What does $350K–$500K buy in Glen Allen in 2026?

In September 2026, homes in Glen Allen’s $350K–$500K band sold at a median of $414,975 after 11.5 days on market, at $237.79 per square foot, based on 36 closed sales.

That’s the price range with the most sales in Glen Allen in September. Here’s what the numbers say about it, and where they stop.

What did the $350K–$500K band look like in September?

Measure (Glen Allen, $350K–$500K)	September 2026
Closed sales	36
Median sale price	$414,975
Median days on market	11.5
Median price per square foot	$237.79
Active listings	90
Months of supply	2.6

Thirty-six sales is a decent month for one band, though one month is still one month. The band also held 90 active listings at month end, more than any other Glen Allen band. Months of supply means how long those listings would last at the recent sales pace.

How does it compare with the $500K–$750K band?

The next band up sold faster and held less inventory. It had a median of $612,250, 8 days on market, $246.40 per square foot, 24 sales, 50 active listings and 1.9 months of supply.

Price per square foot was a little higher in the upper band ($246.40 against $237.79), and homes moved faster. I’d read that as competition being tighter above $500,000 than below it, with the caveat that 24 sales is a small base.

What about the bands below and above?

The data is thinner outside those two bands, so I won’t describe what they buy:

Band	Closed sales	Active listings	Months of supply
$250K–$350K	7	13	1.3
$750K–$1M	7	38	3.3
$1M+	6	14	2.6

Seven sales or fewer isn’t enough to publish a median. The supply figures still point to a tight shelf at $250,000 to $350,000 and more choice at $750,000 to $1 million, though with so few sales I’d call that directional.

What kind of home does that mean?

Glen Allen’s September sales split by type were detached homes at a median of $560,000 (41 sold), condos at $450,000 (15) and townhouses at $415,000 (25). Those are medians for the whole area, not for the band, so they only suggest where a given budget fits.

My interpretation: a $350,000 to $500,000 budget is most likely to land you in townhouse and condo territory, or a smaller detached home, since the detached median sits above the band. The data doesn’t confirm that, and it doesn’t describe condition, age or lot. Look at recent closings to see what homes in your price range actually looked like.

What should a buyer do with this?

First, get your financing figured out before you tour, because the median home in this band sold after 11.5 days on market. Second, don’t read the list price as the whole story. In September, 42% of Glen Allen sales had seller concessions and 22.2% had a price reduction. Those are shares of all 81 sales, not promises for your house, so ask what similar homes closed with.

Third, leave room for inspection and appraisal. How an appraisal gap works is worth reading before you write an offer.

What should I do next?

Tell us your monthly budget, must-haves and timeline, and we’ll pull recent closed sales that match, along with what’s active now. Start on our buying page, or talk with the team in our Glen Allen office. See Daniel Keeton.

Source: Keeton & Co analysis of CVR MLS data, September 2026. Data through October 3, 2026. Prices and per-square-foot figures are medians of closed sales; active listings and months of supply describe homes for sale at month end. Full figures are on the Glen Allen market page.