Glen Allen, VA
Full City Profile · Virginia · Hanover County County
3.8
/5.0
B+
Good
16,630
Population
1,890/sq mi density
$96,085
Median Income
$42,974 per capita
$338,000
Home Value
$505,346 Zillow
$1,719
Median Rent
26.9% income on rent
58°F
Avg Temperature
305 sunny days/yr
260
Violent Crime/100K
3,725 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$96,085 median income, 3.0% unemployment
A+
Affordability
4.7 / 5.0
$338,000 home value, $1,719/mo rent
F
Safety
1.0 / 5.0
260 violent crimes/100K
A+
Education
4.5 / 5.0
43.8% bachelor's degree or higher
Housing Overview
Median Home Value
$338,000
20% above
US avg: $281,900
Median Rent
$1,719/mo
48% above
US avg: $1,163/mo
Homeownership Rate
76.4%
17% above US avg (65.4%)
Total Housing Units
6,500
Median year built: 1993
Home Value by Source
Census Median
$338,000
Zillow (ZHVI)
$505,346
Median Sale Price
$384,540
Median List Price
$420,347
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.4%
Owner-Occupied
23.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$1,719/mo
· Zillow rent:
$1,930/mo
Market Indicators (Redfin)
Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
28
Price Drops
41.0%
of listings with price reduction
Price Per Sq Ft
$224
Active Inventory
39
homes for sale
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
76.4%
Complete Housing Data
Home Values
| Census Median Value | $338,000 |
| Zillow Home Value (ZHVI) | $505,346 |
| Median Sale Price | $384,540 |
| Median List Price | $420,347 |
| Price Per Sq Ft | $224 |
Rent
| Census Median Rent | $1,719 |
| Zillow Rent (ZORI) | $1,930 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 29 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 41.0% |
| Homes Sold | 28 |
| Active Inventory | 39 |
| Price Per Sq Ft | $224 |
Ownership & Stock
| Owner-Occupied | 76.4% |
| Renter-Occupied | 23.6% |
| Homeownership Rate | 76.4% |
| Total Housing Units | 6,500 |
| Median Year Built | 1993 |
| Rent Burden | 26.9% |
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