The typical home value in
Short Pump
is projected to be
$540,000
for the month of
September.
August’s
finalized data reported the typical value of a home in the
city
to be
$550,000—up
11.11%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$389,060
in
Henrico County
for the most recent reporting period.
That number is expected to float around
$376,080
in
September.
Short Pump
had
42
new listings and
32
listings that went under contract in
August,
decreasing
the area’s total available inventory to
56—down
5.08%
from the previous month. Inventory is projected to have further
decreased
in
September.
Of those
56
active listings,
28.57%
reduced their price in the month of
August.
The median listing price for homes in
Short Pump
fell
14.63%
from
July
to
August,
bringing the current median listing price to
$478,080.
Based on projected data for
September,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
fell sharply
year-over-year. In
August 2025,
the median time for a listed property to go pending was
24
days, compared to
29
days in
August 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
September.
