We buy houses in Richmond, VA
We buy houses in Richmond, VA for cash, in any condition. You pay no agent commissions and make no repairs before you sell. We buy with our own money, so we can commit to a closing date. Market figures below cover August 2026 and were last refreshed on September 17, 2026.
The typical home in Richmond, VA is worth around $395,000, above the national typical value of $369,000. That value is up about 2.6% over the past year. It is a market-wide figure. A house that needs major work sits well below it, and a renovated one sits above.
The Richmond market right now
- Typical home value
- $395,000
- Days to go under contract
- 26 days
- Listings cutting their price
- 28.4%
- Compared to nationally
- 7% higher
- Homes for sale
- 3,591
- New listings a month
- 1,552
- Months of supply
- 2.5
- Sales closing below asking
- 31.6%
+2.6% over the past year
About the same as a year ago
+1.4% vs. a year ago
National typical value is $369,000
+7% vs. a year ago
+5% vs. a year ago
Tight market, limited buyer choice
Nationally 50.0%
Richmond, VA housing figures for August 2026, except the share closing below asking, which Zillow publishes a month behind and covers July 2026. Last refreshed September 17, 2026. Source: Zillow Research. Months of supply is calculated here as for-sale inventory divided by the monthly sales count. These are market-wide figures, not a valuation of any individual property.
What the Richmond numbers mean for your sale
Houses here go under contract in about 26 days on average. That is quick, since the national figure is closer to 53 days. At this pace, a house in good shape with a sensible price usually sells the normal way without much trouble. So if your house shows well and you have no deadline, listing it in Richmond will likely net you more than a cash sale. We would rather tell you that than talk you out of it.
About 28.4% of listings in Richmond have cut their asking price, close to the national share of 26.4%. That is a normal amount of repricing. Neither buyers nor sellers have a clear edge right now.
About 31.6% of homes that sold in Richmond closed below their asking price. That is below the national share of 50.0%, so sellers here hold their asking price more often than most. This is different from the price cut figure above. That one counts sellers who lowered the price before a buyer showed up. This one counts sellers who took less than the asking price in the final deal. A house can avoid the first and still end up in the second.
There are about 3,591 homes for sale in Richmond right now, and roughly 1,552 new listings in a typical month. At the current sales pace, that is about 2.5 months of supply. That is a tight market: buyers have few choices, and a house in good shape holds its ground. That is about 7% more houses for sale than a year ago, so the competition for buyers is growing. If your house shows well, that scarcity works for you, and listing deserves serious thought.
At roughly $395,000, Richmond sits close to the national typical value. Neither the commission saving nor the repair cost dominates the way it does at the extremes. Here the deciding factor is usually condition and timeline, not price level. Values are also up about 2.6% year over year. If you are not in a hurry, waiting is a real option to weigh against the cost of holding.
If timing is your main question, see how long it takes to sell a house in Richmond. It goes stage by stage, including what a normal sale adds after the house goes under contract.
If the real question is whether you can afford to keep it, see what it costs to own a home in Richmond. That includes what owners with no mortgage left still pay.
When selling for cash still makes sense in a fast market
Richmond moves quickly enough that a house in good shape does not need us. We are still the better answer when the house cannot be shown well. That means major repairs you will not pay for, a tenant in place, an inherited house full of belongings, or a probate timeline. It also means a deadline that a 30-to-60-day mortgage approval cannot meet. Speed and certainty are what we sell. In a market this quick, only buy them if you really need them.
Selling a house in Richmond, step by step
Tell us about the house, and your number
The address, a rough idea of its condition, and what you need to get for it. No photos, appraisal, or repair estimates needed, and nothing has to be cleaned up first.
About 2 minutes
We check whether your number works
We look up recent sales of similar homes nearby and see the house ourselves. Then we check the math against your number. It takes one walkthrough, at a time that suits you, and we pay for any inspection.
Usually within 24 to 48 hours
You get a straight answer, not a pitch
Either yes, we can do your number, or no, we cannot, and here is exactly where the gap is. You get it in writing, with no pressure and no deadline games. If it works, a title company handles closing and you pick the date.
Close in about 1 to 3 weeks, or later if you prefer
Sell for cash or list it in Richmond?
The honest comparison, including the row that does not favor us.
| Selling to us | Listing with an agent | |
|---|---|---|
| Commissions and fees | None. We are the buyer. | Typically 5 to 6 percent of the sale price |
| Repairs before selling | None. We buy as-is. | Usually required, plus whatever the inspection turns up |
| Cleaning and showings | None. One walkthrough. | Ongoing, on a stranger's schedule |
| Who pays closing costs | We cover the standard costs | Commonly split, varies by state |
| Time to close | About 1 to 3 weeks, or a date you pick | Roughly 30 to 60 days after a buyer's offer is accepted |
| Risk of the sale falling through | Low. No lender involved. | Real. A failed loan or a low appraisal can end it. |
| Likely sale price | Below full retail | Full market value if the house shows well |
The last row is the trade-off, and we will not hide it. Selling to a cash buyer gets you speed, certainty, and no repairs at all. If your house is in good shape and you can wait, listing it will usually get you more money.
Markets near Richmond
We buy across this whole region, including the towns between these metros.
- Virginia Beach, VA92 mi
- Washington, DC104 mi
- Baltimore, MD127 mi
- Durham, NC128 mi
- Raleigh, NC133 mi
- Greensboro, NC160 mi
Counties in Virginia with their own page: Fluvanna County, Appomattox County.
Selling a house in Richmond
- How fast can you buy my house in Richmond?
- Usually about one to three weeks after we agree on a price, once title comes back clear. The title search and any loan payoff statements set that pace, not the money. If you would rather close later, pick the date and we will hold it.
- Do you buy houses that need major repairs in Richmond?
- Yes, and those are often where we help most. Roof, foundation, plumbing, fire or water damage, mold, or a remodel someone left half done. You do not need to fix or clean anything, or get repair quotes.
- What is a house in Richmond actually worth right now?
- The typical home across the Richmond, VA market is worth about $395,000. Houses there take around 26 days to go under contract. Those figures cover every condition and neighborhood, so treat them as context, not an estimate for your address.
- Are there any fees to sell to you in Richmond?
- None. We are the buyer, not an agent, so there is no commission. There is no fee to hear our number or to turn it down. We pay the standard closing costs. Property taxes are prorated to the closing date, and any mortgage or lien payoffs come out of the sale money.
- Do you buy rental properties with tenants in Richmond?
- Yes. The lease transfers with the property, so your tenants stay put. You do not need to evict anyone or wait for a lease to end. Bring the current leases and the deposit records, and we can move quickly.
Tell us what you need for your Richmond house
Two minutes to ask, no obligation, and no fee whatever you decide. If we are not the right answer, we will say so.
Sabrina usually picks up. (615) 576-8827