Richmond Market Report
$333,871
AVERAGE PRICE OF 1,134 HOMES$1,967,563
AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES$393,923
AVERAGE PRICE OF 119 NEWLY BUILT HOMES$516,343
AVERAGE PRICE OF 48 HOMES WITH A POOL$299,821
AVERAGE PRICE OF 35 REDUCED PRICE HOMESAverage Home
| Average Price | $333,871 |
| Avg Bedrooms | 2.71 beds |
| Avg Bathrooms | 2.08 baths |
Average Price by Bedrooms
| 1 bedroom | $179,765 |
| 2 bedrooms | $180,217 |
| 3 bedrooms | $273,728 |
| 4 bedrooms | $403,050 |
| 5 bedrooms | $668,980 |
Richmond Home Price Trends
| 2/2019 | 1/2019 | 12/2018 | 11/2018 | 10/2018 | |
|---|---|---|---|---|---|
| Total Listings | 1,043 | 1,002 | 1,131 | 1,242 | 1,247 |
| Average Price | $324,281 | $334,537 | $339,540 | $344,023 | $339,898 |
| Avg Price Change | -3.16% | -1.50% | -1.32% | +1.21% | +2.80% |
| Median Price | $247,990 | $236,150 | $231,637 | $234,729 | $237,883 |
| Med Price Change | +5.01% | +1.95% | -1.33% | -1.34% | +2.21% |
| Avg Bedrooms | 2.7 beds | 2.68 beds | 2.72 beds | 2.74 beds | 2.75 beds |
| Avg Bathrooms | 1.88 baths | 1.61 baths | 1.63 baths | 1.65 baths | 1.66 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 272 | $238,985 | 25 days |
| Huguenot | 124 | $267,579 | 25 days |
| Marshall | 93 | $267,490 | 26 days |
| Thomas Jefferson | 227 | $557,543 | 23 days |
| Wythe | 108 | $146,546 | 25 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,134 | $333,871 | 25 days |
| Multi-Million Dollar Homes | 32 | $1,967,563 | 25 days |
| Newly Built Homes | 119 | $393,923 | 29 days |
| Homes with a Pool | 48 | $516,343 | 27 days |
| Reduced Price Homes | 35 | $299,821 | 26 days |
