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Wallace Hughes

Wallace Hughes
Real Estate Agent (BRKR)
Richmond VA

BRKR (VA: 077457)

44 years experience

REALTOR® 2 Active Listings Serves Henrico County, VA
View on Realtor.com

Contact Information

Brokerage
Re Max Commonwealth

Office Website
Office Address
7201 Glen Forest Dr Ste 104
Richmond, VA  23226
(Henrico County)
Office Phone
804-288-5000
Office Fax
Mobile
804-513-3240
Email
wall*******@*****.com

Service Areas

Beaverdam: VA Caroline: VA Charles City: VA Innsbrook: VA Glen Allen: VA Short Pump: VA Wyndham: VA Laurel: VA Mangohick: VA Hanover: VA Manakin Sabot: VA Mechanicsville: VA Mechanicsvlle: VA East Highland Park: VA Brandermill: VA Woodlake: VA Midlothian: VA Tuckahoe: VA Studley: VA Macon: VA Powhatan: VA Providence Forge: VA Ruthville: VA Quinton: VA Rockville: VA Sandston: VA Varina: VA Highland Springs: VA West Point: VA King And queen: VA Cologne: VA Stevensville: VA Richmond: VA Montrose: VA Henrico: VA Regency: VA Ridge: VA Chester: VA Chesterfield: VA South Chesterfield: VA Ettrick: VA Colonial Heights: VA Enon: VA Hopewell: VA North Prince George: VA

About Wallace Hughes

### Introducing Wally Hughes, Associate Broker

Wally Hughes is a dedicated real estate professional committed to guiding clients through the complexities of buying and selling homes. With a wealth of experience and in-depth market knowledge, Wally ensures that clients are well-informed and supported in their decision-making processes. He is known for his responsiveness and commitment to keeping clients updated on market trends.

Wally operates out of RE/MAX Commonwealth, located at 7201 Glen Forest Drive, Suite 104. This esteemed firm is a proud member of the Central Virginia Regional Multiple Listing Service (MLS) and the National Virginia and Richmond Association of Realtors®. The guiding principles of RE/MAX Commonwealth emphasize integrity, leadership, knowledge, dedication, cooperation, commitment, innovation, enthusiasm, and accomplishment.

#### Educational Background
Wally holds a Bachelor of Business Administration in Marketing and Management from James Madison University. He has furthered his expertise through various post-real estate courses, including Investment Appraisal, Brokerage Finance and Law, and Advanced Sales & Management. He is a Graduate of the Realtors Institute (GRI), a Certified Residential Specialist (CRS), a Certified New Home Site Agent (CSA), a Certified Foreclosure Specialist (CFA), and a Certified Distressed Property Expert (CDPE). He is also an Associate Broker.

#### Professional Experience
Since becoming a full-time Realtor® in 1982, Wally has successfully completed over 1,000 transactions, earning a reputation for excellence and reliability. His career includes significant leadership roles at J.D. Carneal & Sons, where he served as Sales Manager, Vice President, and Executive Vice President before founding Hughes & Co Realtors® in 1988.

#### Professional Affiliations
Wally is an active member of several professional organizations, including the Central Virginia Regional MLS, the Richmond Association of Realtors®, the Virginia Association of Realtors®, and the National Association of Realtors®.

#### Achievements and Recognition
Wally has consistently been recognized for his outstanding performance in real estate. He has been a Distinguished Achiever for the Richmond Association of Realtors® since 1984 and ranked third in sales for ERA in Virginia in 1987. His accolades include membership in the RE/MAX 100% Club since 1992, induction into the RE/MAX Hall of Fame in 2000, and recognition as a Platinum Club Member from 2002 onward. In 2007, he received the Lifetime Achievement Award, and he was honored with the 25-Year Distinguished Achiever Award from 1984 to 2016.

Wally Hughes is not just a Realtor®; he is a trusted partner in your real estate journey.

Henrico County, VA Real Estate Market Analysis (Single Family Homes)

$559,360
Avg. Listing Price
From Wallace's portfolio
3.6 / 2.7
Avg. Beds/Baths
Typical property size
2,195 sf
Avg. Square Footage
Interior living space
627
Active Listings
Current inventory

Henrico County, Virginia represents one of the Richmond metropolitan area's most dynamic and professionally saturated real estate markets, with an impressive network of 3,300 actively licensed agents serving this diverse suburban landscape. This substantial agent population reflects the county's robust housing market activity and its position as a preferred destination for families, young professionals, and retirees seeking proximity to Richmond's urban amenities while enjoying suburban comforts.

The concentration of real estate professionals in Henrico County creates a uniquely competitive environment where agents must specialize in distinct neighborhoods and price points to succeed. From the historic charm of areas near Richmond to the newer developments in western Henrico, these 3,300 licensed professionals navigate everything from starter condos to luxury estates, making the county a fascinating study in market segmentation and professional expertise.

Major Henrico County, Virginia Real Estate Markets

The county's real estate activity centers around several key communities, including Glen Allen, which serves as a major commercial and residential hub with its mix of corporate headquarters and family-friendly neighborhoods. Short Pump has emerged as a retail and residential powerhouse, attracting buyers seeking modern amenities and excellent schools, while areas like Sandston and Highland Springs offer more affordable entry points into the market with growing redevelopment potential.

What makes Henrico County particularly intriguing is its role as both a Richmond suburb and an independent economic center. The western portions of the county, including areas around Innsbrook and the Short Pump corridor, function almost as separate metropolitan zones with their own commercial districts, while eastern Henrico maintains stronger ties to Richmond's urban core, creating distinct market dynamics that require specialized local knowledge.

Market Dynamics and Geographic Complexity

Henrico County's real estate market benefits from remarkable diversity in housing stock and price points, from historic homes near the Richmond city line to contemporary developments in rapidly growing western suburbs. The county's excellent school system drives much of the residential demand, while major employers like Capital One and various healthcare systems ensure steady population growth and housing turnover that keeps all 3,300 agents actively engaged in transactions.

The geographic spread of the county creates interesting market microclimates, with eastern Henrico offering urban accessibility and affordability, while western areas command premium prices for newer construction and retail convenience. This complexity means agents often specialize in specific corridors or price ranges, developing expertise in particular subdivisions or demographic segments rather than attempting to cover the entire county market.

Why Businesses Need Henrico County, Virginia Agent Contact Data

With all 3,300 actively licensed agents maintaining email contact information, Henrico County presents exceptional opportunities for businesses targeting real estate professionals with products, services, or partnership opportunities. This complete digital connectivity makes the market particularly attractive for mortgage lenders, home service providers, technology companies, and professional service firms seeking to build relationships with active, engaged real estate practitioners.

The professional density in Henrico County means businesses can achieve significant market penetration through targeted outreach to these agents, who collectively handle thousands of transactions annually across diverse property types and price points. Whether introducing new marketing tools, home warranty products, or professional development opportunities, companies can efficiently reach a substantial audience of practicing professionals who influence major purchasing decisions throughout the Richmond metropolitan area.

Current Property Listings

As of 2/7/2026, Wallace Hughes has 2 properties for sale in Richmond and surrounding areas.

$125,000

Listed 2025-01-08

Hopefull Church
Montpelier, VA  23192

Beds:
Baths:
Sq Ft:
Lot: 849,420 sf
Land Map
View Full Details

$629,900

Listed 2026-01-10

1702 Old Brick Rd Unit B
Glen Allen, VA  23060

Beds: 3.0
Baths: 2.5
Sq Ft: 2,509
Condos Map
View Full Details

Current Property Rentals

Wallace Hughes currently has no rental properties available in Richmond and surrounding areas. Check back later.