What does it cost to sell a house in Richmond, VA?
Expect 7–9% of the sale price in total. The largest piece is the listing commission you negotiate with your agent. The next is any compensation you decide to offer a buyer's agent, optional since the 2024 NAR settlement, but still common because it widens the buyer pool. Virginia's grantor tax (currently $0.50 per $500 of value in most localities, plus a regional congestion-relief add-on in Northern Virginia only) and local recordation fees add a few hundred to a couple thousand dollars. Settlement and title fees run $500–$1,500. Finally, budget for inspection repairs or a credit; in the current market sellers typically concede $1,000–$5,000 after inspection.
We provide a written net sheet before you sign a listing agreement, so the number you see is the number you plan around. Read the line-by-line breakdown.
How does Keeton & Co price a home?
We pull closed sales from the MLS for your specific sub-market, not a ZIP code average, and adjust for condition, lot, updates and timing. You see the comps we used and how we adjusted them. Automated estimates from Zillow or Redfin are a starting point for conversation, not a price; they cannot see your kitchen. Where our number differs from an online estimate, we show you why. The market data pages publish the same medians we work from.
What happens between listing and closing?
- 01
Prep 1–2 weeks
Pre-listing walkthrough, repair and staging recommendations, professional photography, floor plan and video.
- 02
Launch Day 1
MLS entry syndicated to Zillow, Realtor.com, Redfin and every brokerage site; targeted social campaigns; agent-to-agent outreach.
- 03
Showings & offers 1–4 weeks
We review every offer with you on price, financing strength, contingencies and closing date, and negotiate terms, not just price.
- 04
Under contract 30–45 days
Inspection, appraisal and title. Your agent manages repair negotiations; a transaction coordinator tracks deadlines.
- 05
Closing Same day
Final walkthrough, settlement, proceeds wired the same day in most cases.
Should I sell now or wait?
It depends on your equity, your next home and your local absorption rate more than on headlines. If your area has under three months of supply, sellers hold leverage; over six, buyers do. Our market pages show months of supply by area, refreshed nightly from the MLS. Ask an agent for the number for your specific neighborhood and price band; that conversation is free and carries no obligation.
No pressure, no auto-dialers
What's my home worth?
A licensed agent texts you from (804) 556-1228 within 5 minutes during business hours.
Common seller questions
How much does it cost to sell a house in Richmond, VA?
Plan on roughly 7–9% of the sale price all-in: the listing commission you negotiate with your agent, any buyer-agent compensation you choose to offer, the Virginia grantor tax and county/city recordation taxes, settlement and title fees, and any repairs or concessions negotiated after inspection. Your agent should show you a net sheet before you list.
How long does it take to sell a house in Central Virginia?
Well-priced homes in the Richmond metro typically go under contract in two to four weeks and close 30–45 days after that. Overpriced homes sit; the first two weeks on market are when buyer attention is highest. Our market pages show current median days on market by area.
Do I have to pay the buyer’s agent?
No. Since the 2024 NAR settlement, buyer-agent compensation is negotiated separately and cannot be advertised on the MLS. Offering it is a pricing decision you make with your listing agent based on what will attract the most qualified buyers.