Is Sandston, VA 23150 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

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.

Competition score57/ 100

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

Months of supply2.8Under 4 months = seller’s market
Sold above original list30%Share of sales, last 3 months
Median sale-to-list98.4%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$228▲ +0.7% vs. last year

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.

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 →

Where Sandston is

Loading map…

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.

No sponsored agents in 23150 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 23150

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology