Richmond City County, VA Housing Market Brief
county · VA · as of July 2026
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.
Where is Richmond City County, VA in its market cycle?
Richmond City County, VA is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Richmond City County, VA?
Our model forecasts Richmond City County, VA’s home prices to rise about 2.9% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Richmond City County, VA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $426K | ▼ -3.3% |
| Median Days on Market | 12 days | ▼ -14.3% |
| Months of Supply | 1.2 | ▼ -25% |
| Homes for Sale | 375 | ▼ -19.5% |
| Homes Sold | 304 | ▲ +6.3% |
| Median Price / Sq Ft | $272 | ▲ +5.9% |
How has Richmond City County, VA’s Alpha Score moved?
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Frequently asked questions
Is Richmond City County, VA a buyer's or seller's market?
As of July 2026, Richmond City County, VA is classified as a Balanced Market, based on its Alpha Score of 46 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 10 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 (58/100) and its weakest is Affordability (10/100). 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.