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Henrico, VA 23231 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Henrico, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 4545PendingPending sales: 22
Henrico, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $415k$415kSoldMedian sold price (last 6 months): $340k$340k
What homes actually sell for in Henrico, VA
Distribution of 284 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $260k to $424k
$148k to $204k: 25 sales$148k$204k to $261k: 34 sales$261k to $317k: 39 sales$261k$317k to $374k: 67 sales67sales$374k to $430k: 38 sales$374k$430k to $487k: 32 sales$487k to $543k: 13 sales$487k$543k to $600k: 7 salesMedian $340k

What the numbers say

As of October 19, 2026, Resideline is tracking 45 active listings and 2 pending sales in ZIP code 23231. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $414,995, while the median of the 284 closed sales Resideline tracked over the last six months was $340,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23231 for 60 days.

Frequently asked questions

What is the median home price in 23231?

The median closed sale price in Henrico, VA 23231 was $340,000 over the last six months, based on 284 closed sales tracked by Resideline. The middle half of those sales ranged from $260,000 to $424,300.

Is 23231 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 45 active listings in 23231, a pending-to-active ratio of 0.04. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23231 currently looks like a balanced market.

Nearby ZIP code market data

Full Henrico, VA housing market report →

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