Richmond Market Report
$330,462
AVERAGE PRICE OF 994 HOMES$281,425
AVERAGE PRICE OF 48 DISTRESSED HOMES$2,125,353
AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES$383,614
AVERAGE PRICE OF 135 NEWLY BUILT HOMES$515,326
AVERAGE PRICE OF 40 HOMES WITH A POOL$434,598
AVERAGE PRICE OF 35 REDUCED PRICE HOMESAverage Home
| Average Price | $330,462 |
| Avg Bedrooms | 2.68 beds |
| Avg Bathrooms | 1.6 baths |
Average Price by Bedrooms
| 1 bedroom | $149,570 |
| 2 bedrooms | $166,834 |
| 3 bedrooms | $250,317 |
| 4 bedrooms | $381,686 |
| 5 bedrooms | $565,736 |
Richmond Home Price Trends
| 12/2018 | 11/2018 | 10/2018 | 9/2018 | 8/2018 | |
|---|---|---|---|---|---|
| Total Listings | 1,131 | 1,242 | 1,247 | 1,200 | 1,181 |
| Average Price | $339,540 | $344,023 | $339,898 | $330,630 | $344,209 |
| Avg Price Change | -1.32% | +1.21% | +2.80% | -4.11% | -3.18% |
| Median Price | $231,637 | $234,729 | $237,883 | $232,733 | $246,056 |
| Med Price Change | -1.33% | -1.34% | +2.21% | -5.72% | -2.89% |
| Avg Bedrooms | 2.72 beds | 2.74 beds | 2.75 beds | 2.74 beds | 2.73 beds |
| Avg Bathrooms | 1.63 baths | 1.65 baths | 1.66 baths | 1.67 baths | 1.68 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Armstrong | 220 | $246,155 | 112 days |
| Huguenot | 122 | $278,722 | 120 days |
| John Marshall | 79 | $241,848 | 94 days |
| Thomas Jefferson | 160 | $535,078 | 76 days |
| Wythe | 111 | $137,708 | 108 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 994 | $330,462 | 110 days |
| Distressed Homes | 48 | $281,425 | 123 days |
| Multi-Million Dollar Homes | 31 | $2,125,353 | 236 days |
| Newly Built Homes | 135 | $383,614 | 170 days |
| Homes with a Pool | 40 | $515,326 | 149 days |
| Reduced Price Homes | 35 | $434,598 | 70 days |
