Is Sandston, VA 23150 a buyer’s or seller’s market?
Sandston is a seller’s market. With about 2.8 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 59% of U.S. ZIP codes, and #211 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sandston housing market right now
In the three months ending August 31, 2026, 30% of homes in Sandston, VA 23150 sold above their list price, the typical home went under contract in 35 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 51 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold more slowly (22 days then) and the median sale price rose 6% to $329,847. Overall, Sandston is less competitive than a year ago, which gives buyers more room.
Within Henrico County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 82%. On our competition score, Sandston ranks #211 of 358 VA ZIP codes with enough sales (score 57 out of 100).
Nearby, buyers who want less competition could look at Henrico 23075 (24% sold over asking), while Henrico 23229 (54% sold over asking) and Richmond 23222 (47% sold over asking) are even more competitive.
Run the numbers for 23150
Nearby markets
Glen Allen 23060Seller’s market $224 /sq ftHenrico 23075Seller’s market $224 /sq ftHenrico 23228Seller’s market $235 /sq ftHenrico 23229Seller’s market $303 /sq ft Browse all markets →Towns like Sandston nearby
Find towns like Sandston in other states →Where Sandston is
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Questions about Sandston real estate
Is Sandston a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Sandston, VA 23150 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sandston?
The typical home went under contract in 35 days in the latest three months.
Do homes in Sandston sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Sandston?
About 0.71% of a home’s value a year in Henrico County, or roughly $2,840 on a $400,000 home.
What is the median home price in Sandston?
The median sale price was $329,847 in the three months ending August 31, 2026, about $228 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology