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 HOMES

Average 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