Find the right real estate agent in Richmond.

Richmond sits at the intersection of Southern charm and mid-Atlantic economic power, a state capital with a corporate headquarters density that punches well above its weight. Capital One Financial, CarMax, Altria Group, Dominion Energy, Markel Corporation, and Owens & Minor are all headquartered in the metro, creating a white-collar employment base that drives consistent housing demand. VCU and VCU Health System together employ over 20,000 people and anchor a medical and research corridor in the city's center. The proximity to Washington, DC, 110 miles by I-95, roughly 90 minutes in light traffic, makes Richmond increasingly attractive to federal employees, government contractors, and remote workers who need occasional access to the capital but cannot afford the Northern Virginia or DC housing market.

The housing market reflects this demand. At $400,000 median with 5.4% year-over-year appreciation, 30-day average time on market, and just 1.8 months of inventory, Richmond is firmly in seller's market territory. Multiple offers are common, especially in high-demand areas like The Fan, Short Pump, and Midlothian. Unlike many Sun Belt markets that experienced pandemic-era spikes followed by corrections, Richmond's growth has been steadier, it avoided the extreme volatility of Austin or Phoenix and is now appreciating faster than either. Realtor.com named it a top housing market for 2026, projecting continued price growth driven by employment strength and limited supply.

The critical decision for Richmond buyers is city vs. county, and it's not just about preference. Richmond is an independent city, legally separate from Henrico County to the north and Chesterfield County to the south. Each jurisdiction has its own tax rates, school system, and services. The Fan, Carytown, and Church Hill offer walkable urban living with historic character, but Richmond city property taxes are notably higher than the surrounding counties and the public school system, while improving, generally ranks below Henrico and Chesterfield. Short Pump and Glen Allen in Henrico County offer top-rated schools and lower taxes but suburban character. Midlothian in Chesterfield County splits the difference with newer construction and competitive schools at moderate tax rates. An agent who understands these jurisdictional trade-offs, tax implications, school boundaries, the gentrification trajectory of city neighborhoods, and the commute math from each area to major employers, is the difference between a smart Richmond purchase and a costly mismatch.