Chesterfield and Henrico Counties Market Report – This Month 2020
Welcome to this month’s Richmond, Virginia metro area real estate market report, including the counties of Chesterfield, Hanover, Henrico, and Richmond City. If you are thinking of buying or selling a home, this helpful report will get you up to date about the housing market in the Richmond metro area.
Are you planning to buy a home soon? Begin your adventure here by using our free search tool to find homes by price, size, or location. Once you find homes you like, be sure to save your searches and sign up to be notified as soon as new properties become available. Don’t miss out! Give us a call and we can answer all your home buying questions.
Are you ready to downsize, relocate, or cash in on your investment of your home? If you are ready to sell the first step is to know your home’s market value. Get started by using our free home valuation tool, simply enter some basic information about your property and we will provide you an estimate of its current value. Then we can show you how we market and sell properties quickly to net you the most amount of money. Get started today!
Contents
- 🏠 Chesterfield, Hanover, Henrico, & Richmond City Housing Market Quick Stats
- 🏠 Chesterfield, Hanover, Henrico, & Richmond City Condo Stats Quick Stats
- 📊 Local Market Insight Reports
- 📰 Market Reports from 2020
- 📰 Market Reports from 2019
- 📑 Market Reports from 2018
- 📋 Market Reports from 2017
- 📍 Browse by Location
- 🏡 Richmond Metro Area Homes for Sale
- 🏡 Chesterfield County Homes for Sale
- 🏡 Henrico County Homes for Sale
🏠 Chesterfield, Hanover, Henrico, & Richmond City Housing Market Quick Stats
The average sale price for single-family homes in the Richmond metro ended October 2020 at $361,491, an increase of 17.1% from $308,815 one year ago.
There were 1,458 single family units sold during October, 1,435 listings went under contract, and 1,631 new listings became available in Chesterfield, Hanover, Henrico, and Richmond City.
Homes in those areas stayed on the market for an average of 20 days until being sold, sellers received 101.1% of their list price when their property sold, and there is only 1.1 month of housing inventory available in the Richmond metro area.
READ THE IN-DEPTH MARKET REPORT HERE!
🏠 Chesterfield, Hanover, Henrico, & Richmond City Condo Stats Quick Stats
The average sale price for condos in Richmond ended October at $289,300, a 8.3% rise in price from $267,082 one year ago.
There were 288 condos sold during October, 264 pending sales, and 259 new listings hit the market.
In Chesterfield, Henrico, Hanover, and Richmond City, condos stayed on the market an average of 26 days before being sold, sellers were getting 99.9% of their list price at closing, and there is only 1.5 months of condo inventory available.
READ THE IN-DEPTH MARKET REPORT HERE!
Home Buying and Selling During the Coronavirus Pandemic
READ THE IN-DEPTH MARKET REPORT HERE!
📊 Local Market Insight Reports
📰 Market Reports from 2020
| January 2020 | February 2020 |
| March 2020 | April 2020 |
| May 2020 | June 2020 |
| July 2020 | August 2020 |
| September 2020 | October 2020 |
📰 Market Reports from 2019
| January 2019 | February 2019 |
| March 2019 | April 2019 |
| May 2019 | June 2019 |
| July 2019 | August 2019 |
| September 2019 | October 2019 |
| November 2019 | December 2019 |
📑 Market Reports from 2018
| January 2018 | February 2018 |
| March 2018 | April 2018 |
| May 2018 | June 2018 |
| July 2018 | August 2018 |
| September 2018 | October 2018 |
| November 2018 | December 2018 |
📋 Market Reports from 2017
| October 2017 | November 2017 |
| December 2017 |
📍 Browse by Location
| Chesterfield | Midlothian |
| Henrico | Hanover |
| Richmond | Fan District |
| Church Hill |
Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.
🏡 Richmond Metro Area Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for Richmond Metro Area – all homes here are priced at $361,491 or less.
🏡 Chesterfield County Homes for Sale
Here are the most recent home listings just added to the database in the average price range for Chesterfield County, all homes are priced at $312,00 or less.
🏡 Henrico County Homes for Sale
Here are the most recent home listings just added to the database in the average price range for Henrico County, all homes are priced at $295,000 or less.
