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 condo inventory stands at 337 active listings against 183 units under contract and 276 closings over the past 90 days, with a median of 23 days on market and a median sale-to-list ratio of 100%. The median condo sale price is $358,495, reflecting the broader Richmond metro's 3.4% one-year and 47.7% five-year home price appreciation, outpacing the national one-year gain of 1.9%. These local price trends coincide with a 30-year mortgage rate of 7.48%, a 10-year Treasury yield of 5.22%, and metro population growth of 1.06% annually.
AI synthesis of the data on this page · updated Oct 11, 2026 at 12:32 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 345 active condos across the metro, 73 (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 7.48% rate, a median $358K condo with 20% down runs about $2,001/mo in principal & interest — about a $86K 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 | 14 | $306K | $223 |
| Closed | Address | Price | BR | BA | Sqft |
|---|---|---|---|---|---|
| 2026-10-09 | 3616 Daisy Field Walk Unit#A, Richmond · Gayton Village | $372,585 | 2 | 3 | 1,573 |
| 2026-10-09 | 2956 Hathaway Rd Unit#U911, Richmond · Hathaway Tower Condominiums | $311,000 | 3 | 2 | 1,729 |
| 2026-10-08 | 1555 Skirmish Run Dr Unit#1555, Henrico · Stonewall Manor Condominiums | $229,000 | 3 | 2 | 1,041 |
| 2026-10-08 | 1220 Westwood Village Ln Unit#304, Midlothian · Westwood Village At Charter Colony | $315,000 | 2 | 2 | 1,547 |
| 2026-10-08 | 5036 Park Commons Loop, Glen Allen · Park Commons At Twin Hickory | $630,000 | 4 | 3 | 2,796 |
| 2026-10-08 | 3410 Monument Ave Unit#U102, Richmond · Monument Terrace | $370,500 | 2 | 2 | 1,074 |
| 2026-10-07 | 10154 Iron Mill Rd, North Chesterfield · Edgehill Condo | $167,000 | 2 | 2 | 971 |
| 2026-10-02 | 505 N Arthur Ashe Blvd Unit#U3, Richmond | $1,350 | 2 | 1 | 890 |
| 2026-10-02 | 13966 Pagehurst Ter, Midlothian · Pagehurst | $592,000 | 3 | 3 | 2,457 |
| 2026-10-01 | 5100 Monument Ave Unit#804, Richmond · 5100 Monument | $295,500 | 2 | 2 | 1,095 |
Data refreshed 2 seconds ago · Source: Central Virginia Regional MLS (CVRMLS) via Trestle API · Condominium properties only · Richmond City + Henrico + Chesterfield + Hanover.
