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 HOMES

Average 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
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: March 18, 2019 Feed Last Updated: March 18, 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.

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