What does $350K–$500K buy in Henrico County in 2026?

In September 2026, 119 Henrico County homes sold between $350,000 and $500,000, at a median of $412,500. That made it the busiest of the price bands in the county’s report.

If $400,000 or so is your budget, here’s what that range looks like in real numbers, and where it gets tight.

What does a $350K–$500K budget look like in Henrico?

It sits right at the center of the market. Henrico’s overall median sale price in September 2026 was $401,045, up 4.7% from a year ago, based on 308 closed sales.

Inside the band, the median home sold for $412,500 after a median of 10 days on market, at $231.65 per square foot. There were 339 active listings, or 2.7 months of supply.

I can tell you the numbers; I can’t tell you the neighborhood. Henrico County is large, and the data here is countywide, so check what a given street has sold for before you decide a home is a fit.

Which kind of home do you get?

By property type, the county’s September medians were:

Property type	Median sale price	Homes sold
Detached	$425,000	201
Townhouse	$372,320	67
Condo	$335,335	40

A detached house at the county median fits comfortably in this band. The countywide townhouse median falls inside the band, and the condo median sits just below it. These are countywide medians for all price ranges, so they show where each type sits, not what any single listing costs.

Beyond that, what you get for the money varies widely by age, lot and location, and I’d rather you look at specific homes than lean on a generalization.

How does this band compare with the ones around it?

Price band	Sold	Median price	Days on market	Months of supply
$250K–$350K	75	$300,000	17	2.4
$350K–$500K	119	$412,500	10	2.7
$500K–$750K	55	$615,000	10	2.1
$750K–$1M	15	$825,000	18	2.5

The $350K–$500K and $500K–$750K bands both sold in a median of 10 days, while the $250K–$350K band took 17. The $500K–$750K band had the least supply of the four at 2.1 months, which is the tightest in the table.

Small bands deserve caution. The $750K–$1M band had 15 sales, so its numbers can swing on a few closings.

How competitive was it?

Countywide, 34.7% of September sales went above list, and the sale-to-list price ratio was 100.0%, measured against the final list price. An above-list sale doesn’t, by itself, mean there were multiple offers.

At the same time, 43.8% of sales included seller concessions and 23.7% had a price reduction. Both can be true in the same month. One reading, which is my interpretation, is that well-priced homes move quickly while others negotiate.

Countywide months of supply was 2.5, up 31.6% from a year ago. Active listings were up 21.9%, so there’s more to choose from than last September.

How should I shop this band?

This section is my interpretation, not data.

Get pre-approved first, because homes in this band sold in a median of 10 days, and that leaves little time to sort out financing after you find one. Have your lender show you the full monthly payment with taxes and insurance, and add any HOA dues for a townhouse or condo.

Rank your must-haves before touring. Then use recent closed sales for the specific neighborhood to decide what’s fair; our posts on seller concessions and appraisal gaps cover two issues that come up at this price.

What should I do next?

If this is your range, start with our buyer process and tell us your commute, must-haves and monthly budget; we’ll show you what has actually sold nearby. You can also visit our Glen Allen office or read about Daniel Keeton.

Source: Keeton & Co analysis of CVR MLS data, September 2026. Data through October 3, 2026. Prices are medians of closed sales; days on market, price per square foot and shares describe closed sales. Active listings and months of supply describe homes for sale at month end. Year-ago changes are relative percent changes. Live figures are on the Henrico County market page.