Richmond City County, VA Housing Market Brief
county · VA · score computed October 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.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Richmond City County, VA in its market cycle?
Richmond City County, VA is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Richmond City County, VA?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Richmond City County, VA housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $387K | ▲ +1.7% | Redfin |
| Median Days on Market | 18 days | ▼ -10% | Redfin |
| Months of Supply | 2.5 | ▼ -16.7% | Redfin |
| Homes for Sale | 502 | ▼ -4.2% | Redfin |
| Homes Sold | 204 | ▲ +18.6% | Redfin |
| Median Price / Sq Ft | $265 | ▲ +6.8% | Redfin |
How has Richmond City County, VA’s Alpha Score moved?
Markets like Richmond City County, VA
Frequently asked questions
Is Richmond City County, VA a buyer's or seller's market?
In the scores computed October 2026, Richmond City County, VA is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, building, 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 $387K, having risen 1.7% over the past year, according to Redfin.
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 Inventory Health (93/100) 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.