Housing in Glen Allen

Glen Allen's housing market shows a genuine, disclosed split between two separate measurement approaches -- a real decline in actual sale prices against a separately rising estimated-value figure -- worth understanding before budgeting off either alone.

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Redfin's sale-price data shows a real, substantial decline

The median SALE price for all home types was $391,798 as of April 2026, down 17.1% year over year (Redfin, retrieved 2026-08-24). A separate, more recent average HOUSE price measure for June 2026 was $405,000, down a smaller 5.8% YoY -- both measures point toward real, disclosed softening, though by different magnitudes.

Zillow's separate estimated-value figure moved in the opposite direction

Zillow's average home value (a Zestimate-based figure covering the broader home stock, including homes not currently listed) was $520,345 as of June 30, 2026, up 0.5% YoY -- meaningfully higher than either Redfin figure and moving the opposite direction. This is a real, disclosed methodological tension (actual recent sale prices vs. an estimated-value model) rather than one settled trend.

What this means for buyers and sellers

Given this real, disclosed split, get a property-specific comparative market analysis rather than relying on either the Redfin sale-price trend or the Zillow estimated-value trend alone -- the two sources are measuring genuinely different things (recent closed sales vs. a broader estimated-value model) and disagree on direction, not just magnitude.

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.