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Chesterfield County or Henrico County? What September 2026 sales show about price, space and negotiating room

By Daniel Keeton Updated 3 min read

In September 2026 the median sale price was $435,500 in Chesterfield County and $401,045 in Henrico County, per Keeton & Co analysis of CVR MLS data. Henrico's median price per square foot was higher ($237.14 versus $212.87), and 58.2% of Chesterfield sales included seller concessions versus 43.8% in Henrico.

Is Chesterfield cheaper than Henrico?

It depends on what you measure. Chesterfield County’s median sale price in September 2026 was $435,500 (374 sales), and Henrico County’s was $401,045 (308 sales). Chesterfield’s year-over-year change was up 2.5%; Henrico’s was up 4.7%.

But price per square foot went the other way. Henrico’s median was $237.14, and Chesterfield’s was $212.87. If your shopping list starts with square footage rather than a monthly payment, that gap is the number to look at.

Why the gap exists is something this data does not say. One reasonable interpretation is that the typical Chesterfield sale involved a larger home, or a different mix of homes, than the typical Henrico sale. Treat that as a guess to test on actual listings, not a finding.

Does the type of home change the picture?

Yes, and it is where a countywide median misleads most. A countywide median has never walked through your front door, and the mix of homes behind it is different in each county.

September 2026 median sale price Chesterfield County Henrico County
Detached $466,900 (305 sold) $425,000 (201 sold)
Townhouse $379,990 (39 sold) $372,320 (67 sold)
Condo $364,465 (30 sold) $335,335 (40 sold)

Henrico had more townhouse sales than Chesterfield in this snapshot (67 versus 39), while Chesterfield had more detached sales (305 versus 201). Detached homes show the widest gap between the counties; townhouses sit closer together.

The condo and townhouse samples are small, so avoid reading a lot into a single month’s difference. For detached homes the samples are larger, and the gap is more meaningful.

Which county gives buyers more room to negotiate?

On these numbers, Chesterfield, a little. Chesterfield had 3 months of supply and Henrico had 2.5. Chesterfield’s median days on market was 12 and Henrico’s was 13. Neither is a long wait.

Seller concessions show a bigger difference. About 58.2% of Chesterfield sales included concessions (373 sales measured), compared with 43.8% in Henrico (308). Concessions are money the seller contributes, often toward the buyer’s closing costs, so it is a sign that negotiation was part of many deals.

That is a share of closed sales, not a guarantee that a seller will agree to one. Our post on seller concessions in Virginia explains how to ask. These counties are also large, so a particular neighborhood or price range can behave differently from the county as a whole.

What are the limits of this comparison?

Closed-sale numbers describe what already happened. They do not tell you about commute, schools, property taxes, the age of the housing stock or how a neighborhood feels on a Saturday morning. I would not choose a county on this table alone.

I would use it to narrow the question. If square footage matters most to you, look harder at Chesterfield. If you are weighing a townhouse or condo, compare specific communities in both counties, because the type samples here are small. If you are in a hurry, remember that both counties sold homes in about two weeks at the median.

My read is that the better county is the one where you find the right house on the right street, and the data is a way to ask better questions of an agent. It is not a ranking.

What should I do next?

Pick two or three streets or communities in each county, and ask us to compare recent sales for your price range and home type. Daniel Keeton and our Glen Allen office can help, and you can start on the buyer page.

Source: Keeton & Co analysis of CVR MLS data, September 2026, data through October 3, 2026. Prices are medians of closed sales; months of supply describes active listings at month end. See the full pages for Chesterfield County and Henrico County.

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