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Richmond

Why you'd want to live in Richmond

Richmond is a city in Virginia with a population of 227,171. Richmond is in Richmond City County. Living in Richmond offers residents an urban suburban mix feel and most residents rent their homes. In Richmond there are a lot of restaurants, coffee shops, and parks. Many young professionals live in Richmond. via niche.com

Richmond Market Report

$532,501

AVERAGE PRICE OF 936 HOMES

$417,069

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,799,224

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$637,126

AVERAGE PRICE OF 212 NEWLY BUILT HOMES

$572,170

AVERAGE PRICE OF 104 HOMES WITH A POOL

$460,276

AVERAGE PRICE OF 53 REDUCED PRICE HOMES

Average Home

Average Price $532,501
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $244,286
2 bedrooms $330,965
3 bedrooms $457,887
4 bedrooms $636,149
5 bedrooms $897,700
Richmond Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 917 896 902 920 869
Average Price $553,876 $553,878 $548,209 $538,222 $533,773
Avg Price Change 0.00% +1.03% +1.86% +0.83% +5.12%
Median Price $401,189 $401,979 $409,244 $421,795 $400,254
Med Price Change -0.20% -1.81% -3.07% +5.38% +1.21%
Avg Bedrooms 2.56 beds 2.61 beds 2.64 beds 2.67 beds 2.67 beds
Avg Bathrooms 2.14 baths 2.2 baths 2.19 baths 2.2 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Thomas Jefferson 202 $721,311 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 936 $532,501 75 days
Distressed Homes 21 $417,069 102 days
Multi-Million Dollar Homes 81 $1,799,224 103 days
Newly Built Homes 212 $637,126 97 days
Homes with a Pool 104 $572,170 91 days
Reduced Price Homes 53 $460,276 52 days
KW Metro Center
Chris Herron
15871 City View Dr, Ste 120
Midlothian, VA 23113
804-299-6722

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Listings Last Updated: September 10, 2024 Feed Last Updated: September 10, 2024

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2024 Virginia MLS Cooperative. All rights reserved.

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