Richmond Market Report

$353,552

AVERAGE PRICE OF 1,396 HOMES

$197,291

AVERAGE PRICE OF 52 DISTRESSED HOMES

$1,994,053

AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES

$381,937

AVERAGE PRICE OF 181 NEWLY BUILT HOMES

$943,802

AVERAGE PRICE OF 33 HOMES WITH A POOL

$329,192

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $353,552
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $164,054
2 bedrooms $201,570
3 bedrooms $275,564
4 bedrooms $390,614
5 bedrooms $680,892
Richmond Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 1,495 1,479 1,368 1,150
Average Price n/a $360,411 $363,084 $342,737 $336,241
Avg Price Change n/a -0.74% +5.94% +1.93% +3.69%
Median Price n/a $256,399 $257,937 $248,145 $251,227
Med Price Change n/a -0.60% +3.95% -1.24% +1.31%
Avg Bedrooms n/a 2.79 beds 2.79 beds 2.74 beds 2.71 beds
Avg Bathrooms n/a 2.16 baths 2.14 baths 2.07 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 272 $251,504 68 days
Huguenot 189 $298,223 68 days
John Marshall 86 $291,146 49 days
Thomas Jefferson 246 $590,643 59 days
Wythe 154 $152,532 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,396 $353,552 70 days
Distressed Homes 52 $197,291 79 days
Multi-Million Dollar Homes 55 $1,994,053 104 days
Newly Built Homes 181 $381,937 87 days
Homes with a Pool 33 $943,802 73 days
Reduced Price Homes 48 $329,192 47 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: August 19, 2019 Feed Last Updated: August 19, 2019

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 © 2019 Virginia MLS Cooperative. All rights reserved.