Richmond Market Report

$409,135

AVERAGE PRICE OF 1,132 HOMES

$281,447

AVERAGE PRICE OF 32 DISTRESSED HOMES

$1,906,785

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$421,911

AVERAGE PRICE OF 216 NEWLY BUILT HOMES

$574,338

AVERAGE PRICE OF 75 HOMES WITH A POOL

$474,822

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

Average Home

Average Price $409,135
Avg Bedrooms 2.7 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $269,917
2 bedrooms $270,794
3 bedrooms $338,501
4 bedrooms $464,056
5 bedrooms $858,715
Richmond Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 1,161 1,223 1,280 1,301 1,249
Average Price $401,178 $399,556 $406,799 $397,822 $401,400
Avg Price Change +0.41% -1.81% +2.26% -0.90% -2.41%
Median Price $316,036 $310,378 $309,999 $315,143 $321,126
Med Price Change +1.82% +0.12% -1.66% -1.90% +5.93%
Avg Bedrooms 2.69 beds 2.69 beds 2.69 beds 2.67 beds 2.65 beds
Avg Bathrooms 2.14 baths 2.14 baths 2.16 baths 2.14 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Armstrong 258 $307,815 105 days
Huguenot 140 $318,251 72 days
John Marshall 132 $321,805 58 days
Thomas Jefferson 232 $605,658 69 days
Wythe 90 $294,636 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,132 $409,135 93 days
Distressed Homes 32 $281,447 171 days
Multi-Million Dollar Homes 47 $1,906,785 183 days
Newly Built Homes 216 $421,911 176 days
Homes with a Pool 75 $574,338 97 days
Reduced Price Homes 26 $474,822 43 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: October 15, 2021 Feed Last Updated: October 15, 2021

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 © 2021 Virginia MLS Cooperative. All rights reserved.

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