Market Overview
Richmond's median sold price is $389K with homes averaging 30 days on market; Sterling is at $615K and 26 days (12-month settled sales in smover's records, through Jul 2026). Sterling is pricier ($615K median vs $389K), a difference of about $226K. Sterling moves faster, with homes averaging 26 days on market compared to 30 in Richmond. Richmond offers a lower entry point at $125K–$1.5M.
Richmond
VA
Sterling
VA
Median Sold Price
12 months through Jul 2026
$389K
$615K
Avg Days on Market
12 months through Jul 2026
30 days
26 days
Price Range
$125K–$1.5M
$180K–$1.5M
Notable Neighborhoods
The Fan, Carytown, Church Hill, Scott's Addition
Cascades, Countryside, Sugarland Run, Lowes Island
VA
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Related Comparisons
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Frequently Asked Questions
Is Richmond or Sterling more affordable?
Richmond is more affordable with a median sold price of $389K, compared to $615K in Sterling (12-month settled sales in smover's records, through Jul 2026). Both cities offer a wide range of housing options, from condos and townhomes to single-family homes. Richmond prices range from $125K–$1.5M. Sterling prices range from $180K–$1.5M.
How do Richmond and Sterling compare?
Richmond is Virginia's capital and a city experiencing a major renaissance. Sterling is a fast-growing Loudoun County community near Dulles Airport. The right choice depends on your priorities: budget, commute length, home types, and neighborhood feel. smover can connect you with a verified agent in either city.
Median sold prices and days on market are 12-month aggregates of settled sales in smover's records, through Jul 2026. School data from Virginia DOE, Maryland MSDE, and DC OSSE public reports. Property tax rates from Virginia Dept. of Taxation (2024). Walkability scores from Walk Score (2024). Crime data from FBI UCR and Virginia State Police (2023). Commute times are approximate rush-hour estimates. Updated August 2026.