Richmond Market Report
$363,238
AVERAGE PRICE OF 1,319 HOMES$249,974
AVERAGE PRICE OF 51 DISTRESSED HOMES$1,915,761
AVERAGE PRICE OF 59 MULTI-MILLION DOLLAR HOMES$408,154
AVERAGE PRICE OF 187 NEWLY BUILT HOMES$816,157
AVERAGE PRICE OF 38 HOMES WITH A POOL$330,255
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $363,238 |
| Avg Bedrooms | 2.69 beds |
| Avg Bathrooms | 2.05 baths |
Average Price by Bedrooms
| 1 bedroom | $199,530 |
| 2 bedrooms | $208,973 |
| 3 bedrooms | $275,875 |
| 4 bedrooms | $420,786 |
| 5 bedrooms | $678,571 |
Richmond Home Price Trends
| 11/2019 | 10/2019 | 9/2019 | 8/2019 | 7/2019 | |
|---|---|---|---|---|---|
| Total Listings | 1,409 | 1,446 | 1,377 | 1,382 | 1,420 |
| Average Price | $357,421 | $355,931 | $355,414 | $354,563 | $366,156 |
| Avg Price Change | +0.42% | +0.15% | +0.24% | -3.27% | +1.59% |
| Median Price | $258,477 | $259,920 | $257,915 | $255,298 | $259,925 |
| Med Price Change | -0.56% | +0.78% | +1.03% | -1.81% | +1.38% |
| Avg Bedrooms | 2.75 beds | 2.78 beds | 2.76 beds | 2.77 beds | 2.8 beds |
| Avg Bathrooms | 2.11 baths | 2.17 baths | 2.14 baths | 2.15 baths | 2.16 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 278 | $283,021 | 79 days |
| Huguenot | 186 | $249,204 | 90 days |
| John Marshall | 150 | $268,405 | 64 days |
| Thomas Jefferson | 225 | $603,759 | 67 days |
| Wythe | 120 | $178,613 | 104 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,319 | $363,238 | 94 days |
| Distressed Homes | 51 | $249,974 | 105 days |
| Multi-Million Dollar Homes | 59 | $1,915,761 | 126 days |
| Newly Built Homes | 187 | $408,154 | 103 days |
| Homes with a Pool | 38 | $816,157 | 103 days |
| Reduced Price Homes | 25 | $330,255 | 50 days |
