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How January 2026 Impacts Glen Allen, VA Buyers and Sellers

Published on Friday, January 2, 2026
Scott Fogleman
eXp Realty
Focus areas include Amherst, Appomattox, Bedford, Chesterfield, Forest, Glen Allen, Henrico, Lynchburg, Moneta and Roanoke, along with surrounding towns, communities and neighborhoods.
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Starting off a new year in real estate means reevaluating plans and moving forward with data driven confidence. In Glen Allen, VA, January 2026 is shaping up as an exciting month for both buyers and sellers, with clear numeric signals guiding every smart choice. Are you prepared for the changing marketplace?

With a median sale price of $445,000 rising 6.5 percent year over year, those hunting affordable homes in Glen Allen, VA this January 2026 need to act quickly as inventory tightens.

Buyer and Seller Dynamics in Glen Allen, VA

Active listings this month number 142, down from last month, and new listings tally just 106, representing a 4 percent dip. This shrinking supply brings new urgency to every offer and listing, especially when buyers ask, is it a good time to buy in Glen Allen, VA? Average days on market for single family homes is 19, while attached properties average 26 days. Why it matters: Quick market cycles favor sellers but can reward fast, prepared buyers as well.

Sellers will be pleased to see a 97.5 percent list to sale price ratio and low expired listings. This means accurate pricing and solid property prep pay off. Entry level homes are limited at just 11 percent of new listings, so competition is robust. Sellers need a sharp approach if they hope to learn how to sell your house fast in Glen Allen, VA.

Key Numbers as of January 2026

Market absorption is dynamic at 2.7 months, a seller leaning number (balanced is 4.5). Concession rates are down to 1.5 percent, closing the gap from buyer to seller, and new construction made up 19 percent of fresh inventory. Interest rates average 6.27 percent for 30 year fixed, so budget planning is more important than ever.

What Glen Allen, VA Clients Should Consider

Closed sales reached 88, a five year high for January. Mid tier property showings continue to grow and buyers benefit from quick decision making. For sellers, list price reductions (on overpricing) now cost around $9,100. Why it matters: Staying close to market value brings a faster sale and less risk.

  • 142 active listings (down from 159)
  • 106 new listings in January
  • Median sale price: $445,000
  • Absorption: 2.7 months
  • 97.5 percent list to sale ratio

Plan With Confidence This January 2026

Get a clear plan from Scott Fogleman based on real activity in Glen Allen, VA this January 2026.

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Final Thoughts for January 2026

Both buyers and sellers in Town, VA have unique opportunities this month. Use the available data to reinforce your real estate decisions, and connect with a local expert when details matter most. Tracking Glen Allen, VA means gaining the advantage whatever your real estate ambitions.

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