Henrico County Real Estate Market Update – July 2026
Inventory, Prices, and Trends Every Henrico Buyer and Seller Should Know
Henrico County’s single-family market was fast and tight in July 2026. Central Virginia Regional MLS recorded 287 single-family closed sales in Henrico County, down 2.0% from July 2025, at a median sales price of $475,000, up 11.8% year over year – the largest one-year price gain of any locality in the CVR MLS report this month. Henrico homes sold in a median of 16 days, down 11.1% from a year earlier, and months supply of inventory stood at 1.5, down 11.8%. For context, the wider Richmond Metro area recorded 1,049 single-family closed sales at a median of $460,000, a median 19 days on market, and 1.8 months of supply. This report covers Henrico closed sales, median sales price, days on market, and months supply, how the county compares with the metro, and a full FAQ.
Table of Contents
- How Many Homes Sold in Henrico County in July 2026
- Median Sales Price and the One-Year Change
- Days on Market in Henrico County
- Is Henrico a Buyer’s or Seller’s Market Right Now?
- How Henrico Compares With the Richmond Metro Area
- What July’s Numbers Mean for Henrico Buyers and Sellers
- Frequently Asked Questions
Henrico County posted the strongest one-year price gain in the Central Virginia Regional MLS single-family report for July 2026. The county’s median sales price reached $475,000, up 11.8% from July 2025, on 287 closed sales, which was down 2.0% year over year.
Henrico was also the fastest of the localities in the report. Single-family homes there went under contract in a median of 16 days, down 11.1% from a year earlier, while months supply of inventory – the CVR MLS measure of how long it would take to sell everything currently listed – sat at 1.5, down 11.8%.
Henrico’s economy remains anchored by major employers including Capital One’s West Creek campus, Bon Secours Richmond Health System, Henrico County Public Schools, and a growing retail and logistics sector near I-64 and I-295. Below, the Mission Realty Team walks through each July 2026 CVR MLS single-family figure for Henrico County and what it means if you are buying or selling here.
How Many Homes Sold in Henrico County in July 2026?
Central Virginia Regional MLS recorded 287 single-family closed sales in Henrico County in July 2026, down 2.0% from July 2025. That is a small decline rather than a slowdown, and it came alongside the county’s sharp jump in median price.
By comparison, the Richmond Metro area as a whole recorded 1,049 single-family closed sales, up 0.5% year over year. Henrico accounted for a meaningful share of metro activity, second among the localities in the report behind Chesterfield County.
Closed sales count transactions that actually settled during the month, so July’s total mostly reflects contracts written in May and June. With months supply at 1.5, the modest dip in closings looks more like a shortage of homes to buy than a shortage of buyers.
What Is the Median Sales Price in Henrico County This Month?
Henrico County’s median sales price for single-family homes was $475,000 in July 2026, up 11.8% from July 2025. That was the largest one-year median price increase of any locality in the CVR MLS single-family report for the month.
The figure also puts Henrico above the Richmond Metro median of $460,000, which rose 2.2% over the same period. A double-digit move in a county median usually reflects both price growth and a shift in the mix of homes that closed, so it should be read as a market-wide indicator rather than as the change in value of any single home.
CVR MLS notes that its percent changes are calculated using rounded figures. The report publishes Henrico County as a whole and does not break out neighborhood or ZIP-level medians, so a countywide median is the most specific price figure available from this source.
How Long Are Homes Taking To Sell in Henrico County?
Single-family homes in Henrico County spent a median of 16 days on market in July 2026, down 11.1% from July 2025. That was the shortest median days on market of any locality in the CVR MLS report for the month.
The Richmond Metro median was 19 days, down 13.6% year over year. Henrico is therefore moving faster than the metro average, and faster than it was moving a year ago.
Days on market is a median, which means half of the single-family homes that closed in Henrico took longer than 16 days. Pricing, condition, and presentation still decide which side of that median a listing lands on.
Is Henrico County a Buyer’s or Seller’s Market in 2026?
By the CVR MLS inventory measure, Henrico County is a seller’s market. Months supply of inventory for single-family homes was 1.5 in July 2026, down 11.8% from a year earlier.
Months supply estimates how long it would take to sell every home currently listed at the recent pace of sales. Henrico’s 1.5 reading is tighter than the Richmond Metro figure of 1.8, and it fell over the year rather than rising, meaning supply got tighter rather than looser.
The CVR MLS single-family Sortable Statistics report does not publish a count of active listings, so months supply is the inventory metric to watch. A falling months supply reading alongside the county’s 16-day median days on market points to buyers competing for a limited pool of homes.
How Does Henrico County Compare With the Richmond Metro Area?
Henrico led the Richmond Metro area on price in July 2026. The county median of $475,000 came in above the metro median of $460,000, and Henrico’s 11.8% one-year gain far outpaced the metro’s 2.2%.
Henrico was also faster and tighter. Its 16-day median days on market beat the metro’s 19 days, and its 1.5 months of supply was below the metro’s 1.8 months. On volume, the county’s 287 closed sales were down 2.0% while metro closings of 1,049 were up 0.5%.
All of these are Central Virginia Regional MLS single-family figures for July 2026. Chesterfield, Hanover, Goochland, and Powhatan counties and Richmond City are reported separately by CVR MLS and are covered in the Mission Realty Team’s other monthly reports.
What Do July’s Numbers Mean for Henrico Buyers and Sellers?
