If you need assistance, please call 804-353-1250

Richmond

Why you'd want to live in Richmond

We’ve got 100+ buildings with giant artworks painted on them. Lovely burbs with every store on the planet. Farmlands with berry picking, wineries, tomato festivals and antiquing. The Richmond region isn’t just our downtown – it’s a collaboration between the city of Richmond, the city of Colonial Heights, the town of Ashland and four counties: Chesterfield, Hanover, Henrico and New Kent. Each area has its own personality. This is where urban edginess meets southern charm. Or, as some would say, chaaam. It’s a mid-size city – but traffic’s no big deal, which is good if you're trying to get to one of our amazing restaurants, art exhibits or unique attractions. via visitrichmondva.com

Richmond Market Report

$536,152

AVERAGE PRICE OF 960 HOMES

$389,128

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,764,711

AVERAGE PRICE OF 86 MULTI-MILLION DOLLAR HOMES

$634,039

AVERAGE PRICE OF 213 NEWLY BUILT HOMES

$568,887

AVERAGE PRICE OF 108 HOMES WITH A POOL

$514,157

AVERAGE PRICE OF 59 REDUCED PRICE HOMES

Average Home

Average Price $536,152
Avg Bedrooms 2.58 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $252,081
2 bedrooms $333,680
3 bedrooms $465,037
4 bedrooms $633,831
5 bedrooms $877,477
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 215 $732,808 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 960 $536,152 74 days
Distressed Homes 19 $389,128 109 days
Multi-Million Dollar Homes 86 $1,764,711 96 days
Newly Built Homes 213 $634,039 97 days
Homes with a Pool 108 $568,887 91 days
Reduced Price Homes 59 $514,157 63 days
Small & Associates Real Estate, Inc.
3103 Ellwood Ave.
Richmond, VA 23221
804-353-1250

Listings Last Updated: September 13, 2024 Feed Last Updated: September 13, 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.

This site powered by CINC: www.cincpro.com