The short answer
The four counties around Richmond give you more house and yard for a lower tax rate. In September 2026 the median single-family sale was $435,000 in Henrico, $464,000 in Chesterfield, and $528,450 in Hanover. Henrico homes sold fastest, in a median 20 days.
The mistake is comparing list prices across county lines without adding the tax bill and the commute. The table below puts all three on one line.
| County | Median single-family, Sept 2026 | Median days | Real estate tax per $100 | Average commute |
|---|---|---|---|---|
| Henrico | $435,000 | 20 | $0.83 | 24.1 min |
| Chesterfield | $464,000 | 28 | $0.89 | 27.2 min |
| Hanover | $528,450 | 39 | $0.81 | 28.0 min |
| Goochland | Not published by CVR MLS for this month | Not published | $0.53 | 29.9 min (5-year) |
Sources: CVR MLS Local Market Updates, September 2026; each county's 2026 tax rate page; Census ACS 2025 1-year (Goochland 5-year).
Where to look in each county
Questions people ask
Is Henrico or Chesterfield cheaper?
In September 2026, Henrico's median single-family sale was $435,000 against Chesterfield's $464,000 (CVR MLS). Henrico's 2026 real estate tax rate is also lower: $0.83 per $100 against $0.89.
What is the median home price in Hanover County, VA?
$528,450 for single-family homes in September 2026, with a median 39 days on market (CVR MLS).
Does Goochland have the lowest property tax near Richmond?
Yes. Goochland's 2026 rate is $0.53 per $100, the lowest of the five Richmond-area localities.
Sources
- CVR MLS · checked 2026-10-26
- Henrico County · checked 2026-11-07
- U.S. Census Bureau · checked 2026-11-07
- Chesterfield County · checked 2026-11-07
- Hanover County · checked 2026-11-07
- Goochland County · checked 2026-11-07
- U.S. Census Bureau · checked 2026-11-07
- Town of Ashland · checked 2026-11-07
Photo: AI-enhanced from a photo by Ser Amantio di Nicolao, CC BY-SA 3.0.
