44Alpha

Richmond City County, VA Housing Market Brief

county · VA · as of May 2026

Balanced

What is Richmond City County, VA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-5.047
Inventory Health25%
+3.156
Affordability20%
6
Economic Strength20%
-2.960
Rental Yield15%
52

Where is Richmond City County, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Richmond City County, VA is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Richmond City County, VA housing market data

MetricValueYoY
Median Sale Price$426K-3.3%
Median Days on Market12 days-14.3%
Months of Supply1.2-25%
Homes for Sale375-19.5%
Homes Sold304▲ +6.3%
Median Price / Sq Ft$272▲ +5.9%
Sale-to-List Ratio102.8%▲ +0.6%

How has Richmond City County, VA’s Alpha Score moved?

Now: 44
3-period trend
Median sale price · 12 mo

Markets like Richmond City County, VA

Frequently asked questions

Is Richmond City County, VA a buyer's or seller's market?

As of May 2026, Richmond City County, VA is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Richmond City County, VA?

The median sale price in Richmond City County, VA is $426K, having fallen 3.3% over the past year.

How affordable is Richmond City County, VA?

Richmond City County, VA scores 6 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Richmond City County, VA's Alpha Score?

Richmond City County, VA's strongest dimension is Economic Strength (60/100) and its weakest is Affordability (6/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Richmond City County, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.