Groundwork

Real estate · Metro area · Virginia

Real estate agents and brokers in the Richmond, VA metro area

How the Richmond, VA metro area compares with other metro areas and the U.S. for real estate agents and brokers: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 46 out of 100: Lower middle

Ranked #224 of 387 scored metro areas
#4 of 9 scored metro areas based in Virginia

Listings
1,697
62 chain locations (4%)
Official establishments
681
+29.6% since 2019
Household spending a year
$8.7B
On rent and homeowner costs · $16,247 a household
Housing spending per listing (U.S. = 100)
94
6% below the U.S.
Listings per 10k households
31.8
4% above the U.S.
Population, 2025
1,389,338
+5.5% since 2020

See the real estate agents and brokers around any address in the Richmond metro area

The site report maps the real estate agents and brokers on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Richmond metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 1,697 real estate agents and brokers in the Richmond metro area. Of those, 62 are chain locations, or 4%, against 4% across the U.S. That is 31.8 per 10,000 households, 4% above the U.S. rate of 30.6.

Household spending on rent and homeowner costs in the Richmond metro area comes to about $8.7B a year: $16,247 per household, 2% below the U.S. average. Housing spending per office is 6% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate agents and brokers take in.

Official counts show 681 businesses with payroll classed as offices of real estate agents and brokers in the Richmond metro area in 2023, up 29.6% from 2019. That is one for every 783 households, against one for every 788 across the U.S. Since fiscal 2022, 3 SBA-backed loans worth $962K have gone to businesses classed as offices of real estate agents and brokers in the Richmond metro area.

Population estimates put the population change in the Richmond metro area from 2020 to 2025 at +5.5%, faster than the U.S. (+3.1%). The Groundwork market score for real estate agents and brokers in the Richmond metro area is 46 (lower middle), #224 of 387 scored metro areas and #4 of 9 scored metro areas based in Virginia.

How the Richmond metro area compares

The same measures for Virginia and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate agents and brokers in Richmond, VA metro area compared with Virginia and the U.S.
MeasureRichmond metro areaVirginiaU.S.
Listings per 10k households31.833.530.6
Housing spending per listing (U.S. = 100)9492100
Households per official establishment783791788
Official establishment growth, 2019–2023+29.6%+21.7%+20.1%
Population growth, 2020–2025+5.5%+2.8%+3.1%
Spending per household on rent and homeowner costs$16,247$16,844$16,661
Median household income$86,679$93,170$80,734
Groundwork market score4639

Official counts and lending

Businesses

Official establishments, 2019 to 2023
681+29.6% over the period
Employees, 2023
2,062
Annual payroll, 2023
$164.8M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
1,69762 chain locations
Listings at the U.S. rate for this spending
1,590The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
3
Amount
$962K

SBA-backed loans to businesses classed as offices of real estate agents and brokers in the Richmond metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Richmond metro area

Population, 2025 estimate
1,389,338+5.5% since 2020
Households
533,430
Median age
40.2
Homes lived in by their owners
67%
Vehicles per household
1.9
Land area
4,368 sq. mi.
People per square mile
307
Median household income
$86,679+26.5% vs. 2015–2019, before inflation
Average household income
$117,479
Median home value
$353,500
Jobs located here
693,750
Daytime population
1,389,666Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Richmond metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate agents and brokers on map listings by name and distance.

Or open the report at the center of the Richmond metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate agents and brokers across Virginia

Every Virginia market ranked →

The highest-scoring metro areas in Virginia for real estate agents and brokers, numbered among those based in Virginia (a market based in another state is listed without a number), with the Richmond metro area marked.

Top metro areas in Virginia

Metro areas in Virginia ranked for real estate agents and brokers by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Kingsport-Bristol, TN-VA6719615.0169+2.3%#48 of 387
1Harrisonburg, VA6210120.2136+3.5%#79 of 387
2Blacksburg-Christiansburg-Radford, VA5014821.1127−0.1%#179 of 387
3Staunton-Stuarts Draft, VA4712824.5110+3.2%#208 of 387
Washington-Arlington-Alexandria, DC-VA-MD-WV478,99537.992+3.3%#214 of 387
4Richmond, VA461,69731.894+5.5%#224 of 387
5Winchester, VA-WV4618433.188+6.5%#225 of 387
6Charlottesville, VA4129933.193+3.1%#271 of 387
7Roanoke, VA3636227.598+0.4%#323 of 387
8Lynchburg, VA3529428.493+2.9%#334 of 387

Other business types in the Richmond metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate agents and brokers are in the Richmond, VA metro area?

There are 1,697 real estate agents and brokers on map listings in the Richmond metro area as of September 2026. 62 of them (4%) are chain locations. The listings count real estate agents and brokerages, commercial brokers included. Official counts show 681 businesses with payroll classed as offices of real estate agents and brokers in 2023, up 29.6% from 2019.

How much do households in the Richmond, VA metro area spend on rent and homeowner costs?

About $8.7B a year, or $16,247 per household. That is 2% below the U.S. average (an index of 98, where 100 is the U.S. average). For the 1,697 real estate agents and brokers on map listings, housing spending per office is 6% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate agents and brokers take in. It is estimated from the incomes of the 533,430 households in the Richmond metro area and national spending patterns by income.

How does the Richmond, VA metro area compare with the U.S. for real estate agents and brokers?

The Richmond metro area has 31.8 real estate agents and brokers per 10,000 households, 4% above the U.S. rate of 30.6. The index of housing spending per office is 94, where 100 is the U.S. At the national ratio of real estate agents and brokers to household spending, the Richmond metro area would have about 1,590, against 1,697 on map listings. There is one business with payroll in the industry for every 783 households, against one for every 788 across the U.S. The official count rose 29.6% from 2019 to 2023, against +20.1% for the U.S.

How fast is the Richmond, VA metro area growing?

Population estimates put the Richmond metro area at 1,389,338 people in 2025, up 5.5% since 2020, faster than the U.S. (+3.1%). It has 533,430 households. The median household income in the Richmond metro area is $86,679 a year, 7% above the U.S. median of $80,734. That rose 26.5% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Richmond metro area scores 46 for real estate agents and brokers (lower middle), #224 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Richmond metro area. It maps the real estate agents and brokers on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate agents and brokers · All 56 business types in the Richmond metro area

Screening a site or an acquisition in the Richmond metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Richmond metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.