The story of this market
The typical home in Henrico County, Virginia sells for about $417,334, or $237 per square foot.
Prices are up +3.4% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. Over the long run, values in this county have grown 179% since 2000. Last year 59 of 75 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,651 a month.
HUD sets the fair market rent for a 2-bedroom at $1,651 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+3%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+15.9%). Worst: 2010 (-6.1%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,039
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3%
2025 change
FHFA repeat-sales index, median of 75 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
12
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $57,775,862.
Mortgage activity
Home lending in this county
76.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 17188 | 8984 | 76.9% | 6.2% | $235,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Henrico County, Virginia
Henrico County's housing market shows steady growth with a 3.4% year-over-year increase in median sale prices. Demand remains resilient, supported by a stable local economy and consistent inventory levels, though buyers face a competitive environment with limited supply.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 10 cities · 14 ZIP reports
Median prices moved up 5.0% year over year.
Homes spend a median of 31 days on market with 0.2 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 51.74% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.5% — a stable, low-distress profile.
Deterministic aggregate of 14 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Henrico County, Virginia — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Sep 19, 2026.
researched Sep 16
researched Sep 16
researched Sep 16
researched Sep 17
researched Sep 20
researched Sep 20
researched Sep 20
researched Sep 16
researched Sep 16
researched Sep 16
| 23059 | Glen Allen | $585,000 | $215 | +3.4% | 33 | 100.1% | 12% | 3.2 | 113 | $1,900 | researched Sep 16 |
| 23060 | Glen Allen | $384,800 | $206 | +14% | 26 | 100% | — | 2.3 | 15,080 | $1,782 | researched Sep 16 |
| 23075 | Highland Springs | $338,000 | $210 | -8.1% | 36 | — | — | — | 26 | $1,249 | researched Sep 16 |
| 23150 | Sandston | $343,515 | $238 | +3.4% | 36 | — | — | 2 | 81 | $1,145 | researched Sep 17 |
| 23223 | Henrico (Unincorporated County Area) | $364,918 | $232 | +10.6% | 19 | — | — | — | 222 | $1,287 | researched Sep 20 |
| 23228 | Richmond | $350,000 | $239 | +5.6% | 40 | 100% | 16.4% | — | — | $1,451 | researched Sep 20 |
| 23229 | Richmond | $527,500 | $243 | +4.8% | 26 | 100.5% | 14.2% | 2.1 | 185 | $1,438 | researched Sep 20 |
| 23231 | Richmond | $395,000 | $235 | 0% | 36 | 100% | — | — | 135 | $1,361 | researched Sep 16 |
| 23233 | Henrico (Unincorporated County Area) | $545,000 | $241 | +3.4% | 13 | 100% | — | — | 113 | $1,832 | researched Sep 16 |
| 23238 | Henrico (Unincorporated County Area) | $599,000 | $235 | +24.3% | 35 | 98.5% | 15% | 3.2 | 306 | $1,735 | researched Sep 16 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Henrico County maintains a robust economic development pipeline, supported by its strategic location in the Richmond metro area and ongoing investments in corporate infrastructure and community services.
Real estate assessments are conducted by the county, with tax rates and fee schedules approved annually by the Board of Supervisors; non-confidential assessment records are public information under Virginia Code 58.1-3122.2.
The county's economy is anchored by a diverse mix of sectors including healthcare, finance, and retail, with significant momentum driven by ongoing corporate investment.
The county is served by major highway corridors including I-64, I-95, and I-295, facilitating regional connectivity within the Richmond metropolitan area.
The Henrico County Real Estate Division manages property assessments, ensuring data is available for public review in accordance with state law.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A large regional park offering extensive trails, sports fields, and recreational facilities for residents.
A major open-air shopping and dining destination serving as a primary commercial anchor for the county.
A nationally recognized botanical garden featuring diverse plant collections and seasonal events.
Data retrieved from data.census.gov; figures reflect county-wide aggregates.