Richmond Market Report
$358,796
AVERAGE PRICE OF 1,488 HOMES$1,940,841
AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES$409,359
AVERAGE PRICE OF 151 NEWLY BUILT HOMES$1,097,655
AVERAGE PRICE OF 29 HOMES WITH A POOL$453,532
AVERAGE PRICE OF 64 REDUCED PRICE HOMESAverage Home
| Average Price | $358,796 |
| Avg Bedrooms | 2.79 beds |
| Avg Bathrooms | 2.16 baths |
Average Price by Bedrooms
| 1 bedroom | $183,930 |
| 2 bedrooms | $200,892 |
| 3 bedrooms | $272,602 |
| 4 bedrooms | $421,967 |
| 5 bedrooms | $695,747 |
Richmond Home Price Trends
| 5/2019 | 4/2019 | 3/2019 | 2/2019 | 1/2019 | |
|---|---|---|---|---|---|
| Total Listings | 1,479 | 1,368 | 1,150 | 1,043 | 1,002 |
| Average Price | $363,084 | $342,737 | $336,241 | $324,281 | $334,537 |
| Avg Price Change | +5.94% | +1.93% | +3.69% | -3.16% | -1.50% |
| Median Price | $257,937 | $248,145 | $251,227 | $247,990 | $236,150 |
| Med Price Change | +3.95% | -1.24% | +1.31% | +5.01% | +1.95% |
| Avg Bedrooms | 2.79 beds | 2.74 beds | 2.71 beds | 2.7 beds | 2.68 beds |
| Avg Bathrooms | 2.14 baths | 2.07 baths | 2.08 baths | 1.88 baths | 1.61 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 304 | $243,609 | 55 days |
| Huguenot | 200 | $320,273 | 52 days |
| Marshall | 97 | $245,456 | 56 days |
| Thomas Jefferson | 284 | $611,268 | 46 days |
| Wythe | 139 | $152,246 | 50 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,488 | $358,796 | 54 days |
| Multi-Million Dollar Homes | 64 | $1,940,841 | 72 days |
| Newly Built Homes | 151 | $409,359 | 72 days |
| Homes with a Pool | 29 | $1,097,655 | 54 days |
| Reduced Price Homes | 64 | $453,532 | 45 days |
