel · Dinwiddie, VA

Photo of Asif Kabani
eXp Realty LLc
“James was amazing coming in and telling me exactly what needed to be done in order to sell and get what was needed out of it. James made a couple calls and had contractors in the house the very next Monday. 2 weeks later the house was complete and ready to be staged and on the market. James knows the market and how to make things happen. 48hrs on market and contract was on house! All this while he was extremely professional, friendly and mostly compassionate as I had just lost my dad. His communication is fabulous. Best thing about James he will Always have a recommendation from me.”

Pam · Chester, VA

Photo of The Strum Group
Long & Foster Real Estate Long and Foster
“Karen was an amazing real estate agent to work with. She was incredibly patient throughout the entire process and always quick to respond whenever I had questions. Thanks to her guidance, I was able to find an excellent home that I truly love. Highly recommend!”

Jesse · Chesterfield, VA

Photo of Karen Dailey
Century 21 Realty @ Home
“Working with Ty was great! He is very laid back and was very patient with us throughout our journey of finding a home. He made himself available to us on our multiple trips to the Richmond area as we were traveling from two hours away. He let us go at our own pace and was ready for us when we were. Highly recommend!”

Megan Calderwood · Moseley, VA

Photo of Ty Vaden
Century 21 Realty @ Home
“Mr. Anthony Brumfield exceeded my expectations! He was very profesional, thorough, and attentive to my family's needs. I would defintely use his services again and again. In fact, a few weeks after closing, I referred a family member to him. Thank you, Mr. Brumfield! Job well done!!!”

Kirra Streat · Nashville, TN

Photo of Mark Brumfield
Century 21 Realty at Home
“Aaron Gilbert was a pleasure to work with. He sold our house in 3 days. He did things above and beyond the call of duty. I would recommend him to anyone selling a house.”

Claudia B. · Tappahannock, VA

Photo of Aaron Gilbert
Berkshire Hathaway HomeServices PenFed Realty
“Kimberly and Holly were very personable and professional. They were very informative. They guided us through this cumbersome and tedious process. They both were great to work with and kept us abreast with what we needed to do to sell our home. We are most grateful to work with them. They know what it takes to sell a house!”

Derald E P. · Newport News, VA

Photo of Kimberly Plourde
EXIT Realty Central
“I enjoyed working with Connie from the start. She is professional & well-versed in all things real estate. She guided me through the process which was ripe with delays and challenges. Very pleased with your referral!”

Linda G. · Chester, VA

Photo of Connie Anton
Better Homes & Gardens Real Estate Better Homes and Gardens Real Estate Base Camp
“Mr. Hardy was dedicated and diligent as well as professional in handling the sale of my home. I would without reservation recommend Mr. Hardy for future real estate issues to family and others. Mr. Hardy is a real estate agent extraordinaire.”

Chauncey L. · South Chesterfield, VA

Photo of Norris Hardy
Weichert Realtors Brockwell & Associates
“This was the second property we have both purchased and sold with Sandi Crawford as our real estate agent. Throughout all aspects of the transaction, Sandi expertly represented us and our best interests. She helped us see how undervalued the sales had been in our neighborhood and helped us sell for top of market. We receive a full list offer in under 48-hours (with 6 others as backups!) and with inspection repairs waived by the purchaser. Sandi helped us choose the perfect time to list our home when it was able to get the most recognition on the market, and showed us how we could reach our financial objectives with the sale. I would absolutely recommend Sandi Crawford to anyone looking to buy or sell a home, as she is the utmost professional in all aspects of what a real estate agent should be. She understands her numbers, understands her market, and understand her people! A+++ representation, start-to -inish!”

Scott · Mechanicsville, VA

Photo of Select Crawford Properties
Keller Williams Richmond West

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Downtown Richmond. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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