Who doesn’t love a top 10 list? Well, this year we have two: one for sellers and one for buyers. But before you look at the rankings, there’s something important to understand.

If a move is on your radar for 2026, remember this: there isn’t just one housing market. There are many, and your advantage depends on your local market conditions.

Experts agree that 2026 will be one of the most geographically split housing markets in years. Some areas favor sellers, while others are opening doors for buyers. Selma Hepp, Chief Economist at Cotality, explains:

“Looking ahead to 2026, regional differences will remain pronounced, with demand favoring areas that offer both economic opportunity and relative affordability.”
— Cotality Insights

This highlights why local expertise is more critical than ever. Let’s break down the trends and how they relate to Richmond and surrounding communities.

Markets Where Sellers Are Poised to Win Big in 2026

Zillow identifies several metro areas as top seller markets for 2026. These areas are expected to have:

• Strong buyer demand
• Positive pricing momentum
• Homes selling quickly

In seller-friendly markets, homeowners can expect:

• Stronger buyer interest
• Shorter time on market
• Higher likelihood of selling close to or above asking price

Even in a strong seller market, preparation matters. Sellers who price correctly, stage their homes, and leverage an agent’s expertise are positioned to achieve the best results. Learn more about our listing process here: List Your Home with Don Reid Properties.

Richmond Holds Strong in the Seller Market

Richmond ranks among the top markets for sellers nationally, coming in at #9. This means homeowners here benefit from strong buyer demand and pricing momentum compared to many other areas.

Even if your city doesn’t appear on every national list, don’t stress. These rankings reflect broad trends and don’t capture the full picture of your local market. Local conditions, buyer demand, and pricing strategy matter far more when it comes to real results.

Markets With Opportunities for First-Time Buyers

On the other hand, certain metros favor buyers, especially first-time buyers who have struggled to enter the market recently. Realtor.com highlights top metros where buyers may have more opportunities in 2026. (Realtor.com 2026 Buyer Trends)

Affordable pricing and availability create opportunities for first-time buyers.

These markets stand out for a combination of:

• More affordable home prices
• Greater housing availability
• Strong local amenities and economic health

First-time buyers in these areas can expect:

• Less intense competition
• More room to negotiate
• A clearer path to getting an offer accepted

What Matters More Than Any Top 10 List

Not seeing your city on a national list? That’s okay. These rankings are snapshots of broad trends, not a verdict on your local market. With the right strategy and a trusted local agent, you can achieve your goals whether your market leans toward buyers or sellers.

For example:

• A seller in a more buyer-friendly metro may need to be aggressive with pricing and home preparation.
• A buyer in a seller-leaning area may need to come prepared with their strongest offer.

That is why working with a local agent is critical. They can help you understand the nuances of your market, whether it is Richmond, Chesterfield, Henrico, or the surrounding areas. Learn more about our home search tools: Richmond Homes for Sale

Bottom Line

The housing market in 2026 is not one-size-fits-all. It is a year where local conditions matter more than ever.

Whether your area leans more buyer-friendly or seller-friendly, the right strategy can put you in a strong position. And that is where a local real estate expert comes in. Let’s connect to discuss your options and create a plan that works for your goals.

📞 Call or text Don Reid Properties at (804) 929 4475
🌐 Visit www.donreidproperties.com