Median list price

$427,475▲ 5.6% vs last yearSeptember 2026 · Realtor.com

Property tax rate

0.71%Below state avg 0.73%Median bill $2,565/yr · Census

Median rent

$1,5412-bed $1,511Per month · Census

Days on market

38 days▼ 5 days vs last yearSeptember 2026 · Realtor.com

What the numbers say

Henrico County, VA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Henrico County listed for $427,475, up 5.6% from a year earlier. That is 6% below the Virginia median of $455,953.

Homes spent a median of 38 days on the market, faster than 43 days a year ago. That makes Henrico County the #9 fastest-selling of 37 Virginia counties we track.

Homeowners in Henrico County pay a median of $2,565 a year in property taxes on a median home value of $359,200, an effective rate of about 0.71%. The Virginia average is 0.73%, which makes Henrico County the #90 lowest-tax of 133 counties in the state with published tax data.

Renters pay a median of $1,541 a month, and $1,511 for a two-bedroom. At today's prices a typical home costs about 23 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $427,000 home here comes to about $2,763 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $118,000 a year (the median household here earns $88,783).

Median list price, last 12 months
$430K$412K$394KSep 2025Sep 2026

Monthly payment on a typical home

$2,763/mo
  • Principal & interest$2,331
  • Property tax$254
  • Insurance (est.)$178

$427,000 home · 20% down · 7.24% 30-year fixed

Run your own numbers

Rents in Henrico County by bedrooms

Studio$1,4536% below state
1 bedroom$1,34210% below state
2 bedrooms$1,5112% above state
3 bedrooms$1,7253% above state
4 bedrooms$2,154Same as state

Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.

Selling here?See what you'd walk away with after commissions and closing costs.Seller net sheet → Buying here?Monthly payment with Henrico County's real property tax rate.Mortgage calculator → Agent here?Find out how many listing appointments you need to hit your income goal.Agent income calculator →

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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.