Richmond Market Report
$399,382
AVERAGE PRICE OF 1,238 HOMES$324,309
AVERAGE PRICE OF 36 DISTRESSED HOMES$1,999,931
AVERAGE PRICE OF 45 MULTI-MILLION DOLLAR HOMES$398,585
AVERAGE PRICE OF 284 NEWLY BUILT HOMES$475,463
AVERAGE PRICE OF 86 HOMES WITH A POOL$479,227
AVERAGE PRICE OF 24 REDUCED PRICE HOMESAverage Home
| Average Price | $399,382 |
| Avg Bedrooms | 2.65 beds |
| Avg Bathrooms | 2.11 baths |
Average Price by Bedrooms
| 1 bedroom | $261,302 |
| 2 bedrooms | $260,979 |
| 3 bedrooms | $334,582 |
| 4 bedrooms | $433,148 |
| 5 bedrooms | $675,483 |
Richmond Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 1,166 | 1,082 | 1,027 | 1,100 | 1,214 |
| Average Price | $411,075 | $411,725 | $413,875 | $399,253 | $413,797 |
| Avg Price Change | -0.16% | -0.52% | +3.66% | -3.64% | -2.57% |
| Median Price | $303,145 | $299,862 | $299,627 | $288,356 | $290,642 |
| Med Price Change | +1.09% | +0.08% | +3.91% | -0.79% | -3.05% |
| Avg Bedrooms | 2.62 beds | 2.62 beds | 2.64 beds | 2.68 beds | 2.68 beds |
| Avg Bathrooms | 2.13 baths | 2.18 baths | 2.19 baths | 2.21 baths | 2.22 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 256 | $308,159 | 96 days |
| Huguenot | 174 | $309,994 | 73 days |
| John Marshall | 138 | $334,414 | 70 days |
| Thomas Jefferson | 265 | $552,659 | 67 days |
| Wythe | 108 | $234,929 | 82 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,238 | $399,382 | 91 days |
| Distressed Homes | 36 | $324,309 | 155 days |
| Multi-Million Dollar Homes | 45 | $1,999,931 | 197 days |
| Newly Built Homes | 284 | $398,585 | 163 days |
| Homes with a Pool | 86 | $475,463 | 126 days |
| Reduced Price Homes | 24 | $479,227 | 87 days |
