Condominium properties only, across the Richmond metro — Richmond City, Henrico, Chesterfield, and Hanover. The current snapshot refreshes every 30 minutes; the quarterly history updates daily.
Richmond-area condominiums are selling at a median of $356,990, closing at exactly 100% of list price with a median of 23 days on market, against a backdrop of 7.37% 30-year mortgage rates and a 10-year Treasury yield of 5.1%. Active condo inventory stands at 344 listings, with 186 units under contract and 269 closed in the past 90 days, reflecting a under-contract-to-active ratio of approximately 54%. Richmond's broader home prices rose 3.4% over the past year and 47.7% over five years, outpacing the national one-year gain of 1.9%, while the metro recorded 1.06% population growth — ranking it fourth among the five mid-Atlantic and Southeast metros shown.
AI synthesis of the data on this page · updated Oct 18, 2026 at 5:45 AMSuccess rate = pending ÷ (active + pending) — the share of listed condos already under contract, and a quick read on demand. Around 50% is balanced; higher leans to a seller’s market, below 40% to a buyer’s. Right now it reads 35% — Strong buyer's market.
Of 349 active condos across the metro, 72 (21%) are 2-over-2 stacked product — part of why the headline count runs high.
Types overlap. A condo can be more than one type — a historic high-rise counts under both Historic and High-rise — so each listing is counted in every type its building carries. Bucket shares therefore add up to more than 100%.
Active condos (Richmond City, Henrico, Chesterfield & Hanover) grouped by each building’s curated Type tags from our building catalog. Months of supply = active listings ÷ trailing-12-month sales pace; under contract = pending ÷ (active + pending); new vs. resale is by year built (CVRMLS doesn’t flag new construction). A condo can hold several types at once, so it’s counted in each. Condos in buildings we haven’t catalogued yet fall into “Uncatalogued,” never guessed into a type.
The mortgage figure is the national average 30-year fixed rate from Mortgage News Daily, shown for context only — it is not a rate quote or a loan offer. Your actual rate depends on your credit score, down payment, loan type and term, property type, occupancy, and lender, and will differ from the number above. Talk to a licensed lender for a personalized quote.
At today’s 7.37% rate, a median $357K condo with 20% down runs about $1,972/mo in principal & interest — about a $84K household income to qualify. P&I only; taxes, insurance & HOA dues are additional.
Each line is a house-price index rebased to 100 ten years ago, so the slopes compare directly. National = S&P Case-Shiller; Virginia & Richmond metro = FHFA All-Transactions HPI. Source: FRED, St. Louis Fed.
Annual population growth for the Richmond metro against fast-growing Southeast peer metros. Source: U.S. Census population estimates via FRED.
Closed condo sale price · trailing 12 months · each band labeled by its lower edge · source: CVRMLS.
Closed condo $/sqft · trailing 12 months · source: CVRMLS.
The RVA Condo Index · median closed condominium value by quarter · Richmond metro · source: CVRMLS.
| Quarter | Closed sales | Median price | Median $/sqft |
|---|---|---|---|
| 2024-Q1 | 204 | $344K | $230 |
| 2024-Q2 | 291 | $367K | $239 |
| 2024-Q3 | 277 | $360K | $247 |
| 2024-Q4 | 297 | $365K | $241 |
| 2025-Q1 | 187 | $320K | $240 |
| 2025-Q2 | 314 | $346K | $245 |
| 2025-Q3 | 297 | $345K | $242 |
| 2025-Q4 | 285 | $350K | $244 |
| 2026-Q1 | 240 | $346K | $231 |
| 2026-Q2 | 408 | $355K | $242 |
| 2026-Q3 | 300 | $358K | $243 |
| 2026-Q4 | 28 | $330K | $219 |
| Closed | Address | Price | BR | BA | Sqft |
|---|---|---|---|---|---|
| 2026-10-15 | 5100 Monument Ave Unit#607, Henrico · 5100 Monument | $204,000 | 1 | 1 | 740 |
| 2026-10-15 | 11116 Lantern Way, North Chesterfield · Harvest Glen | $476,500 | 3 | 2 | 1,876 |
| 2026-10-15 | 6728 Welara Run, Moseley · Greenwich Walk At Foxcreek | $560,650 | 3 | 3 | 2,717 |
| 2026-10-15 | 12425 Donahue Rd, Glen Allen · Dominion Park At Wyndham | $745,000 | 6 | 5 | 3,411 |
| 2026-10-15 | 2810 Kensington Ave Unit#U10, Richmond · None | $245,000 | 1 | 1 | 732 |
| 2026-10-15 | 13236 Brattice Loop, Midlothian · Coalfield Station | $344,235 | 3 | 3 | 1,573 |
| 2026-10-15 | 3117 Stony Point Rd Unit#C, Richmond · Bluffs Condo | $420,000 | 3 | 3 | 2,088 |
| 2026-10-14 | 3900 Maze Runner Dr Unit#403, Midlothian · Wescott | $290,000 | 2 | 2 | 1,302 |
| 2026-10-13 | 7801 Oak Grove Tree Dr, Chesterfield · None | $429,000 | 4 | 4 | 2,352 |
| 2026-10-13 | 7312 Norwood Pond Pl, Chesterfield · Villas Of Norwood Pond | $364,999 | 2 | 2 | 1,582 |
Data refreshed 1 second ago · Source: Central Virginia Regional MLS (CVRMLS) via Trestle API · Condominium properties only · Richmond City + Henrico + Chesterfield + Hanover.