For buyers, Henrico in July 2026 was the fastest and one of the tightest markets in the CVR MLS report. A 16-day median days on market and 1.5 months of supply mean strong listings do not sit long, and being pre-approved before you tour matters.
For sellers, a county median of $475,000 and an 11.8% one-year gain are encouraging, but they are countywide figures rather than a valuation. What sold, in what condition, and on which street matters far more than a county median.
Financing costs remain higher than they were before 2022, and that continues to shape what buyers can offer. Rate buydowns, builder incentives on new construction, and seller-paid closing cost concessions are still common tools for bridging the gap, and whether they make sense depends on the specific property and buyer.
| Area (Single Family, July 2026) | Closed Sales | Closed Sales 1-Yr Chg | Days on Market | Days on Market 1-Yr Chg | Median Sales Price | Median Price 1-Yr Chg | Months Supply of Inventory | Months Supply 1-Yr Chg |
|---|---|---|---|---|---|---|---|---|
| Henrico County | 287 | – 2.0% | 16 | – 11.1% | $475,000 | + 11.8% | 1.5 | – 11.8% |
| Richmond Metro | 1,049 | + 0.5% | 19 | – 13.6% | $460,000 | + 2.2% | 1.8 | – 5.3% |
Frequently Asked Questions About the Henrico County Real Estate Market
What is the median home price in Henrico County in July 2026?
The median sales price for single-family homes in Henrico County was $475,000 in July 2026, up 11.8% from July 2025, according to Central Virginia Regional MLS. That was the largest one-year median price gain of any locality in the CVR MLS single-family report for the month.
How many homes sold in Henrico County in July 2026?
Central Virginia Regional MLS recorded 287 single-family closed sales in Henrico County in July 2026, down 2.0% from July 2025. Across the wider Richmond Metro area there were 1,049 single-family closed sales, up 0.5% year over year.
Is Henrico a buyer’s market or a seller’s market in 2026?
By the CVR MLS inventory measure it is a seller’s market. Months supply of inventory for single-family homes in Henrico County was 1.5 in July 2026, down 11.8% from a year earlier, and tighter than the Richmond Metro figure of 1.8 months.
How long does it take to sell a house in Henrico County?
Single-family homes in Henrico County spent a median of 16 days on market in July 2026, the shortest of any locality in the CVR MLS report that month. The Richmond Metro median was 19 days. Both are medians, so half of the homes that closed took longer.
Are Henrico homes selling faster than they were a year ago?
Yes. Median days on market for single-family homes in Henrico County fell 11.1% year over year, to 16 days, according to Central Virginia Regional MLS. Across the Richmond Metro area the median fell 13.6%, to 19 days.
How much have Henrico County home prices risen in the past year?
Henrico County’s median sales price for single-family homes rose 11.8% year over year as of July 2026, to $475,000. CVR MLS calculates its percent changes using rounded figures, and a change in a county median reflects the mix of homes that closed as well as price movement.
How much housing inventory is available in Henrico County?
The CVR MLS single-family report measures inventory as months supply rather than as a count of active listings. In July 2026 Henrico County months supply was 1.5, down 11.8% year over year, compared with 1.8 months across the Richmond Metro area.
What does months supply of inventory mean?
Months supply estimates how long it would take to sell every home currently on the market at the recent pace of sales, so a lower number means tighter supply. Henrico County was at 1.5 months in July 2026, down from a year earlier.
How does Henrico County compare with the Richmond Metro area?
In July 2026 Henrico County had the higher median sales price, $475,000 against $460,000 for the Richmond Metro area, and a much stronger one-year price change, up 11.8% against up 2.2%. Henrico was faster, at a median 16 days on market versus 19, and tighter, at 1.5 months of supply versus 1.8. On volume, Henrico closed sales were down 2.0% while metro closed sales were up 0.5%.
Do these Henrico figures include condos and townhomes?
No. Every figure in this report is for single-family homes only, as reported by Central Virginia Regional MLS. Condo and townhome activity is tracked separately and is not included here.
Are there separate figures for Short Pump, Glen Allen, or Varina?
Not in this source. The CVR MLS Housing Market Sortable Statistics report used here publishes Henrico County as a whole and does not break out neighborhood or ZIP-level figures. For a specific area, the Mission Realty Team can run a comparable sales analysis at (804) 601-4960.
Should I sell my Henrico home now or wait until fall?
Conditions in July 2026 favored sellers, with months supply at 1.5, a median 16 days on market, and a county median sales price of $475,000, up 11.8% year over year. Whether waiting helps you depends on your own plans rather than on a county median. The Mission Realty Team recommends a comparable sales analysis on your specific address before you list.
Are home prices in Henrico County expected to drop in 2026?
The Mission Realty Team does not publish price forecasts. What the July 2026 CVR MLS data shows is a Henrico median up 11.8% year over year with months supply tightening to 1.5 months. Future prices depend on factors this report does not measure.
Where does this Henrico market data come from and how often is it updated?
Every figure comes from the Central Virginia Regional MLS Housing Market Sortable Statistics report, single-family closed sales for July 2026, current as of August 10, 2026. CVR MLS publishes these figures monthly, so the numbers will change with the next release.
Get a Free Henrico County Market Analysis
Whether you are eyeing western Henrico or exploring more affordable options in the eastern end of the county, the Mission Realty Team can walk you through exactly what this month’s CVR MLS single-family figures mean for your plans. Contact the Mission Realty Team today at (804) 601-4960 for a free Henrico County home valuation or buyer strategy session.
