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 HOMESAverage 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 |
