OwnRVA Public Research · August 2026
Updated: September 30, 2026. Published: September 29, 2026.
A jurisdiction-by-jurisdiction read of closed sales, market time, median sale price and months of supply for detached single-family homes.
Question this report answers
Where was the tightest single-family market in August 2026?
Concise answer
Richmond city posted the lowest reported single-family supply at 1.4 months, while Henrico had the shortest median market time at 18 days. Chesterfield had the largest sales count and highest median sale price of the three. Those are separate signals: volume, price, pace and available supply should not be collapsed into one ranking.
What the source reports
| Measure | Richmond city | Henrico County | Chesterfield County |
|---|---|---|---|
| Closed sales | 163 | 229 | 372 |
| Median days on market | 26 | 18 | 22 |
| Median sale price | $403,500 | $425,000 | $453,975 |
| Months of supply | 1.4 | 1.6 | 1.9 |
How to read the result
Richmond city posted the lowest reported single-family supply at 1.4 months, while Henrico had the shortest median market time at 18 days. Chesterfield had the largest sales count and highest median sale price of the three. Those are separate signals: volume, price, pace and available supply should not be collapsed into one ranking.
Decision context
Richmond city posted the lowest reported single-family supply at 1.4 months, while Henrico had the shortest median market time at 18 days. Chesterfield had the largest sales count and highest median sale price of the three. Those are separate signals: volume, price, pace and available supply should not be collapsed into one ranking. This is a dated county-level signal, not a property-level recommendation or forecast. Before acting, compare the home with same-type current competition and recent closed sales, then account for location, condition, concessions, association terms, financing and timing. The source period, geography and property-type definition should stay attached to the conclusion so a broad market statistic is not mistaken for proof about one home. It does not replace appraisal, inspection, lending, tax, legal, association, insurance or title advice, and it does not establish why a listing changed, whether a contract will close, or how any individual buyer or seller should proceed.
What buyers can do with it
A buyer can use this comparison to set the first layer of timing expectations, then narrow to same-type homes in the target neighborhood and price band. County-level supply does not tell you whether one new listing will receive multiple offers, appraise, or need repairs.
What sellers can do with it
A seller can use the snapshot as a context check, not a pricing formula. The useful next step is to compare the property with recent same-area closings, current substitutes and pending competition, then account for condition, updates, lot, location and concessions.
Method and limits
The source is an August 2026 CVR MLS snapshot distributed by the Richmond Association of REALTORS. It covers reported single-family activity for each jurisdiction and should not be blended with the separate condo/townhouse table.
Values were extracted from the provider's public county-level file or report, normalized to a common jurisdiction label, and checked for duplicate jurisdiction-period records. No client MLS export or private customer data were used. Provider definitions remain authoritative and may be revised.
Source access: Richmond Association of REALTORS / CVR MLS via ShowingTime. Public source snapshot assembled September 29, 2026. Remote acquisition time is not independently attested; local persistence time and file hash are retained in the preparation ledger.
Frequently asked questions
Where was the tightest single-family market in August 2026?
Richmond city posted the lowest reported single-family supply at 1.4 months, while Henrico had the shortest median market time at 18 days. Chesterfield had the largest sales count and highest median sale price of the three. Those are separate signals: volume, price, pace and available supply should not be collapsed into one ranking.
Can this county-level result predict the outcome for one property?
No. The source is an August 2026 CVR MLS snapshot distributed by the Richmond Association of REALTORS. It covers reported single-family activity for each jurisdiction and should not be blended with the separate condo/townhouse table. A property-specific decision still requires current same-type comparisons, condition, terms and location.
Michela Worthington