Selling a house in Richmond
Richmond is an independent city: it isn’t part of Henrico or Chesterfield County, and it has its own courts, assessor and tax collection. Census Bureau estimates show the city growing from about 226,927 residents in 2020 to 237,257 in 2025, and Zillow’s Home Value Index for the city was about $365,700 in September 2026, up 2.2% from a year earlier.
Trusty House Buyers buys Richmond houses for cash, as-is, in the Fan, the Museum District, Church Hill, Jackson Ward, Northside, Bellevue, Manchester, Randolph and neighborhoods across the Southside.
Richmond housing market snapshot
Here is what the most recent public data shows for the Richmond area. Figures are from the September 2026 releases of each source.
| Measure | Value | Source |
|---|---|---|
| Typical home value (Richmond City) | $365,700 | Zillow Home Value Index (ZHVI, mid-tier, smoothed & seasonally adjusted), Sep 2026 |
| Change in typical value vs. a year earlier | +2.2% | Zillow ZHVI, Sep 2026 vs. Sep 2025 |
| Median days on market, active listings (Richmond County) | 39 days | Realtor.com Residential Data, Inventory Core Metrics, Sep 2026 |
| Share of active listings with a price reduction (Richmond County) | 22% | Realtor.com Inventory Core Metrics, Sep 2026 |
| Median days to pending (Richmond, VA metro) | 13 days | Zillow Research, Sep 2026 |
| Share of listings with a price cut (Richmond, VA metro) | 30% | Zillow Research, Sep 2026 |
| Population, 2025 (Richmond) | 237,257 (2020: 226,927) | U.S. Census Bureau, Vintage 2025 population estimates |
| 1-year home price forecast (Richmond) | −1.3% | Reventure App, Sep 2026 |
| Homes for sale (Richmond) | 410 (+4.5% vs. a year earlier) | Reventure App, Sep 2026 |
| Share of listings with a price cut (Richmond) | 29% | Reventure App, Sep 2026 |
| Home value to income ratio (Richmond) | 5.4x | Reventure App, Sep 2026 |
Homes that sold across the Richmond, VA metro went under contract in a median of 13 days, but the typical active listing in Richmond County had already been on the market 39 days. That gap is usually made up of houses that are overpriced for their condition or need work buyers don’t want to take on.
About 22% of active listings had cut their price, a sign that many sellers are having to come down to find a buyer.
These figures describe the overall market, not your specific house. A cash offer is based on your home’s condition, the repairs it needs and recent comparable sales nearby.
Want to know what your Richmond house is worth to a cash buyer? Get a written offer with no obligation.
Get My Cash OfferOr call or text (912) 978-4404
Selling an older Richmond house
Many Richmond homes are rowhouses and detached houses built between the late 1800s and the 1940s. Large parts of the city are in historic districts where exterior changes need review. Slate and tin roofs, old plumbing and wiring, foundation settling and lead paint are common inspection items.
Zillow showed homes across the Richmond metro going under contract in a median of 13 days in September 2026, but Realtor.com reported a median of 39 days on market for active city listings, and 22% of listings had a price reduction. That gap is mostly houses that need work or are priced above what buyers will pay for their condition.
Richmond sellers we often help
Landlords with rentals near VCU, heirs, owners in historic districts facing costly repairs, and homeowners behind on payments or facing a Virginia trustee sale.
Before you sell in Richmond
Before you sell, check whether your city real estate taxes are current, whether there are open code enforcement cases, and, if the house is in a historic district, whether any past exterior work was approved. If you inherited the home, find out whether someone has qualified as executor or administrator in the Circuit Court. Note: this page covers the City of Richmond; we have separate pages for Henrico and Chesterfield counties.
Read more about how we help in these situations: