Home Sales Bottom in Henrico County Real Estate Market

The Henrico County market reached a low in the last 30 days, continuing a 10-week trend. Sales shrank 1.9% to 361 homes, the lowest amount since April. In comparison, Chesterfield County led all other nearby counties with 417 sales. Potential buyers should note that prices went up in Henrico County, with the median for this period rising from $215,500 to $220,000. There are only three months of inventory available in Henrico County, so it's still seller's market, even with the shrinking sales numbers.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Henrico County:

$104K   $105K   $105K  

Get started right now by checking out Henrico County homes for sale or reviewing Henrico County real estate trends.

Demographic facts about Henrico County:

  • The average elevation is 142 feet.
  • The median income is $63,612 per household.
  • There are 357 students for every counselor. (513 = national average)

Data reported through 10/12/2016

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Justin Toney Realty, LLC
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