Data-backed market note · August 2026
A separate property-type view of attached-home sales, market time, median sale price and supply.
Broad Richmond-area headlines can hide important differences among Richmond city, Henrico County and Chesterfield County. This article keeps those jurisdictions separate and answers one narrow question with one defined public dataset.
The short answer
Henrico recorded the most attached-home sales, the shortest median market time and the lowest months of supply among the three jurisdictions. Chesterfield showed the highest median sale price and longest median market time. Richmond city sat between them on supply, but had the lowest median sale price in this property-type table.
| Measure | Richmond city | Henrico County | Chesterfield County |
|---|---|---|---|
| Closed sales | 38 | 106 | 83 |
| Median days on market | 45 | 36 | 57 |
| Median sale price | $355,000 | $380,017 | $391,590 |
| Months of supply | 3.2 | 2.2 | 3.5 |
Why the distinction matters
A market statistic describes a defined group of listings or homes over a defined period. It does not describe every neighborhood, price band or property type. The useful move is to carry the county signal into a smaller comparison set rather than treating it as a verdict.
For buyers
Attached homes require a second diligence layer beyond county market pace: association finances, rules, insurance, owner-occupancy, special assessments, parking and financing eligibility can change both value and negotiating risk.
Build a property file before changing price or terms: recent same-type sales, current substitutes, listing and price-change history, condition, disclosures, association records when relevant, financing constraints and the cost of the protections you are considering.
For sellers
An attached-home seller should compare against units with similar association obligations, size, parking, updates and building or community position. A county median cannot substitute for those unit-level differences.
Refresh the evidence immediately before launch and again if the response is weaker than expected. The best adjustment is tied to the competitive set and buyer feedback, not to a metro headline or a round-number target.
What this analysis does not prove
This table is for condos and townhouses only. It is not evidence about detached homes, individual associations, concessions or the probability of a particular offer outcome.
It also does not predict the outcome of a particular listing, establish causation, include unreported concessions, or replace legal, tax, lending, inspection or appraisal advice.
See the full report
August 2026 Condo and Townhouse Market: Richmond, Henrico and Chesterfield includes the source table, geography, period and methodology note.
Source: Richmond Association of REALTORS / CVR MLS via ShowingTime. Data period: August 2026. Prepared September 29, 2026 from public data.