Goochland home prices hit $612,000 as inventory remains tight
Median Goochland home prices reached $612,000 in July as only 187 listings kept buyers moving fast.
Median home prices in Goochland County reached $612,000 in July, while only 187 active listings were available and homes averaged 34 days on market. A July 9 Mission Realty Team market update put properties at 97.8 percent of list price, and the county’s 3.1-month supply remained a seller’s market, even if not as tight as a denser metro submarket.
Demand is strongest near West Creek and along Route 6 toward Manakin-Sabot, where commute access and job growth continue to pull buyers east. Goochland is a lower-volume, higher-price rural-luxury market built around acreage properties, equestrian estates and custom homes, a rhythm that looks very different from neighboring Henrico County and Chesterfield County.
Eli Lilly and Company announced a $5 billion manufacturing facility in West Creek Business Park on Sept. 16, 2025. The project is expected to bring 1,800 construction jobs and 650 permanent jobs, and Goochland County won the Virginia Economic Developers Association’s 2025 Top Project - Community Impact award. County transportation planning lists the Route 288 West Creek Interchange Study and Hockett Road/Route 6 intersection improvements.
Goochland covers about 289 square miles on the western edge of the Richmond metropolitan area, and county planning material puts the population at 21,703 in 2014, with Weldon Cooper projecting 27,505 by 2040. County land-use policy directs new development to major villages and designated growth areas to preserve rural character, and the economic-development chapter identifies West Creek, Centerville Village, the I-64 corridor within 1 to 2 miles of the exits, and Courthouse Village as the main business-growth zones.
The July update broke out activity in Goochland Courthouse, Manakin-Sabot and the Tuckahoe Creek Plantation area. Zillow’s data through May 31 showed a typical home value of $586,854, up 3.1 percent from a year earlier, with 92 homes for sale and homes going pending in around 8 days. Realtor.com’s May summary put the median listing price at $695,000 and the median sold price at $715,000, with 78 homes for sale and a median of 29 days on market.
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